UK Recruitment Sector - Changing Trends In Permanent and Temporary Staffing
March 2011
39
About the Report
About the Report
UK recruitment sector is the largest in Europe also one of the leading markets worldwide. The industry has benefited from globalisation, country’s economy, IT sector growth and universities offering placement opportunities for foreign students. In recent times recruitment industry faced a hard hit from recession resulting fall in employment rate and affected both permanent and temporary staffing sectors. In post recessionary period industry has started showing positive trends, especially permanent staffing sector which is expected to open more opportunities for job seekers.
- The current state of the UK recruitment market shows that it has improved to register growth in the range of around 4.5% in 2010 from a negative performance in 2008 & 2009.
- The overall recruitment sector revenue fell by nearly ~% in 2009 compared to 2008 figures; year 2008 also faced the heat of global economy slowdown.
- The UK public sector had held up well during the recession, due in large part to the government policy of increasing spending.
- In 2009 permanent placement turnover fell by ~% to USD ~ billion while temporary and contract turnover dropped by 10.4% to USD~ billion. Professional/executive recruitment is expected to grow faster than traditional recruitment (blue and white collar) in all the European countries.
- The IT sector remains a significant contributor to The UK’s GDP (contributing 10%) and remains the largest market for ICT in the EU. In April 2009 the ratio of permanent jobs remained constant with permanent jobs equating to ~% of total jobs and contract jobs now representing ~%.
- The report gives a detailed analysis of the UK recruitment sector with discussion market past performance, present analyses and future outlook of the industry also demand by segmentation and functional areas.
- Report discuses regulatory environment on different sectors also assess the industry trends and developments.
- Discusses industry players positioning, market share, profiled major players and further scope for new and existing players.
- This research report helps the domestic and international players looking for potential segment in the recruitment market.
- Present report may help temporary and permanent placement agencies to look for new prospects and formulate strategies.
Products
Products
Recruitment, Hiring, Career, Employment
Companies
Adecco, Hays Plc, Manpower, Michael Page
Table of Contents
Table of Contents
1. Industry Snapshot
1.1 Industry Definition
1.2 SIC Classification
2. UK Recruitment Market Demand
2.1 Market Size and Performance
2.2 Market Segmentation
2.3 Demand by Functional Areas
2.4 Future Outlook
3. Regulatory Structure
4. Recruitment Industry Trends and Developments
4.1 Emerging Opportunities in Green Jobs
4.2 Demand for Permanent VS Temporary Staff
4.3 Rising Job Opportunities Boosts Salaries
4.4 IT Industry Calling permanent staff
4.5 Recruitment Trends in Hospitality Industry
4.6 Role of IT Sector in Recruitment Demand
4.7 Workforce Demand and Employment by Industry
5. Driving Forces
5.1 Role of Private Employment Agencies
5.2 GDP growth makes the market lucrative for new entrants
5.3 Permanent placement " an important revenue source
5.4 Growth opportunities in Continent Europe
6. Competitor Assessment
6.1 Competitive Scenario
6.2 Players Profiling
6.2.1 Adecco
6.2.2 Hays Plc
6.2.3 Manpower
6.2.4 Michael Page
List of Figure
Figure 1: UK Recruitment Industry Revenues (2002-2010)
Figure 2 : UK Recruitment Market Growth in % (2000-2010)
Figure 3: UK Recruitment Market by Segment (2002-2010)
Figure 4: Recruitment Demand by Functional Areas in UK (2010)
Figure 5: UK Recruitment Industry Forecast (2010-2013E)
Figure 6: IT Vacancies Demand by Skills (June 2008)
Figure 7: IT Vacancies Demand by Skills (June 2009)
Figure 8: Workforce Jobs by Industry " Sep 2010
Figure 9: UK GDP Growth VS Staffing Growth (2002-2009)
Figure 10: Adecco Revenues for Six Months Ended June 30,2010 and June 30, 2009
Figure 11: Hays UK and Ireland Net Fees and Operating Profit (2009 & 2010)
Figure 12: Manpower Inc Revenues and Gross Profit (2007-2009)
Figure 13: Michel Page revenues and Gross Profit (2005-2009)
List of Table
Table 1: UK Job Vacancy Statistics by Size of Business (2001-2010)
Table 2: UK Job Vacancy Data by Sector (Monthly data for 2007)
Table 3: Public and Private Sector Employment (Sep 08-Sep 10 quarterly data)
Table 4: Top Staffing & Outsourcing Services Companies by Market Cap
Table 5: Adecco Revenue Comparison 2008 & 2009
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