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Global Recruitment Market Report
-----------------------------------------
2016
View Report Details
Executive Summary
 Recruitment is the process of attracting, screening, and selecting a qualified person (from within or outside of an organization) for a job opening.
The global recruitment/staffing industry comprises of recruitment or employment agencies providing for services of recruiting staff/employees for
various business enterprises in different sectors. Such companies hire these employment agencies to recruit personnel to carry out their
business operations. The recruitment market can be segmented into temporary and permanent staffing markets on the basis of job duration.
 The temporary staffing market is cyclical in nature and establishes high correlation with the global GDP. Permanent staffing market also
maintains a positive relation with economic conditions. Both permanent and temporary staffing markets have a positive relation with the
deregulation of labor market. The staffing market varies considerably from one country to another with the U.S., Japan and the UK showing the
highest degree of fragmentation. North America represented the single largest market measured in terms of revenues followed by Japan, the
UK, France and Germany.
 The EU region continues to struggle with its economic revival, especially France, Spain, Greece, among others. Income growth has also come
under pressure from rising unemployment, putting downward pressure on real wages in many advanced economies. With the economic revival
in the coming years, sources of new employment opportunities can be expected; however, the continuing challenge in overcoming the problem
of skill gap in both advanced and emerging economies will continue to affect the revenue growth of the staffing industry.
 Most of the mergers and acquisitions that took place in the IT & Healthcare segment and involved middle sized staffing firms as they proved to
be attractive acquisition targets, offering geographic coverage and differentiated services. The staffing industry acquisition activities remain
primarily driven by privately held strategic buyers, as the larger and better known public staffing companies’ account for only a limited number of
transactions each year. People are increasingly using social media to network and identify employment opportunities.
 Moreover, the global recruitment market is fiercely competitive and highly fragmented with numerous players vying for market share. However,
consolidation in the staffing industry is ongoing, particularly in the fragmented markets and is prompted by several factors. Adecco Group is the
largest company operating in this industry, followed by Randstad and Manpower. The present report profiles these four companies along with a
discussion of their respective business strategies.
 The report provides a comprehensive overview of the global staffing industry along with the coverage of major regional markets like North
America (the U.S. and Canada), Europe (France, Germany, Italy, the UK,), and Asia Pacific (Australia and Japan), discussing the market size,
segmentation, and employment/unemployment rates.
 By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the
industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to
determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor
variables and the dependent variable was analyzed using standard SPSS output, including charts, tables, and tests.
View Report Details
The growth of recruitment industry is driven by several cyclical and structural factors. This industry is structurally growing driven by
deregulation of labor markets, desire of companies to become more flexible, technological changes and socio-demographic changes
such as a widening skill gap...
 The recruitment market represents one of the world’s fastest-
growing industries with a global value of about US$.. billion
(EUR.. billion) in the year 2014, increasing from US$.. billion
(EUR.. billion) in the previous year.
 Regionally, the U.S. region headed the global recruitment market
with ..% share of the overall industry revenues followed by Japan
with a ..% share of the global market.
 The global market for temporary recruitment reached US$..
billion in the year 2014, increasing from US$... billion recording
an annual growth of ..%.
 The general recruitment market represented nearly ..% share of
the global market followed by professional market that held
remaining …% share for year 2014.
Global Recruitment Market by Regions (2014)
Global Recruitment Market by Value (2009-2014)
Global Temporary Recruitment Market by Value (2009-2014)
2009 2010 2011 2012 2013 2014
Billion
Euros US$
The U.S. Japan UK France Germany Rest of Europe Rest of World
2009 2010 2011 2012 2013 2014
Billion
Euros US$
The staffing market of the U.S. is expected to remain strong for the next several years, supported by better economic
conditions, falling unemployment and improved business sentiments…
 The U.S. staffing market was estimated to have reached US$...
billion in the year 2015, recording an annual growth of ..% from
previous fiscal’s revenues of US$... billion.
 The market for temporary staffing in the U.S. was estimated to have
reached US$... billion in the year 2015, increasing from US$... billion
in the previous fiscal year recording growth of ..%.
 Nearly …% share of the overall U.S. temporary recruitment market
was held by the Industrial staffing followed by Information
Technology with …% share.
 In 2014, staffing employees’ turnover reached ..%, increasing from
..% in the previous fiscal year. The tenure of temporary and contract
employees declined to …weeks reflecting an increase in the
turnover for the given year.
The U.S. Temporary Staffing Market by Value
The U.S. Recruitment Market by Value (2005- 2015E)
The U.S. Temporary Staffing Market by Segments (2015E)
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015E
US$Billion
Industrial Information Technology Clerical
Healthcare Engineering/Design Finance/Accounting
Legal Other
2010 2011 2012 2013 2014 2015E
US$Billion
Reveneu Annual Growth
With continued deregulation of labor market, the use of temporary staffing is further expected to rise, hence leading to rise
in penetration rates surpassing the previous peak levels…
 The temporary workforce is expected to have reached … thousand
in the year 2015, increasing from …thousand in the previous year.
The growth rate however remained low at .% compared to previous
year’s ..% growth rate.
 The U.K. recruitment market was estimated to have reached US$..
billion (GBP… billion) in the year 2015, increasing from US$ .. billion
(… billion).
 The temporary and permanent staffing market of the U.K. was
estimated to have reached US$.. billion and US$.. billion
respectively by the end of financial year 2014-15.
 The overall French recruitment market stagnated at US$.. billion in
the year 2014 with an expectation of declining to US$.. billion by the
end of year 2016.
The U.K. Recruitment Market (2009/10-2014/15)
The Temporary Workforce of Canada (2010-2015)
The U.K. Recruitment Market by Segments (2009/10-2014/15)
2010 2011 2012 2013 2014 2015
ThousandWorkers
Temporary Staffing Annual Growth
US$Billion
US$Billion
Temporary/Contract Permanent
Koncept Analytics
CS-36, Second Floor, Ansal Plaza
Vaishali, Ghaziabad,
U.P. – 201010
T. +91-120-4130959
C: +91-9811715635
vikas@konceptanalytics.com
Contact Us:
www.konceptanalytics.com
Vikas Gupta
BD Manager
These are abridged and sanitized sample pages from the comprehensive report on the “ Global Recruitment Market ” . To
know more about this report or for any customized research requirement, please contact the following:
View Report Details

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Global Recruitment Market Report: 2016 Edition - New Report by Koncept Analytics

  • 1. Global Recruitment Market Report ----------------------------------------- 2016 View Report Details
  • 2. Executive Summary  Recruitment is the process of attracting, screening, and selecting a qualified person (from within or outside of an organization) for a job opening. The global recruitment/staffing industry comprises of recruitment or employment agencies providing for services of recruiting staff/employees for various business enterprises in different sectors. Such companies hire these employment agencies to recruit personnel to carry out their business operations. The recruitment market can be segmented into temporary and permanent staffing markets on the basis of job duration.  The temporary staffing market is cyclical in nature and establishes high correlation with the global GDP. Permanent staffing market also maintains a positive relation with economic conditions. Both permanent and temporary staffing markets have a positive relation with the deregulation of labor market. The staffing market varies considerably from one country to another with the U.S., Japan and the UK showing the highest degree of fragmentation. North America represented the single largest market measured in terms of revenues followed by Japan, the UK, France and Germany.  The EU region continues to struggle with its economic revival, especially France, Spain, Greece, among others. Income growth has also come under pressure from rising unemployment, putting downward pressure on real wages in many advanced economies. With the economic revival in the coming years, sources of new employment opportunities can be expected; however, the continuing challenge in overcoming the problem of skill gap in both advanced and emerging economies will continue to affect the revenue growth of the staffing industry.  Most of the mergers and acquisitions that took place in the IT & Healthcare segment and involved middle sized staffing firms as they proved to be attractive acquisition targets, offering geographic coverage and differentiated services. The staffing industry acquisition activities remain primarily driven by privately held strategic buyers, as the larger and better known public staffing companies’ account for only a limited number of transactions each year. People are increasingly using social media to network and identify employment opportunities.  Moreover, the global recruitment market is fiercely competitive and highly fragmented with numerous players vying for market share. However, consolidation in the staffing industry is ongoing, particularly in the fragmented markets and is prompted by several factors. Adecco Group is the largest company operating in this industry, followed by Randstad and Manpower. The present report profiles these four companies along with a discussion of their respective business strategies.  The report provides a comprehensive overview of the global staffing industry along with the coverage of major regional markets like North America (the U.S. and Canada), Europe (France, Germany, Italy, the UK,), and Asia Pacific (Australia and Japan), discussing the market size, segmentation, and employment/unemployment rates.  By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables, and tests. View Report Details
  • 3. The growth of recruitment industry is driven by several cyclical and structural factors. This industry is structurally growing driven by deregulation of labor markets, desire of companies to become more flexible, technological changes and socio-demographic changes such as a widening skill gap...  The recruitment market represents one of the world’s fastest- growing industries with a global value of about US$.. billion (EUR.. billion) in the year 2014, increasing from US$.. billion (EUR.. billion) in the previous year.  Regionally, the U.S. region headed the global recruitment market with ..% share of the overall industry revenues followed by Japan with a ..% share of the global market.  The global market for temporary recruitment reached US$.. billion in the year 2014, increasing from US$... billion recording an annual growth of ..%.  The general recruitment market represented nearly ..% share of the global market followed by professional market that held remaining …% share for year 2014. Global Recruitment Market by Regions (2014) Global Recruitment Market by Value (2009-2014) Global Temporary Recruitment Market by Value (2009-2014) 2009 2010 2011 2012 2013 2014 Billion Euros US$ The U.S. Japan UK France Germany Rest of Europe Rest of World 2009 2010 2011 2012 2013 2014 Billion Euros US$
  • 4. The staffing market of the U.S. is expected to remain strong for the next several years, supported by better economic conditions, falling unemployment and improved business sentiments…  The U.S. staffing market was estimated to have reached US$... billion in the year 2015, recording an annual growth of ..% from previous fiscal’s revenues of US$... billion.  The market for temporary staffing in the U.S. was estimated to have reached US$... billion in the year 2015, increasing from US$... billion in the previous fiscal year recording growth of ..%.  Nearly …% share of the overall U.S. temporary recruitment market was held by the Industrial staffing followed by Information Technology with …% share.  In 2014, staffing employees’ turnover reached ..%, increasing from ..% in the previous fiscal year. The tenure of temporary and contract employees declined to …weeks reflecting an increase in the turnover for the given year. The U.S. Temporary Staffing Market by Value The U.S. Recruitment Market by Value (2005- 2015E) The U.S. Temporary Staffing Market by Segments (2015E) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015E US$Billion Industrial Information Technology Clerical Healthcare Engineering/Design Finance/Accounting Legal Other 2010 2011 2012 2013 2014 2015E US$Billion Reveneu Annual Growth
  • 5. With continued deregulation of labor market, the use of temporary staffing is further expected to rise, hence leading to rise in penetration rates surpassing the previous peak levels…  The temporary workforce is expected to have reached … thousand in the year 2015, increasing from …thousand in the previous year. The growth rate however remained low at .% compared to previous year’s ..% growth rate.  The U.K. recruitment market was estimated to have reached US$.. billion (GBP… billion) in the year 2015, increasing from US$ .. billion (… billion).  The temporary and permanent staffing market of the U.K. was estimated to have reached US$.. billion and US$.. billion respectively by the end of financial year 2014-15.  The overall French recruitment market stagnated at US$.. billion in the year 2014 with an expectation of declining to US$.. billion by the end of year 2016. The U.K. Recruitment Market (2009/10-2014/15) The Temporary Workforce of Canada (2010-2015) The U.K. Recruitment Market by Segments (2009/10-2014/15) 2010 2011 2012 2013 2014 2015 ThousandWorkers Temporary Staffing Annual Growth US$Billion US$Billion Temporary/Contract Permanent
  • 6. Koncept Analytics CS-36, Second Floor, Ansal Plaza Vaishali, Ghaziabad, U.P. – 201010 T. +91-120-4130959 C: +91-9811715635 vikas@konceptanalytics.com Contact Us: www.konceptanalytics.com Vikas Gupta BD Manager These are abridged and sanitized sample pages from the comprehensive report on the “ Global Recruitment Market ” . To know more about this report or for any customized research requirement, please contact the following: View Report Details