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

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Global Recruitment Market Report
----------------------------------------- 2016
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• 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.

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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...
Global Recruitment Market by Value (2009-2014)

• The recruitment market represents one of the
  worlds 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 Temporary Recruitment Market by Value
(2009-2014)
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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. Recruitment Market by Value (2005-
2015E)

• The U.S. staffing market was estimated to have
  reached US... billion in the year 2015,
  recording an annual growth of .. from previous
  fiscals 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. Temporary Staffing Market by Segments
(2015E)
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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 of Canada (2010-2015)

• 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 years .. 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 U.K. Recruitment Market by Segments
(2009/10-2014/15)
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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
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com