Continued Steady Growth Forecast for the UK Recruitment Industry Between 2007 and 2011.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c51573) has announced the addition of Recruitment Agencies (Temporary & Contract) Market Report 2007 to their offering. This Market Report examines the market for temporary and contract recruitment in the UK. It covers organisations that recruit on behalf of clients for temporary positions, whether they call themselves recruitment consultancies, recruitment companies or employment agencies. The market is segmented into the following recruitment sectors: blue collar, computing/IT, construction, drivers, educational, financial/accountancy, hotel/catering, nursing and other medical, professional/managerial, secretarial/clerical, technical/engineering and other. In the year to March 2006, the market was worth [pounds sterling]21.56bn, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Recruitment & Employment Confederation A union of states in which each member state retains some independent control over internal and external affairs. Thus, for international purposes, there are separate states, not just one state. (REC), which represents a rise of 6.4% on the previous year. 2006 as a whole (i.e. January January: see month. to December), proved to be one of the industry's best years since 2000, with fast-growing demand evident in the second half of the year. Secretarial/clerical and blue-collar staff are the largest sectors, but the strongest sectors in 2006 were financial/accountancy, computing/IT and construction. The educational sector has also proved to be important, although the actual number of placements was not as high as it was in some sectors. The recruitment industry is a fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. one, supporting some very large firms and a vast number of small to medium-sized firms. The major companies include: Adecco Holdings (UK) Ltd, Allied Healthcare PLC, The Capita Group Capita (LSE: CPI) is a British company with its headquarters in London which specialises in business process outsourcing, having clients in central and local government, and in the private sector. In 2006 the company posted a profit before tax of £193. PLC, The Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. Group PLC, Hays PLC Hays plc (LSE: HAS) is a British company headquartered in the City of London. Since 2004 it has specialised solely in recruitment and human resources services, but before that date it was involved in various other sectors. It is listed on the London Stock Exchange. , Kelly Service (UK) Ltd, Manpower PLC, MPS Group International PLC, Nestor Healthcare Group PLC, Pertemps Recruitment Partnership Ltd, Spring Group PLC and Vedior NV. 2006 witnessed a considerable degree of corporate activity in the industry, including a significant number of acquisitions. Meanwhile, a noticeable feature within the industry has been the development of niche recruitment consultancies. Legal issues continue to be a cause for concern; yet again, there were some important court cases concerning the rights of temporary workers. A major development in 2006 was the publication by the REC of some original research into the structure of the industry and job satisfaction among agency temporary workers. The REC's commissioned research revealed that the industry and its temporary workers were far more complex than many people had realised. We forecast continued steady growth for the industry between 2007 and 2011, based on recent growth in the UK economy and the recruitment market. Continuing skills shortages and workers' increasing willingness to take on temporary or contract posts should encourage more rapid growth in this market than in the permanent recruitment market. Companies Mentioned: Adecco Holdings (UK) Ltd Allied Healthcare Group Ltd The Capita Group PLC Carlisle Group PLC The Corporate Services Group PLC Hays PLC Kelly Services Kelly Services, Inc. is a Fortune 500 company headquartered in Troy, Michigan, offering staffing solutions that include temporary staffing services, outsourcing, vendor on-site and full-time placement. Kelly operates in 30 countries and territories. (UK) Ltd Manpower PLC MPS Group International PLC Nestor Healthcare Group PLC Pertemps Recruitment Partnership Ltd Spring Group PLC Vedior NV For more information visit http://www.researchandmarkets.com/reports/c51573 |
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