Ciett: Global recruitment industry sees 8.6% annual growth

The global employment and recruitment industry saw annual growth of 8.6% with sales revenues of €450bn (£348.5bn) in the last year, according to the international confederation of private employment services (Ciett’s) 2016 economic report.

Mon, 14 Mar 2016

The global employment and recruitment industry saw annual growth of 8.6% with sales revenues of €450bn (£348.5bn) in the last year, according to the international confederation of private employment services (Ciett’s) 2016 economic report.

The report, published today, also reveals agency work grew 12% year-on-year, representing 70% of the sector’s revenues. Permanent recruitment delivered 11% of revenues at €48bn, while recruitment process outsourcing (RPO) represents 6% of sales at €27bn, and other HR services brought in 13% of revenue.

While the sector is expanding, agency workers represent just 1.6% of the global working population. The highest share of agency workers in larger markets stands at 3-4%. 

Around 90% of global industry revenues come from the top 10 markets. China is the largest market followed by the US, UK, Germany, France, Japan, Brazil, Australia, Canada and the Netherlands.

Twitter Twitter

Candidates can relate to robot traits in leaders

Do the candidates on your database share character traits in common with some of the more high profile robots on TV and film such as C3PO or even the Terminator (see below)?

Lighter Side 15 November 2017

NEW TO THE MARKET: 13-17 NOVEMBER 2017

This week’s new product, offices and offerings include: CHOOZ, Geektastic, Gumtree, PMP Recruitment, RealRec, Thomas International

New to Market 14 November 2017

Recruiters need to rise to the AI challenge

Recruiters must prepare themselves for the rise and rise of artificial intelligence (AI) in recruitment.

New to Market 13 November 2017

CONTRACTS & DEALS: 13-17 NOVEMBER 2017

This week’s contracts and deals include: ASC Connections, Bullhorn, FCSA, First Call Contract Services, Heart 2 HeartStaff Solutions, Hiring Hub, Larsen Howie, NPAworldwide, NRG, Randstad Germany, Workday

Contracts 13 November 2017
Top