European recruiters show revenue growth, Eurociett research reveals

New research by Eurociett, the European Confederation of Private Employment Services, has revealed sales revenue growth for European recruitment agencies across all but one of the countries in which data was collected.
Thu, 9 Jun 2016

New research by Eurociett, the European Confederation of Private Employment Services, has revealed sales revenue growth for European recruitment agencies across all but one of the countries in which data was collected.

According to the May 2016 Agency Business Indicator, year-on-year turnover agency revenue rose in seven of the eight markets covered, with the exception of Norway, which once again witnessed a fall in year-on-year turnover agency revenue. It fell by 5%, compared with 13% in April. Revenues were greatest in Finland and Netherlands, with turnover up by 17.3% and 13%, respectively.

Based on data from Eurociett members in 10 countries, but excluding the UK, for which no such data is available, the number of hours worked by agency workers rose by an average of 2.5% year-on-year.

Two countries – Norway (-6.2%) and Germany (-4.3%) – were below the average, while Poland saw the growth in hours worked by agency workers increase by 15.9%, more than any of the countries where data was collected.

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