2017 employee headcount continues
The latest information from the RIB Index, sponsored by Bluestones Group, shows that the median industry recruiter increased headcount from January 2017 onwards – the first time that numbers had been up year-on-year since June 2016.
Over the same period (January-May 2017), around 6% more employees delivered the median RIB recruiter an 11% year-on-year increase in the number of clients billed, similarly driving turnover up 11%. Crucially, however, the average monthly NDR/GP yield from this increase in activity was just 1.2% higher than in the same period in 2016.
As market uncertainty is set fair to continue, the importance of benchmarking performance against other recruiters to maximise performance cannot be underestimated.
Belinda Johnson runs employment research consultancy Worklab, and is associate knowledge & insight director of Recruitment Industry Benchmarking (RIB) – part of the Bluestones Group. The RIB Index provides bespoke confidential reports on industry benchmarks and trends. See www.ribindex.com; [email protected]: 020 8544 9807. The RIB is a strategic partner of the REC.
