Recruitment industry turnover up by 11%, finds REC

The UK recruitment industry shrugged off the country’s volatile political and economic climate with industry turnover rising by 11% to hit £35.7bn, according to the Recruitment and Employment Confederation's (REC) Recruitment Industry Trends report for 2017/18.

The industry’s strong performance came against a backdrop of ongoing Brexit negotiations and a related slowdown in candidate supply from the EU, IR35 public sector off-payroll reforms, the introduction of the GDPR, and continuing fears about the health of the economy. 

The robust health seen in the industry was driven by a 14% surge in permanent placements to £4....

To continue reading this article you need to be registered with Recruiter . Registration is FREE and only takes minutes. Register here or sign in below if you already have an account.

Already registered? Login

Don't have an account?

Register for FREE today to access all premium online content and select your email preference.

We're here to help

If you have queries about accessing premium content, contact a Recruiter sidekick at mysidekick@recruiter.co.uk for more information or call +44 (0) 208 950 9117.

Permanent placement numbers drop for first time since mid-2016

Permanent placement numbers have dropped for the first time since just after the UK’s Brexit vote, according to findings from the latest KPMG and Recruitment & Employment Confederation UK Report on Jobs.

8 February 2019

Brexit is opportunity to ‘embed’ with clients, says REC

Brexit can be an opportunity for recruiters to “really embed” themselves as “trusted workforce advisers with their clients”, says the CEO of the REC.

11 January 2019

CONTRACTS & DEALS: 22-26 OCTOBER 2018

This week’s contracts and deals include: Acton Banks, First Recruitment Group, JSA, Red Berry Recruitment, Talascend

Contracts 23 October 2018

Half of employers worry whether candidate supply is sufficient

Half of UK employers harbour concerns over the sufficient availability of permanent candidates despite improved confidence in the UK economy this month.

20 June 2018
Top