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Archive for the ‘Recruitment’ Category
Global Recruitment Market: Highly Fragmented Market Creates Opportunities
Posted by aarkstore on March 30, 2009
The global market for recruitment services is still relatively fragmented with leading 4-5 players in the industry captures around 30% of the overall market. The two major segments of the recruitment industry, in terms of their sales contribution to the overall industry, are temporary and contract and search and Placement firms.
Because of the highly fragmented market situation, there are ample opportunities for players to gain market share in the domestic or other international regions.
The report covers the global recruitment market in detail – its size, growth rate, market share, opportunities etc. All major regional markets (USA, Canada, UK, Germany, France and India) have been covered separately in the report.
The report profiles three of the major industry players, including their business description and key business strategies.
To know more about this report, please visit the below link :
http://www.aarkstore.com/reports/Global-Recruitment-Market-Highly-Fragmented-Market-Creates-Opportunities-706.htmlor email us for any queries at press@aarkstore.com
Posted in Recruitment | Tagged: Creates, Fragmented, Global, Highly, Market, Opportunities, Recruitment | Leave a Comment »
Global Recruitment Market Report: 2009 Edition
Posted by aarkstore on March 24, 2009
The deteriorating global economic environment would significantly impact the recruitment market in 2009. Even in countries expecting GDP growth in 2009, the impact of the financial slowdown is restricting recruitment. A key challenge for staffing firms is dealing with the growing number of job applicants. In the US, temporary employment declined by 76,000 jobs in January 2009, the 24th monthly reduction in temporary jobs over the last 25 months. The decline of 22.7% on a year-over-year basis was the largest decline since 1990. In Canada, employment fell by 129,000 in January 2009, driving the unemployment rate up to 7.2%. UK GDP growth is forecast to decline by 1.3% in 2009. In France too, the macro-economic environment is weakening faster than what was expected. The publicly traded staffing companies have seen their share prices fall drastically. Analysts have downgraded the forecast earnings for these companies. Global staffing companies feel they are in a better position than smaller companies to manage the current crisis. Smaller staffing agencies are more vulnerable to an economic recession because they depend on high margins to ensure profitability. However, recruitment agencies remain optimistic. They are adopting techniques to manage the crisis. They are training consultants and targeting new businesses. They are also evaluating their business models and focusing on cost cutting measures. Staffing companies are trying to achieve their targets with a smaller client base. Recruiters with better geographical as well as sector diversification are in a better position to handle the financial downturn. Recruitment companies are strengthening their position in emerging markets such as Eastern Europe, India, Latin America and Asia. The focus on these markets is becoming an integral part of their long-term strategy. The increasing penetration of temporary staffing is creating potential opportunities for staffing companies in these emerging economies. Most recruitment agencies believe that there would be a clear picture of industry outlook after the first quarter of 2009. The report analyzes the global recruitment market, with focus on US, Canada, Germany, UK, France, China and India. It analyzes the regional market size, key trends and market forecast. Apart from providing a competitive landscape of the market, the report also profiles the major staffing companies, with a discussion of their key business strategies and significant developments.
To know more about this report, please visit the below link : http://www.aarkstore.com/reports/Global-Recruitment-Market-Report-2009-Edition-12373.htmlor email us for any queries at press@aarkstore.com
Posted in Recruitment | Tagged: Edition, Global, Market, Recruitment, Report | Leave a Comment »
