Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Global Recruitment Market Report: 2013 Edition

Global recruitment market led by North American region


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-03-21 18:16:03 - Global Recruitment Market Report: 2013 Edition - a new market research report on companiesandmarkets.com

The recruitment market varies considerably from one country to another with the US, Japan and the UK showing the highest degree of fragmentation. The recruitment market can be segmented into general and professional staffing markets. General staffing that includes low skilled, low wage blue collar employees has a larger share as compared to professional staffing that includes higher skilled, higher wages white collar employees. North America represented the single largest market measured in terms of revenues in 2012 followed by Japan, the UK, France and Germany.

The trend of consolidation in staffing industry is increasing especially in fragmented markets due to several factors. Labor force participation has fallen dramatically worldwide especially in the EU region and this trend is expected to

 

 

increase further on account of long-term unemployment and weak economic outlook. Income growth has also come under pressure from rising unemployment, putting downward pressure on real wages in many advanced economies. Overall sources of new employment opportunities will remain limited and diverse, adding complexity in labor market of advanced economies. The current situation of high uncertainty makes firms reluctant to open vacancies or to hire workers.

Most of the mergers and acquisitions that took place in 2012 involved middle sized staffing firms as they proved to be attractive acquisition targets, offering geographic coverage and differentiated services. People are increasingly using social media to network and identify employment opportunities. The trend of RPOs (recruitment process outsourcing) is becoming more popular as more and more medium and large-sized organizations are outsourcing their recruitment process right from the entry level jobs to high level jobs. Deregulation in temporary agency work in countries like Japan, Netherlands, Germany and Spain for equal pay has brought positive changes in overall recruitment market.

Moreover, the global recruitment market is fiercely competitive and highly fragmented with numerous players vying for market share. The leading four companies account for about one-fifth of the total revenues of the industry. Adecco Group is the largest company operating in this industry, followed by Randstad and Manpower. The present report profiles these four companies along with a discussion of their respective business strategies.

Click for report details: www.companiesandmarkets.com/Market/Business-Services/Market-Rese ..

Browse all Business Services Market Research Reports www.companiesandmarkets.com/Market/Business-Services/Market-Rese ..

Browse all Business Services Company Profile Reports www.companiesandmarkets.com/Market/Business-Services/Company-Pro ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com