Recruitment is the process of attracting, screening, and
selecting a qualified person (from within or outside of an organization) for a
job opening. The global recruitment/staffing industry comprises of recruitment
or employment agencies providing for services of recruiting staff/employees for
various business enterprises in different sectors. Such companies hire these
employment agencies to recruit personnel to carry out their business
operations. The recruitment market can be segmented into temporary and permanent
staffing markets on the basis of job duration.
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The temporary staffing market is cyclical in nature and
establishes high correlation with the global GDP. Permanent staffing market
also maintains a positive relation with economic conditions. Both permanent and
temporary staffing markets have a positive relation with the deregulation of
labor market. The staffing market varies considerably from one country to
another with the U.S., Japan and the UK showing the highest degree of
fragmentation. North America represented the single largest market measured in
terms of revenues followed by Japan, the UK, France and Germany.The EU region
continues to struggle with its economic revival, especially France, Spain,
Greece, among others. Income growth has also come under pressure from rising
unemployment, putting downward pressure on real wages in many advanced
economies. With the economic revival in the coming years, sources of new
employment opportunities can be expected; however, the continuing challenge in
overcoming the problem of skill gap in both advanced and emerging economies
will continue to affect the revenue growth of the staffing industry.
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Most of the mergers and acquisitions that took place in the
IT & Healthcare segment and involved middle sized staffing firms as they
proved to be attractive acquisition targets, offering geographic coverage and
differentiated services. The staffing industry acquisition activities remain
primarily driven by privately held strategic buyers, as the larger and better
known public staffing companies’ account for only a limited number of
transactions each year. People are increasingly using social media to network
and identify employment opportunities.Moreover, the global recruitment market
is fiercely competitive and highly fragmented with numerous players vying for
market share. However, consolidation in the staffing industry is ongoing,
particularly in the fragmented markets and is prompted by several factors.
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.
The report provides a comprehensive overview of the global
staffing industry along with the coverage of major regional markets like North
America (the U.S. and Canada), Europe (France, Germany, Italy, the UK,), and
Asia Pacific (Australia and Japan), discussing the market size, segmentation,
and employment/unemployment rates.
By combining SPSS Inc.’s data integration and analysis
capabilities with our relevant findings, we have predicted the future growth of
the industry. We employed various significant variables that have an impact on
this industry and created regression models with SPSS Base to determine the future
direction of the industry. Before deploying the regression model, the
relationship between several independent or predictor variables and the
dependent variable was analyzed using standard SPSS output, including charts,
tables, and tests.
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Some points from TOC:
1. Market Overview
1.1 Recruitment
1.2 Types of Recruitment
1.3 Recruitment Strategies
1.4 Industry Definition
1.1 Recruitment
1.2 Types of Recruitment
1.3 Recruitment Strategies
1.4 Industry Definition
2. Global Recruitment Market
2.1 Global Recruitment Market by Value
2.2 Global Recruitment Market by Regions
2.3 Global Recruitment Market by Services
2.4 Global Recruitment Market by Employment Type
2.5 Global Temporary Recruitment Market by Value
2.6 Global Temporary Recruitment Market by Regions
2.1 Global Recruitment Market by Value
2.2 Global Recruitment Market by Regions
2.3 Global Recruitment Market by Services
2.4 Global Recruitment Market by Employment Type
2.5 Global Temporary Recruitment Market by Value
2.6 Global Temporary Recruitment Market by Regions
3. North American Recruitment Market
3.1 The U.S. Recruitment/Staffing Market by Value
3.2 The U.S. Staffing Market by Segments
3.3 The U.S. Temporary Staffing Market
3.1.1 The U.S. Temporary Staffing Market by Value
3.3.2 The U.S. Temporary & Contract Staffing Market by Volume
3.3.3 The U.S. Temporary Staffing Market by Segments
3.4 The U.S. Permanent Staffing Market
3.4.1 The U.S. Permanent Staffing Market by Value
3.4.2 The U.S. Permanent Staffing Market by Types
3.5 Canada
3.5.1 The Canadian Staffing Market by Value
3.5.2 The Canadian Staffing Market by Segments
3.5.3 The Canadian Temporary Staffing Market by Segments
3.1 The U.S. Recruitment/Staffing Market by Value
3.2 The U.S. Staffing Market by Segments
3.3 The U.S. Temporary Staffing Market
3.1.1 The U.S. Temporary Staffing Market by Value
3.3.2 The U.S. Temporary & Contract Staffing Market by Volume
3.3.3 The U.S. Temporary Staffing Market by Segments
3.4 The U.S. Permanent Staffing Market
3.4.1 The U.S. Permanent Staffing Market by Value
3.4.2 The U.S. Permanent Staffing Market by Types
3.5 Canada
3.5.1 The Canadian Staffing Market by Value
3.5.2 The Canadian Staffing Market by Segments
3.5.3 The Canadian Temporary Staffing Market by Segments
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