Interested in finding out how the performance of your recruitment agency compares to that of your competitors? Check out the Bullhorn 2015 UK Recruitment Trends Report. It’s a totally free report based on data from 217 UK recruitment agency professionals.
Some of the key findings include:
· 36 percent of agencies plan to expand into new offices representing a ten percent increase on last year.
· Industry-wide the fill rate fell from 52 percent in 2013 to 46 percent in 2014, however the hit rate increased from 39 percent in 2013 to 40 percent in 2014.
· Manufacturing and industrial had the first and second-best fill and hit rates among industries, respectively.
· 80 percent of respondents indicated a skills shortage in the industries for which they recruited in 2014.
· The top sources of qualified candidates in 2014 remained unchanged from 2013: existing candidates from recruitment CRMs and social media.
· 84 percent of agencies generate 50 percent or more of their revenue from repeat client business.
· 86 percent of respondents expect an increase in their remuneration in 2015, a three percent increase from last year.
Now in its fifth year, the Bullhorn 2015 UK Trends Report also draws comparisons to recruitment performance in the United States – just visit the Bullhorn site to download the report for free.
