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Employment Agencies

Product Type: Market Research Report
Published by: Key Note Publications Ltd
Published: August 1999
Product Code: R310-691
Description
Key Note defines the employment agency industry as businesses that are recognisably operating as employment agencies, nursing and medical agencies, nannies' agencies and other personnel consultants. According to the industry association, the Federation of Recruitment and Employment Services (FRES), the employment agency industry achieved sales of £16bn in 1998, of which 92.8% came from temporary (temp) business and 7.2% from permanent recruitment. This compares with £14.1bn for 1997. The industry has enjoyed a considerable increase in turnover since the mid-1990s. As a result, a large number of new businesses have been attracted into it, which has created a competitive sector.

Large multinationals and other major groups dominate the market and are continuing to grow organically and by acquisition. Nevertheless, small, even single-office businesses can achieve healthy results because clients buy on the individual service that they receive rather than the size of the agency. Employment regulation affecting agencies has been lenient in the past, but during the 1990s it has become far stricter. As a result, agencies will be hard-pressed to keep up, and face ruinous penalties for 'inadvertant' breaches of new legislation. Legislation permitting, there is ample room for the industry to grow long term. In the short term, growth is likely to be slower than in recent years. After growth averaging 28.4% per annum in the period from 1996 to 1998, it seems likely that 1999 will increase by 5% year-on-year to £16.8bn, and market value is expected fall to £16.5bn in 2002.

Table of Contents
Executive Summary


Market Definition

  • Definition
  • Market Sectors
  • Recruitment Sectors
  • Market Trends


Market Size

  • The Total Market
  • Table 1: Estimated Number Of Employment Agency Businesses And Branches And Their Turnover In The Uk (Number And £Bn), 1990-1999
  • Table 2: Number Of Vat-Based Enterprises In The Uk Offering Labour Recruitment And Provision Of Personnel By Turnover Size (£000), 1998


Industry Background

  • Recent History
  • Industry Fragmentation
  • Employment
  • Trade Associations
  • Table 3: Employment Agencies - Selected Main Acquisitions, January To June 1999


Competitor Analysis

  • The Marketplace
  • Foreign Ownership
  • Advertising And Promotion
  • Table 4: Selected Leading Uk Employment Agencies By Turnover (£M), 1996, 1997 And 1998
  • Table 5: The Top 20 Employment Agencies By Turnover (£M), 1998
  • Table 6: Selected Uk Employment Agencies With Overseas Parent Companies, 1999


Strengths, Weaknesses, Opportunities And Threats (Swot)

  • Strengths
  • Weaknesses
  • Opportunities
  • Threats


Buying Behaviour

  • Client Loyalty
  • Job Seekers
  • Curriculum Vitae And Interviews
  • Employer Opinion


Outside Suppliers To The Industry

  • Recruitment-To-Recruitment Agencies
  • Information Technology
  • Debt Recovery Services
  • Factoring
  • Trade Magazines


Current Issues

  • Legislation And Regulation
  • Table 7: New Legislation Affecting Employment Agencies, 1998-2000


Forecasts

  • Legislation
  • Market Trends
  • Forecasts For 1999 To 2002
  • Table 8: Forecast Employment Agency Market By Value (£Bn), 1999-2002
  • Table 9: Worldwide Temporary Employment Market By Value ($Bn), 1988-1998


Company Profiles

  • Introduction
  • Definitions
  • Further Information


Further Sources

  • Associations
  • Periodicals
  • Directories
  • General Sources
  • Hoppenstedt Bonnier Information Sources
  • Government Publications
  • Other Sources


Ordering and More Information
Price and Delivery Options


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