Well placed: Operators have recorded robust revenue growth as the economy has expanded

Operators in the Employment Placement Agencies industry list employment vacancies, refer applicants to jobs or directly place them in permanent employment. The industry began the past five-year period on a relatively low base, as the recession led to weak economic conditions and falling business confidence levels. However, revenue has rebounded from 2014-15, with the industry benefiting from high demand as the economy expanded. This led to strong revenue growth, with revenue estimated to rise at a compound annual rate of 7.4% over the five years through 2019-20 to reach £13.9 billion.Growth was strongest towards the beginning of the period, however, weaker business confidence since the 2016 EU referendum has negatively affected performance...read more.

Industry Statistics & Market Size
Revenue
£13.9bn
Annual Growth 15-20
7.4%
Forecast Growth 20-25
Profit
Employment
204,282
Businesses
13,282
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Revenue growth has been impressive, although uncertainty has dampened recent performance
  • Weaker business confidence since the EU referendum has negatively affected industry demand
  • Although the gig economy is expected to develop further, it does not directly affect most services
  • Industry Report - Industry Investment Chapter

    The Employment Placement Agencies industry has a very low level of capital intensity, with operators spending £66.12 on labour for every £1.00 spent on capital. The level of capital intensity is depressed even further when subcontracted labour costs are taken into consideration. The industry is heavily reliant on a skilled workforce to successfully identify, advise and place employees. Maintaining customer relationships, as well as client relationships, is key to industry success, thereby making the competency of staff paramount in differentiating employment agencies from each other. In an area such as London where the concentration of operators is very high, reputation is key in attracting new customers, emphasising the reliance operators have on their labour force and their skillset. Ope...purchase to read more.

    Additional Insights for the Employment Placement Agencies Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Employment Placement Agencies Industry are

  • Ability to pass on cost increases
  • Access to highly skilled workforce
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Business confidence index and National unemployment rate in the Employment Placement Agencies industry impact industry performance..

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    What's in this report

    What is the Employment Placement Agencies Industry?

    Agencies in this industry list employment vacancies, refer applicants to jobs or directly place them in permanent employment. The individuals referred or placed are not employees of the employment agency. The activities of online placement agencies are also included in the industry.

    Industry Products
  • General recruitment
  • Executive and managerial recruitment
  • Human resources strategy and consulting
  • Industry Activities
  • Listing employment vacancies
  • Referring applicants for permanent employment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Business confidence index
  • National unemployment rate
  • Labour productivity
  • Real government consumption expenditure
  • Total labour force

  • Current Performance
  • Hiring practise
  • EU-unemployment
  • External competition
  • Profit performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Short-term slowdown
  • Industry trends
  • Financial fright
  • Online operations
  • Table: Employment Placement Agencies Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Employment Placement Agencies Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Construction
  • Accommodation and Food Service Activities
  • Financial and Insurance Activities
  • Education

  • Key Selling Industries
  • Computer & Peripheral Equipment Wholesaling
  • Wholesale of Other Office Machinery & Equipment

  • Products & Services
  • General recruitment
  • Executive and managerial recruitment
  • Human resources strategy and consulting
  • Other
  • Chart: Employment Placement Agencies Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Other
  • Financial services sector
  • Public sector
  • Professional and scientific industries
  • IT and technology sector
  • Manufacturing industries
  • Chart: Major Market Segmentation for the Employment Placement Agencies Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesSubcontracted labourPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Employment Placement Agencies

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Employment Placement Agencies Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Employment Placement Agencies Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Employment Placement Agencies Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Business-To-Business
  • Transactions that take place from one business to another.
  • Human Resources
  • A business department that deals with hiring, administration and training employees.
  • Labour Productivity
  • A measure of the amount of goods and services made by one hour of labour.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Employment Placement Agencies market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Employment Placement Agencies:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Employment Placement Agencies market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Employment Placement Agencies, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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