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Temporary-Employment Placement Agencies in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Temporary-Employment Placement Agencies Market Research Report | SIC N78.200 | Oct 2016

A hard place: Current-year growth is expected to be limited due to low business confidence

IBISWorld’s Temporary-Employment Placement Agencies market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Adecco Adecco market share
Industry Statistics & Market Size
Revenue
£34bn
Annual Growth 12-17
3.4%
Annual Growth 17-22
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Profit
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Employment
702,665
Businesses
10,572
Industry Analysis & Industry Trends

Temporary-employment placement agencies supply workers to replace or supplement a client's existing labour force on a short-term basis. Industry operators serve clients across a broad range of industries. The industry is heavily affected by economic conditions because, during a downturn, companies tend to prefer to preserve the jobs of permanent employees, while temporary employees are often let go. However, temporary workers are often the first to be hired as economic conditions recover. There are approximately 1.7 million temporary workers in the United Kingdom, representing over 5% of the total work force.

Industry revenue is estimated to rise at a compound annual rate of 3.4% over the five years through 2016-17... purchase to read more

Industry Report - Industry Products Chapter

Temporary-employment placement agencies fulfil an important role by providing employers with flexible access to workers with particular skills when required. The industry helps employers to overcome issues associated with over- or understaffing. Many operators offer a range of human resources services to maximise their income in fluctuating market conditions. Other services include reference and qualification checks on candidates, psychological assessment and testing, staff counselling and outplacement services.

Fixed-term temporary workers

The majority of revenue comes from fixed-term appointments lasting for less than one year, but more normally for between a few weeks and six months. An estimated 42% of temporary workers are on fixed-term contracts. Emp.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Temporary-Employment Placement Agencies Industry?

Businesses in this industry provide their clients with workers to temporarily replace or supplement their existing labour force. The individuals are employed by the agency but supervised by the client at the worksite. The industry excludes employees outsourced on a long-term basis, who are classified in other industries according to the activity they perform.

Industry Products
Fixed-term temporary workersCasual workersAgency workersSeasonal workers
 
Industry Activities
Recruiting staff for temporary positionsReferring selected candidates to potential employersFormulating job descriptionsScreening and testing applicantsSupplying temporary workers


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