SEARCH   
MEMBER LOGIN      
Forgot Password?

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 | Mar 2017

Steady work: Despite economic uncertainty, revenue is projected to remain relatively stable

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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£37bn
Annual Growth 12-17
1.2%
Annual Growth 17-22
Purchase to read more
Profit
Purchase to read more
Employment
718,944
Businesses
10,026
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. According to the Recruitment & Employment Confederation, 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 1.2% over the five years through 2016-17... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Temporary-Employment Placement Agencies industry is highly fragmented. Most operators are small or medium-size enterprises. It was estimated that in 2016, 56.5% of industry enterprises employed fewer than five people. Despite the existence of some large global players, their combined share of industry revenue is still small. The top four players are estimated to account for only 6.8% of total industry revenue in 2016-17.

The industry's relatively low barriers to entry and level of regulation have made the industry fragmented. However, companies in the health-care market face a far higher degree of both direct and indirect regulation because of government requirements about the quality of patient care. Som.. 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


View Sample
Quote
Select Clients