Although recent headlines that record numbers of people are in employment may give the impression that the UK recruitment sector is riding high, there is a danger in accepting analysis born out of conventional wisdom. Impressions can be deceiving and the experiences of some are not always what the headlines suggest.
The Sector Insights 2017 series of market intelligence from BDO includes a briefing on Mergers and Acquisitions in the recruitment sector. The report highlights a number of trends which suggest that competitive pressure in the UK recruitment sector is likely to increase markedly.
The prospect of a market contraction driven by Brexit, and the influx of capital from overseas investment are just two factors which indicate that competition is likely to stiffen. As a result, some recruitment businesses may experience downward pressure on the bottom line.
As the operating environment becomes tougher, differentiation and a highly developed USP become important factors which influence whether an agency is a winner or a loser.
Our new guide, ‘3 ways to boost the profitability of your recruitment agency’ discusses some value-added services which help to pull up on the bottom line.
The guide is another example of how we help recruitment businesses to thrive and prosper.
ETZ software joins up the dots of the recruitment back office. ETZ transforms the efficiency of the background processes which make an agency tick, eliminating wasteful manual processes. With ETZ, your recruitment firm integrates existing back office technologies, rationalising and optimising business processes.
To find out more about how we help maximise efficiency and improve profitability, simply sign up for our demo.
Click here to download the free ETZ guide ‘3 ways to boost the profitability of your recruitment agency’.
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