Staffing agencies are increasingly using technology to effectively
recruit and manage candidates, by offering features such as passive activity
tracking, integration with email platforms and maintains candidate databases.
This reduces recruitment time, improves placement quality, and strengthens
relationship with clients. Recruitment analytics software also provides helpful
business insights for staffing agencies. For example, in North America,
64% of firms use technologies such as an applicant tracking system (ATS) to
track candidate activity and about 60% firms use a customer relationship
management (CRM) system for business development.
The employment
services industry provides a variety of human resources services to businesses,
which include providing temporary workers to other businesses, helping
employers locate suitable employees, and providing human resources services to
clients.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL EMPLOYMENT
SERVICES MARKET AT $788 BILLION IN 2017
North America was the largest geographic region in the employment
services market in 2017, accounting for more than one-third of the global
market. The USA was the largest country accounting for more than one-fourth of
the global employment services market.
Read
report: https://www.thebusinessresearchcompany.com/report/employment-services-global-market-report-2018
The chart below shows the year-on-year growth of the global employment
services market during 2017 – 2021
According to The Business Research Company’s Consultant, Oliver
Guirdham, proliferation of data and the sophistication
of analytical tools has enabled service companies to add to their offering.
Descriptive and predictive analytics have become critical for many service
companies as they generate actionable data insights. Descriptive analytics for
simple reporting or to detect non-compliance after transactions were completed.
Predictive analytics can increase understanding of the relative effectiveness
of different programs so that resources can be smartly targeted for better
result.
Sample
report:
Adecco was
the biggest player in the employment services market, with revenues of $24.4
billion (22 billion Euros) in 2016. Adecco is teaming up with companies in the
technology sector, with both niche start-ups and large multinational
corporations. Through these partnerships the company looks to establish
commercial relationships, direct investments, joint ventures or even
acquisitions.
The
employment services market is segmented into Employment Placement Agencies;
Executive Search Services; Temporary Help Services; Professional Employer Organizations.
The Employment Services Global Market Report 2018 is a
detailed report giving a unique insight into this market. The report is priced
at $4000 for an individual user. To use across your office, the price is $6000
and $8000 if you wish to use across a multinational company.
About The Business
Research Company
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research. It
has research professionals at its offices in the UK, India and the US as well a
network of trained researchers globally. It has specialist consultants in a
wide range of industries including manufacturing, healthcare, chemicals and
technology.
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Information.
The Business Research Company
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Email: info@tbrc.info
