A Record Number of Recruitment Agencies Open Their Doors
Whilst the UK economy remains robust with February’s employment levels hitting a new record of 74.1% the recruitment industry continues to flourish. This has led recruitment entrepreneurs to take a chance by opening new agencies to capitalise on current trading conditions. 2016 saw a record number of recruitment agencies open and 4,529 new agencies were registered between January to December. This is a giant increase of 13.7% from the same period in 2015. Since 2012 a total of 17,271 new recruitment businesses have registered bringing the current total to 26,901 in the UK. An overall increase of 56% in the last five years. Figures published in December revealed the recruitment industry is now worth 35.1 billion a year.
So, with the market saturated with agencies what does it mean for the industry?
As more recruitment agencies pop up all over the country the competition gets tougher as everyone vies for candidates and contracts. This can be a good thing as it propels each agency to improve their services or specialise in certain industries. To stand out from the crowd each agency needs to find its unique selling point. A comprehensive scheme and brand will capture attention and make the agency more memorable. In today’s society, an active social media presence is important as this is one of the first port of calls when candidates are searching online. Building a good reputation is invaluable, positive feedback and good reviews help to encourage trust and build relationships.
For candidates, more choice can either be a good thing or an overwhelming prospect. Choosing the right recruitment agency to suit your needs is important. The growth in local agencies can provide greater opportunities for the job hunter but also requires some organisation to keep each up to date. Selecting one recruitment agency may make life easier and will help you develop a rapport with the recruiters there. Some agencies only specialise in certain industries such as education or the commercial sector. Here at Recruit Mint we focus on four sectors: commercial, industrial, technical and education. Our diversity means that the right job for you could have already been advertised on our site. Alternatively using our service means we will try to find the best possible job for you. Call us to arrange an appointment with one of our dedicated recruiters today.
