growth in uk recruitment (infographic)
DESCRIPTION
Latest Grant Thornton analysis on the UK recruitment market shows how growth has been achieved and M&A continues to shape the sector. For further information on this sector, visit our Business Support Services – Recruitment page. http://www.grant-thornton.co.uk/en/Sectors/Business-Support-Services/Recruitment/TRANSCRIPT
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10
5
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38
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grant-thornton.co.uk
consensus forecast for
Source: BvD Zephyr, Grant Thornton analysis
Source: HM Treasury: forecasts for the UK economy - February 2014, REC Recruitment industry trends survey 2012/13, IbisWorld Employment Placement Agencies in the UK
(7.2% currently)
Overview
2.7 6.1UK GDP 3RECRUITMENT
SECTOR market value in RECRUITMENT SECTOR
annual growth rate forecast to
seen in
UK UNEMPLOYMENT consensus forecast for
£26.5billion 2019
2013 2013
2011vs
OF RECRUITMENT DEALS received PE investment in
2013
20142012/13
2015
MOST ACTIVE
GENERALISTS
HEALTH & SOCIAL CARE
INDUSTRIAL
FINANCIAL SERVICES
in terms of M&A volume
only 6 noted in
2009
record number of
recruitment deals
NUMBER OF CONSULTANCY/ RPO DEALS in
NUMBER OF RECRUITMENT COMPANIES acquired out of administration
in 2013
specialist sectors
IT
How has this been achieved?
GrowthIN RECRUITMENT
M&A Activity
79
80
94
27
£50
have a US acquiror
(since 2009)
OF IN-BOUND RECRUITMENT DEALS since
OF ACQUIRED RECRUITMENT COMPANIES had turnover less than
million
2009
had a sector specialism
OF RECRUITERS ACQUIRED in2013
in