Permanent market to lead growth in UK recruitment sector in 2015

Growth in the UK’s recruitment sector this year will be led by permanent placements, according to Sue Dodd, director at Agile Intelligence and compiler of Recruiter’s HOT 100 list.
Mon, 16 Feb 2015 Growth in the UK’s recruitment sector this year will be led by permanent placements, according to Sue Dodd, director at Agile Intelligence and compiler of Recruiter’s HOT 100 list.

Speaking last week at an event at Royal Bank of Scotland’s City of London offices to celebrate the UK’s fastest growing and most profitable recruitment companies, as featured in Recruiter’s 2015 FAST 50 and 2014 HOT 100 lists, Dodd revealed how the UK’s most profitable recruitment companies had fared in 2014.

Sales for HOT 100 companies were up 10.1% on 2013 figures, while net fees were 5% up at almost £3bn, she said.

Meanwhile, headcount rose by almost 30,000 among HOT 100 companies — up 3.2% — and productivity grew by almost 2%, compared with 0.4% average labour productivity across UK industry.

Turning to prospects for the UK recruitment sector in 2015, Dodd said there was a “definite feel” among UK businesses that Britain should see a few good years of growth, with the permanent placement market continuing to rise over the next year.

Watch our video for more from Dodd.

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