Growth in UK Recruitment (infographic)

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75 10 5 V23938 19 1 © 2014 Grant Thornton UK LLP. All rights reserved. ‘Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton UK LLP is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. This publication has been prepared only as a guide. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material in this publication. 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 6.1 UK GDP 3 RECRUITMENT SECTOR market value in RECRUITMENT SECTOR annual growth rate forecast to seen in UK UNEMPLOYMENT consensus forecast for £26.5 billion 2019 2013 2013 2011 vs OF RECRUITMENT DEALS received PE investment in 2013 2014 2012/13 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? Growth IN 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 in 2013 in

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 of Growth in UK Recruitment (infographic)

Page 1: Growth in UK Recruitment (infographic)

75

10

5

V239

38

19

1© 2014 Grant Thornton UK LLP. All rights reserved. ‘Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton UK LLP is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. This publication has been prepared only as a guide. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material in this publication.

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