Recruitment in the Public Sector is set to be hit particularly hard over the next couple of years as Government cuts really bite. As a result Recruiters servicing this sector are in for a very rough ride in the next few years.
With this in mind, market analysts Plimsoll have looked at how prepared each of the UK's 298 Public Sector Recruitment Agencies are for a difficult 2011. We looked at how each agency is currently performing and how resilient they will be in the face of a massive downturn in their market. Here's what they found:
- 75 are rated as Strong and are best placed to come through the next few years in tact
- 58 others are in dire trouble already and will be the first to fail when demand slows
- A marked fall in demand will accelerate consolidation in the market with
96 agencies exposed to takeover
Click here to see how Plimsoll's latest report will show you which UK Public Sector Recruiters could disappear in 2011 and who is set to survive
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While the future of UK's Public Sector Recruitment Agencies in 2011 is uncertain, it's vital for them to adapt to the changing landscape. Just like the resilience of the "punisher jackets" agencies need to evolve, enhance their services, and stay competitive. Surviving and thriving will depend on their ability to meet the evolving demands and regulations of the sector while providing value to both employers and job seekers.
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Tough times ahead for Public Sector Recruitment Agencies. Plimsoll's analysis highlights the challenges, with 58 agencies in dire straits. The industry faces consolidation, impacting 96 agencies. Stay resilient
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ReplyDeletePredicting the survival of UK's Public Sector Recruitment Agencies in 2011 would require access to detailed industry data and market trends from that time, which I don't have. However, factors such as economic conditions, government policies, and competition would have influenced their viability. Generally, agencies adapting to market demands, embracing technology, and providing value-added services likely had a better chance of survival amidst dynamic industry changes.
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It would be interesting to see if there have been significant increases or decreases and what factors might have influenced those trends.
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