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Sector wide the recruitment market place is too big for the markets it serves by about I reckon 30%
So if 30% of all recruitment agents went bust tommorow the market might be about right.
This means too many agents and agencies chasing too little business.
If you are not an income stream or potential income stream to them they are not going to bother with you.
Sector wide the recruitment market place is too big for the markets it serves by about I reckon 30%
So if 30% of all recruitment agents went bust tomorrow the market might be about right.
This means too many agents and agencies chasing too little business.
If you are not an income stream or potential income stream to them they are not going to bother with you.
If you follow that logic most corner shops / bazaar shops are over supply.
Always forgive your enemies; nothing annoys them so much.
If you follow that logic most corner shops / bazaar shops are over supply.
Comparing small purchase convenience retail to recruitment is probably not the best example especially the independent sector. All that would happen certainly in this country that Tesco Express/ Sainsburys local would gobble the outstanding market that those independents had - maybe a percentage point or 2 each.
Trust me there are too many recruitment agencies worldwide and not enough business to really go around. If a big agency like Hays or the s3 group or even both went bust today it would not matter one jot to the end clients. Yes lots of workers would be in the tulip but apart form a few extra phone calls the people who pay the bills - the clients - would not be affected. If 30% of all recruitment agencies went bust today the effect would be just the same on those who pay the bills. The business model is badly damaged. The big question is what can replace it?
Comparing small purchase convenience retail to recruitment is probably not the best example especially the independent sector. All that would happen certainly in this country that Tesco Express/ Sainsburys local would gobble the outstanding market that those independents had - maybe a percentage point or 2 each.
Trust me there are too many recruitment agencies worldwide and not enough business to really go around. If a big agency like Hays or the s3 group or even both went bust today it would not matter one jot to the end clients. Yes lots of workers would be in the tulip but apart form a few extra phone calls the people who pay the bills - the clients - would not be affected. If 30% of all recruitment agencies went bust today the effect would be just the same on those who pay the bills. The business model is badly damaged. The big question is what can replace it?
The model has already changed for many big companies, they hire embedded individual agents mostly on FTC.
The medium size are still on agencies.
Always forgive your enemies; nothing annoys them so much.
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