A simple guide to setting up your own recruitment agency
If you are considering setting up your own recruitment agency – congratulations! You are about to embark on an exciting journey that could change your life! To help you make the very best start possible, we have put together some useful tips and advice. If you are planning on setting up your own recruitment agency, well done. You have chosen an industry that continues to see significant growth as more and more companies realise the importance of getting the right employees.
Record growth!
The UK recruitment industry has seen record growth in recent years and the trend does not appear to be slowing down. The REC’s annual Recruitment Industry Trends report for 2018 showed that industry turnover from permanent and temporary placements, and other HR services, totalled nearly £36 billion, increasing 11 percent on the previous year. Furthermore, the average value of placement has also been rising, up more than 6% to £4,238 in 2018.
Despite nearly 1,000 people entering new employment every day in the UK, it is estimated that there are currently nearly 900,000 positions available. Such opportunities have not been missed, and a record 8,488 new recruitment agencies were registered in the UK last year.