As the economy and job market heats up, so has the market for corporate recruiting… and recruiting services and consultants.
Our latest data shows that businesses around the world spend over $3,300 per hire on recruiting and this budget has increased by almost 6% in the last year. This means that US corporations spend nearly $72 billion each year on a variety of recruiting services, staff, and products – and the worldwide number is likely three times bigger.
A critical part of the recruitment market is the market for recruitment services firms (often called staffing firms, search firms, or headhunters) who do the recruitment for you. These companies bring together a wide variety of skills and technologies to bring you top quality candidates. And they can become “your recruiting team.”
Over the last few months we’ve met a variety of these companies and they are growing rapidly and playing an increasingly important role in the market. Why? Because recruiting has become enormously complex and is flooded with new tools and technology.
For more please visit Forbes