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Quanta growing ahead of recruitment market
Quanta’s growth for 2007 is over twice that of the recruitment market, when compared to figures in an independent report.
04 April 2008 · United Kingdom
The report, Recruitment Agencies Market Report 2008, by Key Note, says that the market in 2007 grew by 7% over the previous year. This represented 787,280 placements – compared with 519,761 in the previous year.
The report says that growth in the market in 2007 has been ‘extremely buoyant’.
Stephen Trigg, managing director at recruitment company Quanta, says that the report bears out Quanta’s experiences. “Although the report focuses on permanent recruitment,” says Trigg, “and Quanta operates in both permanent and contract recruitment, we have had a very strong year. In fact, our growth – at around 15% – is twice that experienced by the industry overall.”
The report says that the biggest worry for recruitment companies is the supply of candidates – there are plenty of jobs, but not enough qualified people.
“That’s one area where we differ from the report,” says Trigg. Although it’s often a challenge to find the right candidate, we’re still able to respond quickly to our customers. We have an extensive database of candidates and a very good network of people in many industries. It doesn’t make it easy to find people, but it does help a great deal.”
This report is echoed by a similar one, from the Recruitment and Employment Confederation’s Research Unit: Key Recruitment Trends in 2007. This report states that the industry is doing well, with the number of temporary workers increased in most organisations.
