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Eighty per cent of UK recruitment agencies met or exceeded their 2013 revenue goals and 95 per cent expect an increase in agency revenue in 2014, reveals Bullhorn, the leading provider of recruitment software, in its annual industry report.
The Bullhorn 2014 UK Recruitment Trends Report, based on data from 195 recruitment agency professionals, also reveals that 83 per cent of recruiters expect a salary increase in 2014, indicating a healthy industry.
Peter Linas, Bullhorn international managing director, comments: “We dug even deeper than usual in this year’s report and secured more information about revenue and remuneration than ever before. The results this year set the benchmark for recruiter salaries and also reveal a startling chasm in revenue per producer between small recruitment businesses and large agencies.”
Ninety per cent of respondents, who provided information about their performance, remuneration and agency revenue anonymously, report that competition increased in 2013 and named ‘total number of placements’ as the most important metric for measuring performance for the third year in a row.
The Bullhorn 2014 UK Recruitment Trends Report also draws comparisons to recruitment performance in the United States – click here to download it for free. Bullhorn’s cloud-based recruiting ATS/CRM, back office, and social recruiting products serve more than 10,000 clients representing nearly 300,000 users across 150 countries.
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Bullhorn creates software and services that help recruiters put the world to work. For fourteen years our innovations have powered the recruiting and staffing operations of fast-growing start-ups up through the world’s largest employment brands. Headquartered in Boston, with offices in St. Louis, Richmond, Vancouver, London, and Sydney, Bullhorn’s applicant tracking system, recruiting CRM, back office, and social recruiting products serve more than 10,000 clients representing nearly 300,000 users across 150 countries.
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For more information on Bullhorn’s core ATS and CRM platform, please visit: www.bullhorn.com/uk