New research just published by the Recruitment and Employment Confederation (REC) has revealed how the continuing healthy state of the economy is having a very positive effect on the UKís 24.8 billion private recruitment industry.
The data contained in the REC Industry Research Unitís first ever 360 Tracking Report is the culmination of a continuous programme which has been running for more than a year. This now provides a valuable database of knowledge on the industry and greater understanding of how it is evolving over time.
Its findings provide an upbeat appraisal of the industry which is performing well on all fronts. It shows evidence of sustained levels of satisfaction among agency workers increased significantly last year while most agencies and employers remain optimistic about short-term business prospects in the coming 12 months.
The report is the first in a series of quarterly summaries which for the first time will include year-on-year changes. Its research has been made possible by the leadership and support of members of the IRUís steering group which comprises senior representatives from both top recruitment agencies and the REC.
Marcia Roberts, the RECís Chief Executive Officer, said: ìThe Tracking Report once again underlines how our industry prospers when the overall health of the UK economy thrives.
ìThis was first highlighted in our Annual Turnover Report last November, but now, with the data from this report, we can pinpoint areas where we can continue to make improvements and adjustments to overall standards.î
Roger Tweedy, the RECís Director of Research, said: ìWe hope that this research being carried out will provide an invaluable source of data through which the REC can continue promoting the interests of its members and indeed the whole industry, and also inform perceptions on the current trends within both the UK workforce and labour market.î
Roger added: ìWe are indebted to the IRUís steering group members for their strong leadership as ultimately it is their insights into the industry that will help us going forward in determining the research we should be undertaking on membersí behalf.î
Copies of the REC 360 Tracking Report 2006 is available online from the website, www.rec.uk.com/research or by contacting Jo Heath on 020 7009 2193.
New REC Report shows high levels of performance and satisfaction within industry
The data contained in the REC Industry Research Unitís first ever 360 Tracking Report is the culmination of a continuous programme which has been running for more than a year
