Over the five years to 2015, revenue for the Global HR and Recruitment Services industry is expected to increase at an annualized rate of 1.5% to $619.1 billion. The industry relies on organizations' demand for and outsourcing of recruitment processes and human resource (HR) management activities. Industry performance largely depends on economic conditions in major markets and the effect these conditions have on demand for labor around the world. Labor market regulation, particularly relating to temporary employees, is also important to industry performance.
Companies in this industry provide outsourced human resource (HR) and employment placement services. These services can include selecting and placing permanent and temporary staff, employee leasing, listing employment vacancies and outsourcing management of personnel-related administrative functions, such as payroll and employee benefit administration.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
