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Europe – Recruiters expect higher revenues in 2013

13 February 2013

The staffing market proves to be resilient despite the economic turmoil. Recruiters expect 2013 to offer bright prospects, according to a new survey. This found that 80% of recruiters believe their firms will increase sales this year. Almost half think sales will jump by over +25% this year.

A report by software provider Bullhorn surveyed recruiters across Europe and the Middle East. 45% of respondents claimed their companies had met revenue goals in 2012 while 30% said they had exceeded them.

“It looks like even throughout one of the worst periods of economic austerity in the last 50 years, the recruitment market continues to fare well,” said international managing director at Bullhorn, Peter Linas.

“The private sector in the UK is generating healthy levels of new jobs and employment is at record high with the Office of National Statistics recently posting the highest figures since records began in 1971.”

And the use of cloud recruitment technology appears to help drive revenues. The survey found that 34% of firms which use this kind of technology exceeded their 2012 revenue goals. Those that didn’t reported a lower rate at 23%.  

Recruiters also believe their own pay is set to rise this year with the largest percentage of respondents (34%) expecting to earn between £40,000 and £75,000 in 2013.

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