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Ireland – Staffing revenue to rise in 2012

14 September 2012

The number of agency workers in Ireland’s private and public sector has increased by nearly +15% taking the total figure to over 50,000, the latest quarterly survey by the National Recruitment (NRF) Federation shows.

The research also found that staffing firms across the country are very optimistic about the coming months, after reporting “excellent” business activities in the first half of the year. Recruiters predicted an increase of 12.85% in revenues for the full year with continued growth expected in both temporary and permanent fee income.

This follows news that Ireland’s largest staffing firm, Cpl Resources, last week reported a +24% boost in revenue after its temporary staffing business  increased sales by nearly a quarter to €267.7 million in the year to June.

“These positive results continue the trend we have seen since the start of the downturn that organisations are continuing to utilise agency workers as an integral part of their labour force management,” said NRF president Colin Donnery.

“Agency workers are allowing both the private and public sector to make the most efficient use of their labour force during these uncertain times and show the essential role that recruitment agencies are playing in Ireland's economic recovery.”

According to the survey, the permanent placement market was faring well with vacancies rising +5.5% in the first six months of the year. Although skill shortages were reported, particularly in technology sectors, placements were showing the largest increases in IT, medical device, and multilingual sectors.

The NRF urged the government to make it easier for workers to take up temporary and contract positions “so people can use these roles as a stepping stone into full time employment and escape the unemployment trap,” Mr Donnery said.

Ireland has implemented the Temporary Agency Work Act in May 2012, securing equal treatment for temporary staff.

The NRF is a voluntary organisation set up to establish and maintain standards and code of practice for the recruitment industry in Ireland. To access a list of Ireland’s largest staffing firms, available to Staffing Industry Analysts subscribers, click here

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