So what exactly is International Recruiters Day?
IRD is an annual event celebrated on the first Thursday in April to recognise and appreciate the efforts of recruiters and talent acquisition professionals worldwide.
Founded by Stephen O’Donnell and the NORA Academy Ltd in 2011, the day highlights the important role recruiters play in connecting candidates with suitable job opportunities and helping companies find the right talent to drive their success.
Wherever you are in the world Recruiters are making a significant contribution.
Here are some facts about the UK market curtesy of Greg Savage:
🔻The UK recruitment sector was worth £42.9 billion in 2021. That’s up 21.7% on 2020 and a massive contribution to the UK economy.
🔻The UK is the third biggest staffing market globally after the US and Japan.
🔻Of that £42.9 billion generated in sales, £36.4 Billion was via temporary placements and £6.5 Billion via permanent placements.
🔻Regarding permanent placements, UK recruitment agencies made 547,692 permanent ones in 2021 and chipped in a lazy 22.4 million temp/contract placements in addition. In a year. That’s 430,000 people placed in temp jobs by agencies every week. 86,000 a day.
🔻There are 30,035 recruitment agencies in the UK (at the start of 2022).
🔻There are 201,154 people working in UK recruitment agencies.
🔻This research was published at the end of 2022. The estimated forecast for the 2022 year is a 7.4% growth in the fees generated in 2021 and a 14.3% growth in the volume of recruitment agency clients in 2022 compared to 2021.
🔻79.5% of UK recruitment businesses are micro-businesses with fewer than 10 employees.
🔻82% of recruitment businesses in the UK have a turnover of less than £ 1 million pa.
🔻There are 470 recruitment enterprises in the UK with 250+ employees.
These are impressive numbers and your figures are in there!
So today, regardless of what kind of day, week or month you are having, pause to reflect on the difference you have made to your candidates’ lives and your clients businesses’ and give yourself a huge pat on the back.
A huge thank you from us to all of the Recruiters who have entrusted us with their careers and the clients who have entrusted us with their roles for nearly 25 years.
And finally a huge shout out to my team at Ruella James - Recruitment to Recruitment - London Rec to Rec and to all Recruiters navigating their way through 2024!
We’ve got this!
#ird2024#rec2rec#recruitment