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Recruitment UK
Review of Trends
Alec Fowler
Enterprise Account Manager, EMEA
• UK Trends Report:
30,000 foot view
• 3 Trends to Watch
Agenda
2017 UK Recruitment Trends Report
1,400
Recruitment
professionals
responded
91%
Expected to
meet or exceed
2016 their
revenue goals
86%
Forecasted
revenue growth in
2017; 23% > 25%
Represents firms of all sizes, operating in all sectors
Metrics Matter
Adoption
SALES
EFFECTIVNESS
31%
GROSS MARGIN
______
Total Placements
RECRUITMENT
TECH
78%
25% of placements
existed in the CRM
‘Recognise the importance of tracking key
metrics, but the majority don’t do it’
RECRUITING
DELIVERY
64%CSAT
______
Fill Rate
______
Interview to Hire Ratio
Top Priorities: Profits & People
71%
Talent
shortage
Navigating the Economic & Political Climate
3 Trends to Watch
Candidate Experience & Engagement
By the Numbers
38%
of job seekers say
their applications
never receive a
response or any type
of communication
45% BILLION
of candidates
said their #1
frustration is no
communication
Impact on the Bottom Line
58%
of candidates are
less likely to buy
from a company to
which they’ve
applied but were
never responded to
77%
are willing to accept
a salary that is 5%
lower than their
expected offer if the
employer created a
great impression
through the hiring
process
73%
BILLION
of candidates
would also accept
a lower salary if the
company had
great online
reviews
Automation & Artificial Intelligence
RISE OF THE ROBOTS
Working with the Machine
• By 2020, predictive and
prescriptive analytics will
attract 40% of enterprises' net
new investment in business
intelligence and analytics
• The market for prescriptive
analytics software is estimated
to grow from approximately
$415M in 2014 to $1.1B in 2019,
attaining a 22% CAGR
More Investment AND Jobs
Demand for Emerging Skill Sets
Top 5 fastest growing skills, 2016:
1. Natural language procession
2. Swift
3. Tableau
4. Amazon Marketplace Web Services
(MWS)
5. Stripe
Relationship Economy
Sharing TOO Much? Employees Say No
Thank You
Alec Fowler• afowler@bullhorn.com • @bullhornuk • 02035877303

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Alec Fowler, Account Manager, Bullhorn Recruitment UK - Review of Trends

  • 1. Recruitment UK Review of Trends Alec Fowler Enterprise Account Manager, EMEA
  • 2. • UK Trends Report: 30,000 foot view • 3 Trends to Watch Agenda
  • 3. 2017 UK Recruitment Trends Report 1,400 Recruitment professionals responded 91% Expected to meet or exceed 2016 their revenue goals 86% Forecasted revenue growth in 2017; 23% > 25% Represents firms of all sizes, operating in all sectors
  • 4. Metrics Matter Adoption SALES EFFECTIVNESS 31% GROSS MARGIN ______ Total Placements RECRUITMENT TECH 78% 25% of placements existed in the CRM ‘Recognise the importance of tracking key metrics, but the majority don’t do it’ RECRUITING DELIVERY 64%CSAT ______ Fill Rate ______ Interview to Hire Ratio
  • 5. Top Priorities: Profits & People 71% Talent shortage
  • 6. Navigating the Economic & Political Climate
  • 7.
  • 8. 3 Trends to Watch
  • 10. By the Numbers 38% of job seekers say their applications never receive a response or any type of communication 45% BILLION of candidates said their #1 frustration is no communication
  • 11. Impact on the Bottom Line 58% of candidates are less likely to buy from a company to which they’ve applied but were never responded to 77% are willing to accept a salary that is 5% lower than their expected offer if the employer created a great impression through the hiring process 73% BILLION of candidates would also accept a lower salary if the company had great online reviews
  • 12. Automation & Artificial Intelligence
  • 13. RISE OF THE ROBOTS Working with the Machine
  • 14.
  • 15. • By 2020, predictive and prescriptive analytics will attract 40% of enterprises' net new investment in business intelligence and analytics • The market for prescriptive analytics software is estimated to grow from approximately $415M in 2014 to $1.1B in 2019, attaining a 22% CAGR More Investment AND Jobs
  • 16. Demand for Emerging Skill Sets Top 5 fastest growing skills, 2016: 1. Natural language procession 2. Swift 3. Tableau 4. Amazon Marketplace Web Services (MWS) 5. Stripe
  • 18. Sharing TOO Much? Employees Say No
  • 19. Thank You Alec Fowler• afowler@bullhorn.com • @bullhornuk • 02035877303