Recruitment companies key to economic progress

Published: 18/10/2011

Recruitment companies key to economic progress

Private employment services provide a bridge to social and economic progress, according to a new report released today by Ciett, the global confederation of private employment agencies.

The research entitled ‘Adapting to change’ - produced in association with the Boston Consulting Group – examines the positive role that recruitment agencies across Europe and the rest of the world can play in facilitating adaptation to seasonal, structural and cyclical changes in national labour markets.

Uncertainty in the global labour market due to tough economic conditions and demographic shifts has led many companies to turn to the expertise of recruitment companies to manage their fluctuating staff needs.

Commenting on the research, Fred Van Haasteren, Ciett President said:

“The report demonstrates that private employment services create jobs that would not otherwise exist: three-quarters of user organisations do not consider hiring permanent workers as an alternative to agency work. In fact, private employment services reduce structural unemployment – by creating more work opportunities for more people – as well as frictional unemployment by ensuring a better and faster match between supply and demand of work”.

“As an industry we pledge to work in partnership with all relevant stakeholders to improve the governance and quality standards of the industry across the world and to become an active career agent for workers.”

The report, “Adapting to Change: How private employment services facilitate adaptation to change, better labour markets and decent work” is based on research commissioned by Ciett and Eurociett and conducted with the support and assistance of The Boston Consulting Group. For more information on the report go to www.ciett.org.

Posted by Beth O’Shea

All articles

Related articles

IT sector 'slowly moving towards equality'

The managing director of an information portal for female technologists has said many companies are now keen to focus on diversity.

Read more
All parties 'must work together to boost house building apprenticeships'

More young people need to be enrolled on building apprenticeships, it has been claimed.

Read more
Young people targeted by automotive sector

School children and students are being targeted by the automotive sector to attract the best and brightest talent to the industry.

Read more
IT and engineering firms 'leading the jobs recovery'

Large companies are taking on more staff than SMEs, it has been claimed.

Read more
Oil and gas industry facing skills shortage

The oil and gas sector is facing a skills shortage unless more apprentices are encouraged, it has been claimed.

Read more
Volunteering at Olympics 'worthwhile for jobseekers'

Volunteering might aid those looking for work in London.

Read more
SMEs 'to have vital role'

Small businesses could have an important role to play.

Read more
Work experience 'a great way to learn'

Work experience can be a good way for young people to learn, it has been suggested.

Read more
Firms could offer internships in London to create balanced workforce

Young people may be worthwhile in any organisation.

Read more
Grayling urges British organisations to offer work experience

The work and pensions secretary has called on public, private and voluntary sector organisations to provide work experience placements.

Read more

Twin Group is affiliated and associated with the following professional organisations:

  • Beta
  • British Council
  • City & Guilds
  • Croydon College
  • CSCS
  • English UK
  • ESF
  • Greenwich Community College
  • Investors in People
  • JCP
  • Leonardo da Vinci
  • Matrix
  • NCFE
  • Skills Funding Agency
  • Train to Gain
  • UK Inbound
  • Work Experience UK
  • South London Business
  • A4e
  • ALP
  • CDG
  • Seetec
  • ERSA
  • Salon Strategies
  • Southeast London Chamber of Commerce
  • Ingeus
  • Mayor of London
  • City Lit
  • Cambridge Regional College
  • Tottenham Hotspur Foundation