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NRF update and
Recruitment overview
Date: April 25th Speaker: Peter Cosgrove
AGENDA
• NRF Update
• Global Update on Recruitment
• Ireland Update
• Future Trends
• Conclusion
NRF UPDATE
What has the
NRF ever done
for us?
Membership
83% of the
industry
95% of the
industry
20132010
Media
5 Articles
in national
press
40 Articles
in national
press
20132010
Awards attendees
120
attended
308
attended
20132010
Conference attendees
120 220+
20132010
Profit/ Loss
-12,500 + 14,000
20132012
One on one meetings with members
5 per year 40+ per
year
20132010 20132010
Breakfast briefings
6 briefings
25 (average)
attendees
20132010
12 briefings
60 (average)
attendees
FEEDBACK RATING 4.1/ 5
Education
No
programme
213
certified
20132010
Garda Vetting
~30,000 people vetted since
2010
2013
Representation
Events NRF
speaking at or
attending on behalf
of the industry
GLOBAL UPDATE ON RECRUITMENT
Key figures of the industry
• 140,000 employment agencies /179,000 branches
• Global turnover -€ 259 billion
• Japan and the USA are the global country leaders
• Europe has 40% of total worldwide sales revenues.
• 46 million agency workers were employed by private
agencies across the globe
140,000 agencies worldwide
All the big
players do a lot
more than
recruitment
Correlation between GDP and use of agency work
Agency workers
help jobs growth
12.9 million gained work through an agency in the US
Agencies: Are the following factors good or
bad for you?
Agencies: What marketing tactic has best
bang-for-buck?
Clients – what would you like agencies to
improve?
Clients – how do you hear of agencies that
you use?
Don’t ignore all
traditional
methods
IRELAND UPDATE
IRELAND UPDATE
Ireland data from survey
• Ireland agency turnover 1.6 billion (1.4
billion)
• 69, 700 Temps (55,000)
• Perm placements 26,000 (21,000)Margins are
decreasing
however…
Ireland data from survey
• Industry Expectations: 14% growth in 2013
FUTURE TRENDS
The competitors keep coming
Decentralised
Preferred
Supplier
Master
Vendor
Managed
Services
Total Talent
Management
Evolving contingent models..
Online
Becoming a key
candidate
acquisition
channel
#nowthatchersdead: Fans Think Cher Died After Thatcher
Trend happening
in the US
Clients: Clever Sourcing
If agencies are
not innovative,
clients will use
their inhouse
teams
Clients: Clever Sourcing
Using Data
The power of
data - How data
alerted a store to
a teenager being
pregnant
Image: © Entropia
Gaming – this
virtual asteroid
sold for 330,000
dollars at auction!
RMS AND PLAGUE
INC.
RMS inserted
their logo into
the game
“plague” – great
for graduate
engagement
The “candidate experience”
CONCLUSION
• Opportunities are global but the reverse is true also
• Quality critical to clients
• Industry evolving faster than ever (RPO, online, technology)
• Agency workers will continue to rise
• Innovation is key
• Don’t ignore the candidate experience
….its still a great place to work
Takeaways
Maimonides' Eight Levels of Charity
(2) To give to the poor knowing to whom one gives, but without the
recipient knowing from who he received
(3) Giving anonymously to a known recipient
(4) Giving publicly to an unknown recipient
(5) Giving before being asked.
(6) Giving adequately after being asked.
(7) Giving willingly, but inadequately
(8) When one gives unwillingly
(1) The greatest level is to support someone with a gift or loan or
entering into a partnership with him or finding employment for him so that
he is no longer dependent up on other
Thank You
@petercosgrove

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