Recruitment software has played a large role not only in making the lives of recruiters a little easier, but also in getting job seekers out of the searching phase and into offices. With the recruitment industry surpassing its pre-recession peak, it's not hard to conclude that recruiters played an integral role in driving this kind of behaviour in the market.

 

By the end of the 2013-2014 financial year, the recruitment industry in the UK was able to record a total revenue of £28.7 billion, according to the Recruitment and Employment Confederation (REC). This value record is about 6.3 per cent higher than the previous record.

 

With more and more recruiters now using staffing software, it's a delight to know that they were able to fill several vacancies in many industries. Data reveals that recruiters were able to help over 630,000 people find a new permanent job. Plus, on any given day, there were 1.5 million people who worked on temporary or contract assignment that they secured through a recruitment agency.

 

So, credit can also be given to the recruitment software used by these agencies for being able to turn up with a database of candidates available even for temporary or contractual assignments.

 

REC head Kevin said, “The recruitment industry is the driving force behind the UK's labour market recovery. The impact that recruiters have on both people's lives and our nation's businesses is one of the reasons why we have record employment, and underemployment falling at unprecedented speed.”

 

The benefits of having recruitment manager software to help with the process cannot be understated as it does make everything flow a whole lot smoother. Plus, the data speaks for itself as well.

 

Around 91 per cent – about £26 billion – of the revenue were made from temporary and contract recruitment. On the other hand, fees from having placed employees in permanent jobs were just 9 per cent at £2.7 billion.

 

Other findings from the REC report include:

 

• Turnover for permanent business rose by 8.7 per cent year-on-year, but still remains 37 per cent below pre-recession peak of £4.3 billion.

 

• The 2.8 per cent increase in volume was the driving factor for the 8.7 per cent increase in permanent recruitment.

 

• The number of temporary or contractual recruitment increased by 2.4 per cent, which is the fourth consecutive year it has increased.

 

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