IT Recruitment

Market Assessment 2008

Publication Date	August 2008
Publisher	Key Note
Product Type	Report
Pages	123
ISBN Number	not applicable
Product Code	KEY00026

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Summary

During the past decade, the IT recruitment market has experienced peaks, troughs and eventual consolidation, from high demand in 1999, to turbulence between 2001 and 2003, to recovery in 2004 and controlled, steady, year-on-year increases in 2005, 2006 and 2007.

In 2004, the computer industry entered a new phase of growth, characterised by steady annual budget increases. Consequently, the period 2004 to 2006 was one of recovery for the IT recruitment industry. Since early 2004, there has been a significant improvement in the market for permanent, temporary and contract recruitment, spurred by new projects among companies to enhance their systems, both in terms of applications and infrastructure. As a result, there was an increase in demand for project managers from 2006 to 2008.

However, the IT skills shortage remained a problem for the UK market during this period of growth. Furthermore, demographic change has meant that agencies have had to build strategies for the recruitment of older workers and women, as well as to operate across international markets. This has opened up new service areas, such as international recruitment and employment consultancy, which job hunters are starting to consider to be standard offerings from recruitment agencies.

The diverse legislative environment continues to be tough for recruitment agencies. They need to be aware of issues related to employment and finance regulations in the UK, as well as international initiatives, including the EUs Agency Workers Directive.

Key Note forecasts that, despite concerns over the economic environment, between 2008 and 2012, the industry will continue to grow. Various factors contribute to this conclusion, including the financial sector requiring stability in their systems, the growing need for management of risk and compliance, and skills shortages that still need to be addressed.

Content

Executive Summary
1. Introduction
- The Market
- Definition
2. Strategic Overview
- Market Dynamics And Segmentation
  - Increasing Demand Since 2004
  - Table 1: The Number Of People Employed In The Uk In Ict Occupations
  - And Computer-Related Activities (000), April To June 2006 And 2007
  - Table 2: The Number Of Quarterly It Vacancies Notified To Jobcentres
  - In Great Britain By Type, May, August And October 2005-2007
  - Job Advertisements
  - Salaries
  - Benefits
  - Encouraging It Staff To Change Jobs Has Become An Issue
  - Perpetuation Of Skills Shortage
  - Table 3: E-Skills Vacancies By Type (Number And %), 2005 And 2007
  - Table 4: Actions Taken To Combat Skills-Shortage Vacancies (%), 2005 And 2007
  - Market Size
  - Table 5: The It Recruitment Agency Market By Invoiced Sales At Current
  - And Constant 2000 Prices (m), Years Ending December 2003-2007
  - Figure 1: The It Recruitment Agency Market By Invoiced Sales At Current
  - And Constant 2000 Prices (m), Years Ending December 2003-2007
- The Legislative Environment Continues To Be Tough
  - Ir35
  - The Conduct Of Employment Agencies And Employment Business Regulations 2004
  - Finance Bill 2007
  - The Eu Temporary Agency Workers Directive
  - The Services Directive 2006
  - The Data Protection Act 1998
  - Money-Laundering Legislation
  - The Employment Equality (Age) Regulations
- Channels To Market
  - Recruitment Companies And Search Firms
  - Recruitment Agencies
  - Table 6: Channels Other Than The Internet Used To Look For Jobs (%), 2008
  - Contacting Clients
  - The Growing Use Of The Internet
  - Table 7: The Most Popular Job Websites For It Professionals
  - By Rank (% Of It Users), 2008
  - The Emergence Of Social Networking Sites
- Competitive Structure
  - Table 8: The It Recruitment Market By Estimated Share Of Revenue (%), 2006 And 2007
  - Figure 2: The It Recruitment Market By Estimated Share Of Revenue (%), 2007
  - Table 9: The Major Uk It Recruitment Agencies By Estimated Market Share
  - (% Of Total Revenue), Year Ending 31st December 2007
- The Consumer
  - Business Customers
  - Individual Customers
  - Table 10: It Jobseekers By Sex And Age (%), 2006 And 2007
- Market Forecasts
  - Table 11: The Forecast It Recruitment Market By Invoiced Sales At Current Prices (m),
  - Years Ending December 2008-2012
3. Contract And Temporary Staff
- Background
- Market Size
  - Table 12: The Contract And Temporary Staff Recruitment Market By Invoiced Sales
  - At Current And Constant 2000 Prices (m), Years Ending December 2003-2007
  - Figure 3: The Contract And Temporary Staff Recruitment Market By Invoiced Sales
  - At Current And Constant 2000 Prices (m), Years Ending December 2003-2007
- Consumer Trends
  - Business Consumers
  - Changing Client Base
  - The Jobs In Demand
  - Table 13: Example Skills Requirements Of Contract Jobs Advertised On Internet Jobsites
  - (% Of Job Advertisements), 3 Months To 16th April 2007 And 2008
  - Table 14: The Proportion Of Contract Jobs Advertised On Internet Jobsites
  - By Job Title (%), 3 Months To 1st December 2006 And 16th April 2008
  - Individual Consumers
- Advertising And Distribution
4. Permanent Staff
- Background
- Market Size
  - Table 15: The Permanent Staff Recruitment Market By Invoiced Sales At Current
  - And Constant 2000 Prices (m), Years Ending December 2003-2007
  - Figure 4: The Permanent Staff Recruitment Market By Invoiced Sales At Current
  - And Constant 2000 Prices (m), Years Ending December 2003-2007
- Consumer Trends
  - Business Consumers
  - The Jobs In Demand
  - Table 16: Example Skills Requirements Of Permanent Jobs Advertised On Internet Jobsites
  - (% Of Job Advertisements), 3 Months To 16th April 2007 And 2008
  - Table 17: The Proportion Of Permanent Jobs Advertised On Internet Jobsites By Job Title
  - (%), 3 Months To 1st December 2006 And 16th April 2008
  - Individual Consumers
- Advertising And Distribution
5. An International Perspective
- Market Developments
  - Global It Services Continue To Grow In Demand
  - Offshoring And The Global Division Of Labour
  - Onshoreoffshoring Continues To Add To The Market Dynamics
  - The Services Directive 2006
- Competitive Environment
- Consumer Behaviour
6. Pest Analysis
- Political Factors
  - Employment Laws
  - Skills Task Force
  - E-Government
  - Promotion Of It
  - Terrorism
- Economic Factors
  - Economic Growth Impacts On It Budgets
  - Different Sectors Are More Vulnerable Than Others
  - A Long-Term Influence
- Social Factors
  - The Growth Of Part-Time And Flexible Working
  - Teamworking
  - Changing Demographics
  - The Growing Importance Of Women And Childcare Facilities
  - The sandwich Generation
  - portfolio Careers
  - Human-Resource Outsourcing
  - Business Environment Drives Demand
  - Businesses Lack Internal It Skills
  - Exploiting Computer Resources Is A Key To Business Success
- Technological Factors
  - It A Competitive Weapon
  - Software Solutions
  - The Internet
  - A New Media Opportunity
  - A Potential New Media Threat
  - Changing How Agencies Operate
  - The Technology Cycle
  - The Technology Upgrade Cycle Influences Demand
  - New Technological Trends
  - Shifts In It Budgets
  - E-Business A Driver Of Demand
7. Consumer Dynamics
- Employers
  - The 2008 Recruitment, Retention And Turnover Survey
  - Table 18: Methods Used To Attract Applicants By Industry Sector
  - (% Of Respondents), 2005-2007
  - Table 19: Methods Used To Select Applicants (% Of Respondents), 2007
- The Recruitment Process
  - Recruitment Responsibilities
  - Vendor Management
  - Elastic Workforce
- The Jobs Demanded By Employers
  - Table 20: The Top 20 Geographical Locations Of Contract It Jobs Advertised On Internet Jobsites
  - By Average Daily Rate And Average Hourly Rate (), 3 Months To 1st May 2008
  - Table 21: The Top 20 Geographical Locations Of Permanent It Jobs Advertised
  - On Internet Jobsites By Average Salary (), 3 Months To 1st May 2008
  - Table 22: The Proportion Of Jobs Advertised On Internet Jobsites By Job Title (%),
  - 3 Months To 1st May 2008
- It Workers
  - Table 23: The Occupational And Vacancy Profile Of Employment In The Computing
  - And Related Industries (Number And %), 2007
  - Table 24: The Profile Of It Jobseekers Using Recruitment Jobsites (% Of Visitors), 2008
  - It Workers Expectations
8. Company Profiles
- Ajilon (Uk) Ltd (Computer People)
- Table 25: Financial Results For Ajilon (Uk) Ltd (000),
- 53 Weeks Ending 2nd January 2005 And Years Ending 31st December 2005 And 2006
Alexander Mann Group Ltd
- Table 26: Financial Results For Alexander Mann Group Ltd (000),
- Years Ending 30th September 2004-2006
Elan It
- Table 27: Financial Results For Elan Computing Ltd (000),
- Years Ending 31st December 2004-2006
Hays Information Technology
- Table 28: Financial Results For Hays Plc (000), Years Ending 30th June 2005-2007
Lorien Resourcing
- Table 29: Financial Results For Lorien Ltd (000),
- Years Ending 28th November 2004, 27th November 2005 And 26th November 2006
Modis International Ltd
- Table 30: Financial Results For Modis International Ltd (000),
- 53 Weeks Ending 2nd January 2005 And Years Ending 1st January 2006
- And 31st December 2006
Spring Technology Staffing Services Ltd
- Table 31: Financial Results For Spring Technology Staffing Services Ltd (000),
- Years Ending 31st December 2004-2006
- Steria Recruitment Ltd (Xansa Recruitment Ltd)
- Table 32: Financial Results For Steria Recruitment Ltd (000),
- Years Ending 30th April 2005-2007
Sthree Plc
- Table 33: Financial Results For Sthree Plc (000),
- Years Ending 30th November 2005 And 2006 And 2nd December 2007
- Vedior
Other Companies
9. The Future
A Positive Outlook Despite Concerns Over
The Economic Environment
Key Drivers For Future Growth
- Ongoing Projects
- The Strong Presence Of It-Intensive Industries In The Uk
- Outsourcing Human Resources
- Demographics
- Globalisation Of The Industry
The Future Demand For It Workers
- Table 34: Employment Projections In The Computer-Services Industries (000),
- 2004, 2009 And 2014
- Table 35: Projected Employment In The Computer-Services Industries
- By Occupational Group (000), 2004, 2009 And 2014
- Employment By Status And Gender
- Table 36: Forecast Employment In The Computer-Services Industry
- By Status And Sex (000 And %), 2004, 2009 And 2014
Future Recruitment Problems
- Forecasts 2008 To 2012
- Table 37: The Forecast It Recruitment Market By Sector By Invoiced Sales
- At Current Prices (m), Years Ending December 2008-2012
- Figure 5: Growth In The It Recruitment Market By Sector By Invoiced Sales
- At Current Prices (m), Years Ending December 2003-2012
10. Glossary
11. Further Sources
Associations
Publications
Government Publications
Other Sources
Bisnode Sources
Key Note Research
The Key Note Range Of Reports