The rise of online recruitment is having a physical impact on the modern high street, with new figures showing a steep decline in the number of recruitment agency offices.
Agency outlets on British high streets were found to have declined by 13.4 per cent in the two years between October 2008 and December 2010. The numbers were gathered in research by mapping service, Ordnance Survey (OS) in a survey of more than 27 million commercial addresses across the UK.
Recruitment agencies were found to have suffered one of the steepest rates of closing, placing second only to building societies, which saw 28.2 per cent of all their premises closing during the two years that were analysed.
Geoff Newman, chief executive of the UK’s largest online recruitment agency Recruitment Genius once ran a traditional high street agency before moving online. “Times have changed and so must agencies” he said “now I can offer recruitment for hundreds of pounds rather thank thousands and business is booming. But it certainly isn’t cheaper as you still have high operating costs, but now we reach a wider audience.”
The closing of the physical recruitment agencies is a result, however, of the recruitment process becoming an easy task to carry out online. The hard copy CVs that candidates would have to take in to an office when they were looking for a job can now be much more easily analysed by recruitment consultants when they are in an electronic format.
Other businesses that experienced a steep decline in numbers included estate agents, which fell by 9.3 per cent, and pubs and bars, which fell by 4.7 per cent. The only businesses that saw the number of high street branches increase were bookmakers and betting shops. The number of these outlets rose by five per cent over the two years.
Become a Recruitment Genius
The induction process can be a daunting prospect for both the manager and the employee, with lots to remember from…
Making A Job Offer
This is one of the best parts of the recruitment process, as you are able to give the candidate the…
Effective Reference Checking For Prospective Employees
Reference checking is typically considered time-consuming and ineffective. However this is generally because companies adopt the wrong approach. Recruitment Genius…
Illegal Interview Questions
As an employer there are plenty of questions you are entitled to ask at interview. However, there are many questions…
Effective Interview Techniques
Whilst interview techniques will vary depending on the amount of time you have and the position you are recruiting for,…
Shortlisting Candidates for Interview
Whilst short-listing can be a time-consuming process, it is also an exciting moment when you get to meet the potential…
Could Application Forms & Career Portals Actually be Damaging Your Recruitment Campaign Prospects?
Career portals start with the best of intentions – to differentiate you as an employer of choice, underline your employer…
10 Tips To Improve The Success Of Your Online Recruitment Advertising
Online recruitment has revolutionized traditional advertising. You can now truly measure your return on investment and identify the most effective…
Secrets To Online Recruitment Success
Online job sites are arguably the most effective way to reach a wide range of candidates simply because they are…
Choosing The Best Online Job Boards
If you do not choose the best online job boards, then your recruitment campaign runs the risk of immediate failure.…
Selecting The Best Online Recruitment Company
The good news is that the age of expensive, poorly targeted newspapers and print media is pretty much dead. But…