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The Industry

It is a billion dollor Industry with large number of players in the market. The entry barriers for this industry are minimal leading to a large number of stand alone consultants in this space. Broadly the services in the recruitment industry can be classified as:

  • Permanent placements
  • Contract Staffing
  • Executive Search
  • RPO

Executive Search/Board level placements typically have less number of employees and with higher experience levels in different verticals to focus on senior level placements for clients who typically engage the top search firms in the world or India for assignments of this nature.

Contract staffing agencies are large in number and cater primarily to IT, Financial services; retail etc kind of clients and typically the headcount is in the rolls of the consultant and work for the client. Good numbers of agencies doing high turnover and revenues are available in the country currently.

Permanent placement involves recruiting from junior to senior levels and the space is dominated by large number of independent consultants who have a few contacts/clients. Also, the bigger players have their share in this space as well.

Recruitment Process Outsourcing Industry is picking up and there are a few clients who outsource the entire recruitment activities to a third party.

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