Recruitment Company Business Plan

Both foreign and local companies are required to register with the relevant authorities and obtain certain business licenses, in accordance with their field of activity; our team of German company formation agents can provide more details on this matter.A German recruitment company will provide professional recruitment services, available to both legal entities and natural persons.

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The number of people turning to agencies to find a job is shrinking, the number of companies who use agencies as their principle source of hire are becoming all but non-existent.

From here on in, I see this trend accelerating for a number of reasons: Connectivity People are connected and can make their own introductions, connect with companies without introduction or qualification through talent networks, Linked In and Facebook company pages, follow recruiters on twitter and engage with people who hire.

Employer branding A tough area for an agency to compete.

With the longer connection times, hiring companies are recognising the benefit of attracting people to the company rather than specific jobs.

Where agencies used to be employed to manage the volume recruiting, this is now managed directly, with agencies used when the direct sourcing options have been exhausted.

This doesn't mean no agency use, but it does necessitate an agency having many more clients, with specialisation in a niche.

Social referral, supported by technology from companies such as Role Point connect employees social networks with job openings.

The route to getting hired is less and less dependent on being represented by an agency, either as a candidate or a hiring company.

Where this was once all about reducing the cost of hire, it is now as much about maintaining relationships beyond the job seeking process.

Recruiting is moving from transaction to relationship.

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