global talent recruitment
AI Headhunters & Tech Trends in Global Talent Recruitment
There's an old adage, "good help is hard to get," that is making something of a comeback in today's increasingly dynamic and competitive global human resource industry. In 2016, the HR industry's total operating income reached €491 billion, while 2007-2016 CAGR was about 9 percent. Flexible labour accounts for about 71 percent of modern market share, 20 percent comes from management service providers, 8 percent from high-end talent search, and 1 percent from recruitment process outsourcing and specialized services. Recruitment and staffing are challenging areas that have been getting the most market investments. There are numerous derived services and platforms catering to recruiting: headhunters for high-end talents, background investigation services, consulting firms, and of course the popular online recruitment platforms such as LinkedIn and Glassdoor.