Posted in Recruitment Agency Profit

APSCo Awards For Excellence

Posted by Nigel Harse FRCSA on 24 June 2024
APSCo Awards For Excellence
Here's what you need to know about the 2024 Awards:  The Awards are open to all companies in professional staffing and recruitment. APSCo Members enter FREE. Non-members pay a small fee per entry. The Best Performance Awards will be judged on your Financial Performance for the Financi...
Posted in:Recruitment Agency ProfitBusiness ProfitabilitySuccessful RecruitmentStaffing and Recruitment  

3 indicators that should set your alarm bells ringing!

Posted by Nigel Harse FRCSA on 26 March 2024
3 indicators that should set your alarm bells ringing!
A common inquiry from Directors and Senior Executives in the staffing and recruitment agency sector pertains to key indicators signaling potential financial loss. Here are a few telltale signs: 1. Below average productivity, indicated by a gross profit per income producer sitting below...
Posted in:Recruitment Agency ProfitBusiness ProfitabilitySuccessful RecruitmentStaffing and Recruitment  

Coronavirus: Impacts and recommendations for recruitment agencies

Posted by Nigel Harse FRCSA on 19 March 2020
Coronavirus: Impacts and recommendations for recruitment agencies
The economy is being hit hard by the coronavirus pandemic. Learn how coronavirus impacts the recruitment industry and how to minimise the damage to your recruitment agency. Just a few weeks ago, coronavirus was a whisper on the social radar. As the number of confirmed cases increased, so did ...
Posted in:coronavirus impactsRecruitment Agency ProfitOperational costsStaffing and Recruitment  

It's time for recruitment agencies to get better not bigger

Posted by Nigel Harse FRCSA on 19 December 2019
It's time for recruitment agencies to get better not bigger
2019 is quickly coming to a close and we have a brand new decade looming. So, after Santa has snuck in and quietly done his job and the bubbles have popped on New Year's Eve, what can recruitment agencies expect in 2020? Looking ahead to 2020 there are very strong indicators which you may c...
Posted in:Recruitment Agency ProfitBusiness ProfitabilitySuccessful RecruitmentOperational costsMarket GrowthTeam SizeStaffing and Recruitment  

Sales Surge, Profits Fall: Mixed Results for Recruitment Firms - FY19

Posted by Nigel Harse FRCSA on 7 October 2019
Sales Surge, Profits Fall: Mixed Results for Recruitment Firms - FY19
FY19 was a record breaking year for sales, but only 1 in 5 Australian recruitment agencies capitalised on strong market conditions. When it comes to sales, Australian recruitment agencies had an outstanding year in FY19. The first two quarters delivered record breaking sales across both the t...
Posted in:Recruitment Agency ProfitPerformance MetricsBusiness ProfitabilityStaff TurnoverOperational costsMarket GrowthStaffing and Recruitment  

Dodging Bullets: How the Federal Election Impacts Recruitment

Posted by Nigel Harse FRCSA on 10 August 2019
Dodging Bullets: How the Federal Election Impacts Recruitment
A win for the Liberal Party is a win for the Australia recruitment industry. Find out why, plus learn the impacts of the election on permanent sales. In the lead up to the Federal Election, the widely speculated change of government caused unrest in the recruitment industry. Fortunately, w...
Posted in:Perm Sales in AustraliaFederal ElectionRecruitment Agency ProfitInsights Blog  

FY19 soaring, but it's not all a bed of roses

Posted by Nigel Harse FRCSA on 7 May 2019
FY19 soaring, but it's not all a bed of roses
After a stellar FY18 for the recruitment sector, the first 9 months of FY19 continue to be strong, with the first two quarters reporting soaring sales results again. Yet, while on the surface things look rosy, dig a little deeper and you'll start to see some cracks appearing. Temp and ...
Posted in:Perm Sales in AustraliaRecruitment Agency ProfitBusiness ProfitabilityStaffing and Recruitment  

2018 delivers great results but....

Posted by Nigel Harse FRCSA on 25 March 2019
2018 delivers great results but....
Staff churn continues to make or break recruitment firms as 2019 find its rhythm The aim of every recruitment agency is to make a profit and the vast majority of firms in Australia and New Zealand achieved this in 2018. In fact, 95% of the recruitment agencies reporting to us made profits ...
Posted in:Recruitment Agency ProfitBusiness ProfitabilityStaff TurnoverStaffing and Recruitment  

Don't let a boom send you bust!

Posted by Nigel Harse FRCSA on 9 November 2018
Don't let a boom send you bust!
Data from the latest SIM and Apositive Insights Poll highlights agencies are at risk during strong market conditions
While the first 6 months of 2018 have proven to be the best in a decade, buoyant market conditions demand a tightly run ship. You need to be driving what's happening ins...
Posted in:Recruitment Agency ProfitBusiness ProfitabilityStaff TurnoverStaffing and Recruitment  

How profitable was FY18 for Australian recruitment agencies?

Posted by Nigel Harse FRCSA on 25 September 2018
How profitable was FY18 for Australian recruitment agencies?
We all like to think we run a good recruitment agency and for many of you, the ultimate measure of our performance tends to be with a sharp focus on annual profit growth. Now, with the Australian financial year well and truly behind us, it's time to take a look back at last year's pro...
Posted in:Return On InvestmentRecruitment Agency ProfitInsights BlogBusiness Profitability  

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