Recruitment International Compliance Conference February 2015
Dec 23, 2015
Recruitment International Compliance Conference | February 2015
2© 2015 Grant Thornton UK LLP. All rights reserved.
A favourable economic backdrop
2014 2015 2016 2017 2018 20190
1
2
3
4
5
6
7
8
GDP
Unem-ployment
Temporary recruitment
Permanent recruitment 5.9%
5.3%
2.3%
2.4%
An
nu
al
perc
en
tag
e c
han
ge
(%)
6.2%
3.0%
Recruitment International Compliance Conference | February 2015
3© 2015 Grant Thornton UK LLP. All rights reserved.
An active M&A landscape
UK corporate58%Private equity
28%
International corporate
14%
Multi-sector
Health
Energy &
utilities
FinancialServices
IT
Education
69recruitment deals
in 2014
69recruitment
deals in 2014
Recruitment International Compliance Conference | February 2015
4© 2015 Grant Thornton UK LLP. All rights reserved.
Trading updates and outlook
The profit for the full year is expected to be materially ahead of market expectations. However the Group remains cautious of the longer term outlook given the current volatility in global market confidence.Robert Walters, Robert Walters plc
Looking forward, the economic backdrop remains uncertain but we remain very positive about the Group's long term prospects. Mark Braund, InterQuest Group plc
As ever, activity levels at the start of the New Year will be an important driver of the Group's second half performance and, while we are mindful of the risks our world faces today, we continue to see supportive conditions in most of our markets. Alistair Cox, Hays plc
At this early point of the new financial year, while improved sentiment is clearly evident in most of our markets, it is still a somewhat mixed picture. While we are mindful of the risks we face today, we expect to see a broadly supportive picture globally.Gary Elden, SThree plc
Recruitment International Compliance Conference | February 2015
5© 2015 Grant Thornton UK LLP. All rights reserved.
2015 compliance landscape
Compliance
landscape
Operational
Legal / contract
Tax / employment
Audit / financial reporting
Recruitment International Compliance Conference | February 2015
6© 2015 Grant Thornton UK LLP. All rights reserved.