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RAND.AMS |
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| €28.49 | - 0.22 |
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20 November 2009 17:35 CET |
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Search & Selection
For middle and senior management positions, we handle the recruitment of employees with professional qualifications for permanent positions with clients. These services are often based
on a fixed fee, and include a number of related recruitment and training programs.
Historically Randstad has had relatively low exposure to this part of the market. In recent years we have strengthened our efforts in this part of the market. Partly organically and partly through acquisitions such as Martin Ward Anderson in the UK and EmmayHR in India.
The merger with Vedior greatly expanded our exposure as Vedior has historically been much
stronger in this type of services. In Q1 2009 perm fees made up 1.9% of revenue and 9.6% of gross profit. Besides search & selection fees, perm fees includes recruitment fees out of the regular staffing segment as well.
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