2022 Outlook: The State of Franchising in the Recruitment Sector
Lily Sweeney, writer
The past few years have been transformative for many industries, and the recruitment industry is no exception. If you’re thinking about starting a franchise focused on hiring and recruiting in 2022, you should first ensure you have a strong sense of the recruitment sector as it currently stands. Which trends are dominating consumer conversation? Is the future bright? Keep reading, and you’ll soon find out.
Job uptake, recruitment and salaries are all on the rise again [Recruitment & Employment Confederation]. It’s a job seeker’s market, and recruiters are ever more in demand for their talent-attracting skills. If you’re thinking about making a career change with a recruitment franchise in the near future, good news: There’s never been a better moment to make your move.
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The recruitment industry in 2022
Together, recruitment firms can transition into a much higher value, more professional service business model to work closely with clients. The idea of recruitment as a professional service will, I believe, truly come alive in 2022. - Neil Carberry, Recruitment & Employment Confederation
As mentioned above and suggested by Neil Carberry, CEO of the Recruitment & Employment Confederation (REC), the recruitment sector is truly coming into its own in 2022. Recruiting is a service that more and more employers are considering worthy of their investment as more and more jobs are advertised and market competition rises. The unique skillsets that companies benefit from when they work with a recruitment agency to secure quality hires are valued more than ever right now and that value is 100% on the rise. Why not become a recruiter?
The future of the recruitment sector for those planning to start a recruitment business
The recruitment sector trends gaining traction in 2022 suggest a bright future ahead for this industry. One full of growing demand and ongoing innovation. By understanding these trends, you can better understand the investment you’re about to make (and whether it suits you), and you can create a stronger business plan for your recruitment franchise. Trends to take note of include:
- The prioritising of candidate experience amidst a talent shortage
- The growing use of automated tools among recruiters and hiring managers alike
- The rising prevalence of fully online hiring, from application through to offer
- The targeting of passive candidates, who are 70% of the global workforce [Forbes]
The biggest advantages of running a recruitment franchise in 2022
Beyond all the pros inherent to franchising (the training and support readily provided, the benefits of a proven business model and an existing brand name/established customer base, the reduced level of risk, so on), there are many different advantages to running a recruitment franchise right now. If you choose to enter the world of recruitment as a franchisee in 2022, you’ll enjoy:
- The chance to do meaningful/helpful work, matching people with the right roles
- The flexibility to start from a small investment and grow hugely over time
- The competitive, profit-generating culture in the sector
- The opportunity to invest in a sector that’s undeniably in a growth phase
- The chance to be your own boss and set your own hours
- The ability to use your persuasion, advertising and communication skills daily
Franchising opportunities in the recruitment sector
1. Tezlom
Tezlom is a UK-wide healthcare recruitment agency. As a Tezlom franchisee, you’ll be recruiting and placing a range of professionals within this industry, from nurses to support workers to healthcare assistants.
- Becoming a Tezlom franchisee: You should be a talented multi-tasker with a willingness to learn and grow. You should be great at relationship-building, diligent and hard-working.
- How much you need to invest: You’ll need to make a minimum initial investment of £25,000, with franchise fees of £25,000 and a total investment cost of £60,000.
- What you get for your investment: From day one, you’ll be supported. You’ll receive site selection and fit-out assistance, initial face-to-face training covering all aspects of the business and ongoing support with everything from operations to marketing.
2. CNA International
CNA International is a world-leading executive search and headhunting firm. As a CNA franchisee, you’ll be sourcing top talent for your clients across various different sectors, using the company’s evolved and proven CABS search methodology.
- Becoming a CNA International franchisee: Recruitment experience is advantageous, but not required. You should have a background as a senior professional/equivalent, with plenty of commercial awareness and enthusiasm to learn and grow.
- How much you need to invest: You’ll need to make a minimum initial investment of £30,000, with franchise fees of £6,000 and a total investment cost of £36,000.
- What you get for your investment: You’ll be trained pre- and post-launch, receiving ongoing teaching for the duration of your franchise term. You’ll have access to the Pertemps Group business systems. Whenever you require support, you’ll receive it.
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3. Driver Hire
Driver Hire is the UK’s largest specialist logistics recruiter. As a Driver Hire franchisee, you’ll supply clients in a wide range of sectors with drivers, enjoying the franchise’s incredible reputation and vast existing customer base.
- Becoming a Driver Hire franchisee: Relevant industry experience isn’t necessary, but a business background would be beneficial. You should also be personable and driven, with strong communication and management skills and a can-do attitude.
- How much you need to invest: You’ll need to make a minimum initial investment of £32,000, with a total investment cost of £40,000.
- What you get for your investment: You’ll receive four to six weeks of initial training, followed by continuous franchise support as and when it is required (covering everything from marketing and IT to operations and accounts).
Start running your business today with a recruitment franchise
Hopefully, you now have a strong sense of the current state of the recruitment sector, which evolves rapidly over time. As a franchisee, you’ll constantly need to be accounting for new recruitment trends - and that begins right here. Stay on Point Franchise to continue your research on the ins and outs of running a franchise in this sector, discovering how to choose the recruitment franchise that’s right for you, a day in the life for the owner of a recruitment franchise and five tips for running a recruitment franchise.
Lily Sweeney, writer