Report Coverage
This report focuses on Labour Recruitment and the Provision of Staff, including the state of the sector and employment, performance of major players, and factors that influence the sector. There are profiles of 17 companies including significant players such as Adcorp and Workforce Holdings. Other profiles include medical staffing company Ambition 24 Hours and executive search companies such as Mindcor and People Perfect.
Introduction
This report focuses on the labour recruitment industry which plays a significant role in the South African economy. The unemployment rate of 29.1% is at its highest level since comparable data was first recorded in Q1 2008. According to Stats SA approximately 8.2 million (40.1%) of South Africa’s 20.4 million young people aged 15 to 34 are not in employment, education or training of any sort. The Confederation of Associations in the Private Employment Sector (Capes) represents more than 1,200 independent staffing businesses and more than 10,000 employees. The temporary employment services (TES) sector is criticised by trade unions for creating a casualisation of labour, where employment shifts from full-time and permanent positions to casual and contract positions. But the sector allows young people who begin their careers to gain valuable exposure, skills, references and experience with different organisations and industries, which enables them to apply for long-term employment. As South Africa went into lockdown due to the coronavirus, it was expected that many businesses would be affected and may not be able to retain staff.
Strengths
• The industry is organised and plays a role in lobbying and advocacy.
• The recruitment industry plays an important role in matching employers and employees.
Weaknesses
• Industry is unable to match skills to vacancies due to skill shortages.
Opportunities
• Technological advances drive product and service innovation.
Threats
• Large companies may continue to increase their internal capacity for recruitment and utilise jobs portals and social media.
• Rapidly emerging technologies, Internet of Things, robotics and artificial intelligence are expected to take over traditional jobs.
• Technology disintermediation may result in recruitment companies no longer fulfilling traditional roles.
Outlook
South Africa’s weak economy is expected to be further affected by coronavirus, unstable electricity supply and infrastructure constraints. The coronavirus lockdown was expected to affect many businesses and their ability to retain staff. The country’s hiring outlook will remain weak as companies struggle to remain profitable and are forced to either reduce their headcount or retain their employees. Lindy van den Barselaar, managing director of ManpowerGroup SA, said, “The South African economy continues to be affected by subdued economic growth and a sluggish growth outlook. Policy uncertainty and a high unemployment rate remain a deep concern for local businesses who are looking with caution when it comes to their spending and hiring strategies.”
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The Labour Recruitment and Provision of Staff Industry in South Africa 2018-09-20
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View Report Add to CartThe Labour Recruitment and Provision of Staff Industry in South Africa 2015-09-21
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View Report Add to CartTable of Contents
[ Close ]PAGE | ||
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1. | INTRODUCTION | 1 |
2. | DESCRIPTION OF THE INDUSTRY | 1 |
2.1. | Industry Value Chain | 3 |
2.2. | Geographic Position | 4 |
3. | SIZE OF THE INDUSTRY | 4 |
4. | STATE OF THE INDUSTRY | 6 |
4.1. | Local | 6 |
4.1.1. | Regulations | 10 |
4.1.2. | Enterprise Development and Social Economic Development | 12 |
4.2. | Continental | 13 |
4.3. | International | 13 |
5. | INFLUENCING FACTORS | 14 |
5.1. | Economic Environment and Rising Operating Costs | 14 |
5.2. | Government and Private Industry – The Social Compact | 15 |
5.3. | Technology, Research and Development (R&D) and Innovation | 15 |
5.4. | Labour | 16 |
5.5. | Cyclicality | 17 |
6. | COMPETITION | 18 |
6.1. | Barriers to Entry | 18 |
7. | SWOT ANALYSIS | 19 |
8. | OUTLOOK | 19 |
9. | INDUSTRY ASSOCIATIONS | 20 |
10. | REFERENCES | 21 |
10.1. | Publications | 21 |
10.2. | Websites | 21 |
APPENDIX 1 | 23 | |
Summary of Notable Players | 23 | |
COMPANY PROFILES | 29 | |
ADCORP HOLDINGS LTD | 29 | |
ADVTECH LTD | 34 | |
AFRIZAN PERSONNEL (PTY) LTD | 40 | |
AMBITION 24 HOURS (PTY) LTD | 42 | |
ASSIGN SERVICES (PTY) LTD | 44 | |
CSG HOLDINGS LTD | 46 | |
HARAMBEE YOUTH EMPLOYMENT ACCELERATOR | 50 | |
KAMO PLACEMENT CC | 52 | |
KEMPSTON INVESTMENTS (PTY) LTD | 53 | |
LULAWAY HOLDINGS (PTY) LTD | 55 | |
MINDCOR (PTY) LTD | 57 | |
PEOPLE PERFECT (PTY) LTD | 59 | |
PRIMESERV GROUP LTD | 61 | |
SET RECRUITMENT CONSULTANTS (PTY) LTD | 64 | |
STAFFING LOGISTICS (PTY) LTD | 66 | |
SUPERCARE SERVICES GROUP (PTY) LTD | 68 | |
WORKFORCE HOLDINGS LTD | 70 |