How Contract Recruitment Can Future Proof Your Staffing Firm

The AI revolution. A global pandemic. Increasing legislation.

It is fair to say that, in the 2020s, the recruitment industry has faced wave after wave of uncertainty (and will likely continue to as we navigate the rest of this decade!)

Staffing firms face the challenge of delivering results fast, adapting to shifting client needs, and building resilient revenue streams. One strategy that has proven its value time and again is contract recruitment, also known as temporary staffing.

The numbers speak for themselves. According to Staffing Industry Analysts (SIA), the global temporary staffing market is valued at $520 billion annually, with contract placements making up over 83% of total industry revenue. For recruitment agencies, this isn’t just a growing revenue stream, it’s a critical way to future-proof against market downturns and client hesitancy around permanent hiring.

In addition to analysis by Workwell Global, this blog is partly derived from a conversation (which you can watch below) between Amy Davies, Managing Director of Workwell Global, and Sean Moran, Managing Director of ORARA Group.

Let’s explore what contract recruitment is, how it works, and why it could be the key to your firm’s long-term success.