I am noticing a trend in companies doing their own recruitment, as its far cheaper to employ a person to search the job portals and advertise on the free job sites, than paying an agency commission for sourcing candidates, or paying a response handling agent to screen the CVs, resulting from an advertisement.
Clients that I have been dealing with for over 30 years are giving me less and less business for this very reason. Times are tough, and companies are being pushed to cut costs, recruitment budgets are being cut, and of course, many companies are retrenching or consolidating,
In addition, small agencies are finding it extrremely difficult to get on to the vendor lists of big corporations.
So, what is the solution?
You tell me!