OPPORTUNITY
Many in UK recruitment have observed frustrations without recognizing the vast opportunity for innovation. The issue is two-fold: quality candidates have painful experiences while companies struggle getting optimal hires.The UK sees over 700,000 active openings annually while business leaders cite talent shortages as impacting growth. Meanwhile 40% of job seekers here withdraw from overly complex application processes. This results in billions wasted from recruiting spend not achieving ROI along with skills gap implications.However, the UK talent acquisition industry still commands £27 billion yearly as hiring is utterly mission critical. Top UK recruitment leaders trade at earnings multiples surpassing 50x, given the national priorities around resource and talent maximization post-Brexit.Recruitcity thrives in this environment of intense competition and demand driving innovation. Our AI solutions attract contracts from £4 million to over £20 million as employers urgently seek to transform legacy recruiting. Global UK-based leaders especially understand the need to streamline end-to-end hiring through data and technology.Our diversified revenue remains consistent from software subscriptions to value-added partnerships and beyond. But as pioneers in ethically optimizing talent matching through predictive analytics, Recruitcity remains years ahead of competitors when it comes to capitalizing on this transformative market need.