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Are algorithms the temp agencies of the future?
Technology has transformed the temporary employment sector. Online platforms like Uber and Deliveroo have helped to make recruitment and selection faster and cheaper. Will traditional temp agencies survive the revolution?
Executive summary
Recruitment and selection of workers is still often done by people. But as technology develops, the process will become more automated, making it cheaper and easier to recruit new workers.
Ultimately a work platform may even determine the 'right' remuneration (for example through an auction or dynamic prices).
In this report, we examine the development of these platforms and the threat they pose to the traditional temp agency.
Content Disclaimer
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more