The Recruitment Industry Benchmarking (RIB) Index is a practical, web-based management tool that enables recruitment executives to benchmark their company´s performance against their industry peers on key, industry specific, business measurements.
Recruitment Industry Benchmarking and the RIB Index is a service specifically designed and proven to help its members increase the value of their business.
RIB is a member-only service, developed specifically for the recruitment industry. Two-tiers of membership are available, each delivering bespoke, fully confidential monthly reports based on members´ own operational information
Members bespoke reports are provided on an industry wide and – for no extra cost – sector specific basis. Enabling members to clearly identify performance within the market as a whole and against their direct sector competitors.
Identifies your business strengths and weaknesses – based on what is happening in the marketplace now!
Enables management to focus on these key areas – improving income, profitability and shareholder value
Informed strategic decisions can be rapidly implemented – enabling you to drive improved business performance ahead of the competition
Helps creates a culture of continuous improvement and stimulates process efficiency – streamlining the business and removing costs
Membership makes a powerful statement – both internally and externally – that your company is serious about optimising its performance and ongoing development
Provides a vital external measure of business performance and value – a crucial strategic benefit
There are no complicated tie-ins with either membership. We simply ask that you provide just three-month’s notice should you wish to leave.
How RIB works
enabling you to maximise performance
The RIB Index is a web-based benchmarking tool that enables professional recruitment companies to benchmark their performance against their peers. Using key, industry specific business measurements, it is designed specifically to meet the requirements of the recruitment business.
RIB membership provides your recruitment consultancy with true market leading comparisons – vital in the modern business environment – far ahead of anything that internal or informal measurement can provide.
Each month members input their operational information via our secure website. This information is then processed into bespoke reports which are available to members within a matter of days. The process is completely confidential and is quick and easy to use.
RIB staff members are always available to answer any questions that members may have and a member of staff will take all new members through a quick and simple induction.
RIB takes all new members through a simple induction process to ensure they can start benefitting from their reports as soon as possible. Ongoing support from industry specialists is also always available to answer questions and for quality control.
Our membership is made up of a broad cross section of the recruitment industry, representing all shapes and sizes of companies. It′s no coincidence however that our members have won numerous awards in the recruitment industry and also in the wider business environment. The knowledge they gain through the RIB Index enables them to stay ahead of the competition.
The Monthly Index Report benchmarks your performance against other RIB members for the month in question Our Historical Analysis Report charts your performance over a period of time enabling you to see your improvement at a glance
Identify strengths and weaknesses in your performance based on real information on what is happening in the marketplace, right now. Quickly implement informed strategic decisions to drive improved business performance and meet the challenges of the dynamic recruitment marketplace
Why should I benchmark?
“We saved £250,000 by acting on just one insight provided by our RIB reports”
Richard Grace - Managing Director, Gordon Yates Ltd
“RIB helped us recognise that our rebates were higher than the Median. Focusing on this area we were able to reduce our rebates by 70% across a 4 month period, with very definite benefit to our bottom line”
Chris Chandler - Managing Director, Phee Farrer Jones
“By measuring themselves against industry peers, every organisation can target where they are most effective, where they are least effective and how they can manage costs more effectively”
Romney Rawes - Founder of the RIB Index