Staffing Industry Metrics is a global business intelligence platform created exclusively for the staffing and recruitment industry.
Formerly RIBreport (est. 2003), SIM is the digital evolution of this highly regarded benchmark and peer comparison reporting service. Praised as the "most exciting innovation the staffing and recruitment industry has seen in a long time", this world-class data dashboard is relevant, affordable and accessible to firms of every size and in any location with Internet access.
KNOWLEDGE IS POWER
To build a great business you need to KNOW what great actually looks like in today's market. Asking friends and colleagues might provide a little insight but it probably won't give you the full picture. In business it's very easy and common to under or over estimate your performance. Thinking you're good when you're average is fatal, thinking you're average when you're good can lead to burn out along with the missed opportunity to enjoy or celebrate your hard earned success.
Benchmarking your performance will ensure you know where you stand and what lies ahead if you are to achieve greatness. Thinking you're good is one thing, knowing you're good is another, it's exhilarating!
That's the reason we've created this simple-to-use, world-first online interactive platform that brings measuring performance, growth and financial management alive.
FACTS AT YOUR FINGERTIPS
Using SIM to track your performance alongside the aggregated data provided by our members allows SIM users to gain a much clearer understanding of current market performance and efficiencies.
If you love a challenge, want to know how good you are and how to be even better, the SIM dashboard is for you. If you want consistent, relevant insights and information across all levels and locations of your organisation, SIM can deliver that too.
Already, staffing firms in 15 countries are using our dynamic reports to better understand:
- Internal and external trends;
- Gross profit (Net Fee Income);
- Perm, Temp and Contract business;
- Cost control;
- Productivity including productivity cost efficiencies; and
It takes as little as 10-minutes a month to input your data, and you can access your bespoke reports with peer group comparisons 24/7.
Traditionally, collecting and managing this type of performance data was a tedious, manual task.
Now, with a simple to use, cloud-based private platform we are able to streamline your business data. And then provide a fresh, comprehensive, unbiased insight into the metrics and trends that matter most to you.
From any internet connected device, at any time, you can access more than 50 graphical reports including industry trends and your chosen peer group comparisons.
Absolute anonymity is guaranteed. Members cannot see the results of other individual firms but you can use data mining filters to drill down into specific aggregated comparisons such as team size, number of locations and key sectors.
Multiple users can log on from their personal dashboards, meaning staff from branches, both local and international can simultaneously input data, see real-time updates and view or export the reports most relevant to them. Instant currency conversion and the ability to add comments complete the truly global experience.
It's no secret; the staffing and recruitment industry is a fast-paced and dynamic world. Industry trends are constantly changing and best practices continue to evolve. Can you really afford to be working in the dark?
We're helping staffing and recruitment firms around the world answer the tough questions:
- How does my business performance really compare?
- Are we as profitable as we should be?
- Have my sales grown faster than others?
- Am I spending too much on my staff?
- What should I be spending on marketing?
- How do my temp or contractor margins compare?
- Do I have the right revenue balance?
We answer at least 50 of the questions that are frequently asked by staffing industry professionals around the world.
That's a fact!