With a new Government, legislation changes and the budget looming, adjusting to the rapidly changing recruitment market is becoming more and more challenging. Companies are finding it essential to adapt their strategies to attract and retain top talent.
This means placing a stronger emphasis on flexibility and streamlining recruitment processes is becoming increasingly crucial.
As the landscape continues to evolve, organisations should remain proactive in their response to labour market changes, stay informed of industry trends, and turn challenges into opportunities.
The Facts:
80% of UK businesses are persistently filling difficult jobs.
Job postings have reduced dramatically between June 2023 and June 2024.
The net employment balance is showing a negative result for the first time in 7 years.
Pending Employment Law changes cause unrest, and hesitation to hire.
Many businesses are avoiding hiring due to fears over a changing employment landscape, frustrations with recruitment struggles, or concerns over the cost.
Despite these figures, organisations are still pushing for growth with a careful, and somewhat contradictory, balance of redundancy and recruitment plans on the agenda.
Meeting business demands, retaining in-house skills, and sticking to budgets can be a hard task, especially in an unprecedented economic market.
Our advice? Adopt a robust recruitment strategy, and enjoy the benefits:
Don’t lose out on the best candidates due to lack of time, or market knowledge.
Minimise concerns over suitability, with thorough resourcing techniques.
Improve candidate experience and reputation with efficient processes.
Don’t waste your budget on replacing “bad-hires”.
Ensure changes are understood and embraced, not feared.
Check Out our Recent Blog Post: Flexible Working Changes
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Here’s how we can help lessen the burden:
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Temporary to Permanent Recruitment
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Temporary Supply
Hire workers for flexible short or long-term cover. Scale up quickly, control costs, and enjoy the most flexible hiring option for your business. Perfect for sickness and holiday cover or meeting increased seasonal demands.
Whether you’re struggling to source the right people, combating hiring burdens, or running out of hours in the day, don’t hesitate to contact us if you need some advice.
No commitment, no up-front fees, just a confidential chat to see whether we can support you or point you in the right direction!
Tailored recruitment solutions, delivered by experts.
Data Sources
The REC | Labour Market Tracker (Summer 2024)
The CIPD | Labour Market Outlook (Summer 2024)