The Recruitment industry has enjoyed consistent steady growth since the financial crash of 2008, naturally this is the biggest challenge the employment industry and the recruitment industry has had since then
There are now slower falls in both the perm and contract market since July, its slowly turning thankfully both clarified by KPMG and the REC in their own jobs report for July.
Of course, there are regional variations on all the stats however the trend is changing and HOW we do this may continue to alter such as home working therefore the worker ad the hiring company need to be agile, not all business can do this as their services maybe labour intensive and require a physical or “hands on approach” more than others
Although the whole picture has changed we will recover!!
Skills and demand will change and so will a re-focus on adaptable skills
As the demand for certain skills continues to change, and a focus on re-skilling continues to grow, recruiters need to take time to understand the changes and adapt their offerings to meet market needs.
Most hiring business are looking to either to strengthen their core business or to diversify into more attractive niche markets.
For those that don’t take the time to understand and adapt to the new environment and reassess their strategic priorities, opportunities for growth may be more elusive.
My Prediction is that the market will see a rise in temporary contact over perm recruitment until the economy is in a more solid place, temp to perm will be a reality, so therefore the job seeker needs to be more flexible than they have ever been or long term periods of no work
We all need to adjust and show agility and we will get through this