Jo Hand is the Managing Director of Human Group, has 30 years’ experience in the recruitment sector and is a winner of Susan Dobson North East Female Entrepreneur of the Year Award. In this article from our Future of the Workplace report, Jo looks at how the gradual lifting of lockdown restrictions will impact short term recruitment, and what businesses will need to do longer term to stand out to candidates.
After millions of vaccines have been administered (and this figure is growing hugely by the day), we are seeing a lot more confidence in candidates starting to look for a permanent move in the jobs market. Up until now, a lot of candidates have been staying put, in our view due to worries about not qualifying for the Job Retention Scheme if they became a new employee elsewhere.
In line with this we are seeing a ramping up of permanent roles from companies due to, again, increasing confidence following the vaccines roll out.
Brexit has also had a huge impact with many of our clients avoiding permanent recruitment until they had confirmation as to how things were going to turn out, and whether a trade deal would include tariffs on exports.
One client placed seven permanent roles the day after the Brexit deal was agreed!
They had been wanting to recruit for a year but held back due to their concerns about rising export costs on their products. We have seen similar patterns with other employers regarding permanent recruitment.
“A lot of candidates have been staying put, in our view due to worries about not qualifying for the Job Retention Scheme if they became a new employee elsewhere.”
Temporary contracts are a different story.
In our experience temporary work is usually highly buoyant in tough economic climates such as downturns and recessions.
Granted, the pandemic has been an unprecedented situation, however, we still saw an increase in temporary requirements from the key working sectors such as the NHS, schools, manufacturing, logistics and warehousing. This continues now.
As confidence levels rise, and we see light at the end of this dark tunnel we have been in, temporary vacancies are on the rise also within the sectors that have been quieter during the pandemic. Hiring Managers seem to be springing into action and actively recruiting temporary workers alongside permanent ones as well.
With the rise of remote working changing the wider geographic net for many businesses, employers may need to present themselves differently by emphasising the features and benefits of the two variances; working from home and working from the office. Working from home can mean greater flexibility, better work life balance, savings on fuel and parking and so on. Whereas working from the office, it could be argued, can be better for mental health due to more real life social interaction and feeling the “buzz” of a team working environment.
“Employers may need to present themselves differently by emphasising the features and benefits of the two variances; working from home and working from the office.”
We are told by financial experts that our economy will re-boot and rally to an overall 5% growth by the end of the year, which is encouraging, and by the end of 2022 we are told our economy will grow by 7% and be stronger than it was pre-pandemic.
We have no doubt this year and next that we will see a huge rise (starting post-Easter) of vacancies, both temporary and permanent.
The fastest growing sector will continue to be the Silver Sector as it is called, this is retired professionals going back into the workplace as Interim Consultants.
In summary, as the green shoots appear for Spring, we will see the green shoots of the long path to recovery in our economy.