FOCUS ON RECRUITMENT: Pressure on Pay Rates
Posted on: 15/07/2021
Recruitment is back with a bang! After over a year of relative inactivity, the gradual easing of lockdown has brought greater certainty across the local business community, and it seems everyone is in the mood for recruiting.
This is great news and proves that the economy is finally on the path to recovery; however contrary to popular belief the available candidate market across all sectors is as tight as I have known in over 20 years in recruitment and this is making recruitment challenging to say the least, and we as recruiters are having to find new and innovative solutions and investing in additional resources.
Every day for the last few months I have been having conversations with existing and prospective clients about recruitment plans, and I have been working hard to dispel the myth that there are great candidates on the market who are desperate to take opportunities for low pay rates.
The good news is there are still candidates out there looking for work, but it is a sellers’ market, and to attract these people we are going to have to come up with standout product offerings in terms of pay rates!! With the annual Christmas recruitment drive just around the corner, those that choose not to will be left behind.
Only time will tell if this shortage of staff can be attributed to the furlough scheme, 12-months of lockdown or post-Brexit Britain; irrespective of the reasons why, the fine art of recruitment is as challenging as ever for companies and agencies alike and this is placing ‘Pressure on Pay Rates’ more than ever before.
This article is featured in the July edition of the Dorset Business Focus magazine. Read on the online version here.
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