The past two years have seen an incredibly active labour market, partly fuelled by the “great resignation”, when a large number of workers resigned during the pandemic. This caused an intense. However, as the UK labour market starts to cool down, recruiters across the country are facing a variety of problems:
- Lack of candidates
A study by Gartner recently found that more than a third of job hunters had received, on average, four job offers during their search. Regardless of having accepted an offer, many candidates also stated that they would be open to rival offers.
- Increased expectations
Applicants also have higher expectations for their next role, which can create difficulties for companies who may need to increase their offer to be competitive. Not only are they looking for salary, but they are also looking for career progression, work-life balance, and potential remote working opportunities, among other things.
- Increasing inflation
Although companies continue to increase their pay rates to combat cost of living, salary dissatisfaction remains high. This is creating problems for some recruiters who are struggling to meet these expectations.
Nevertheless, there are a few areas where recruitment continues to thrive, notably tech and artificial intelligence-related jobs, including those in engineering and analytics. While companies intend to hire less people in the near future, competition for staff still remains strong and shortages still exist across a variety of industries.
Recruitment Solutions have a variety of jobs available in a variety of industries, including industrial/warehouse and driving. If you are interested in learning more, please visit our website at www.rsuk.biz or give us a call on 01392 430800 to speak to a member of our team!