STAFF SUPPLY SHOCK HITS UK INDUSTRY

August 14th, 2018

Local businesses are raising starting salaries in efforts to recruit staff, whilst putting up the wages of existing workers to retain staffing levels.

Britain’s unemployment rate has plunged to 4% – a level not seen in more than 40 years. Added to a fall in EU nationals coming to the UK post-Brexit, 40% of employers are finding it more difficult to fill vacancies during the last 12 months due to a combination of fewer and less suitable applicants.

The number of EU-born workers in the UK increased by 7,000 between the first three months of 2017 and the same quarter this year – compared with 148,000 during the same period in 2016 to 2017 – a 95% drop!

The number of people in work has also increased to 32.39 million. The drop in EU nationals, combined with UK unemployment falling to its lowest in 40 years has created the perfect storm – a “supply shock” – which many recruiters across the country are dealing with at present.

Here at On-call recruitment though we continue to work hard filling your vacancies, looking into work history and backgrounds even more than ever. We are engaging more with candidates to ensure the correct fit is available in terms of work opportunity, pay and career path.

And our message is that employers need to ensure they can provide the opportunities without delay and not become complacent.

If you wish to discuss any of the above with our team, please call us on 0115 8715 990 and we will be happy to go through our recruitment plans and ensure your vacancies are given top billing.

*FIGURES FROM THE CHARTERED INSTITUTE OF PERSONNEL AND DEVELOPMENT