The UK skills shortage has been constantly on the news as of the last few months, and that is no surprise with unemployment rates reaching 4% earlier this year, the lowest in over 40 years. The Employer Skills Survey conducted by UK Commission for Employment and Skills (UKCES) has revealed that nearly 1 in 4 jobs now goes unfilled due to a lack of skilled workers.
For recruiters, that means the talent pool is smaller and much more competitive, making it harder than ever to attract the right candidates. And on top of that, it means clients are increasingly unsatisfied as roles go unfilled and recruiting takes more time and resource.
But that doesn’t have to be a bad thing. Recruitment businesses have an unparalleled chance to turn this challenge into an opportunity.
There are over 1.6 million self-employed people in the UK who could potentially offer the skills businesses need to grow and fill the skills gap. And it’s up to recruitment businesses to make the most of that and bring self-employed professionals into their worker portfolio.
Recruitment agencies can encourage self-employed professionals to take up temporary roles through a number of initiatives such as employee benefits for temps, pension auto-enrolment and more.
Besides taping into the self-employed skills pool, by offering those benefits, recruitment agencies can also attract temp workers who work for other agencies into their portfolios. And with employers ever more concerned by how agency workers are treated, benefits such as health and wellbeing support can also be a key differentiator when winning clients.
For many recruitment businesses, managing PAYE, sourcing and offering employee perks and taking care of pension auto-enrolment for temporary workers might seem too distracting from their core business: recruiting.
That’s why Hive360 offers all round employment solutions that allow recruitment businesses to stay focused on developing their recruitment portfolio.
By using the PEO model, we are able to offer perks such as 24/7 NHS approved GP telephone services, 1000s of lifestyle and shopping discounts, health and wellbeing advice, training, while also managing payroll, pension auto-enrolment and offering HR support.
Candidates and internal staff can access all of their benefits through our groundbreaking app, where they can also view their GDPR compliant payslips and track their pensions investments. The app can be customised with the agencies brand, strengthening the relationship between recruiter and candidate.employee benefits, employment model, Hive360, HR, PEO, Recruiter, Recruitment, Recruitment Agency, Recruitment Business, Skills shortage
Become recruiters of choice
It's been a week since we've exhibited at Recruitment Agency Expo London. During the event we met a lot of industry peers and heard about the challenges recruitment businesses face. With the talent shortage, highest employment rate in decades and other factors playing a part to create an ever more competitive market, it's become key for recruitment agencies to stand out in order to both attract and retain talent and win clients and Hive360's service model is tailored for that.
POSTED ON Wed Feb 2019
Come talk to us at Recruitment Expo London…
The Recruitment Agency Expo London is the UK’s biggest event for the industry, featuring over 100 cutting-edge exhibitors and 50 leading experts talking about recruitment trends, future of work and more. Come meet us there!
POSTED ON Tue Jan 2019
3 recruitment Trends to watch in 2019
With Brexit due to happen by the end of March and uncertainty impacting the recruitment industry, it is important to keep an eye on the bigger picture and plan for the long run, and that means watching and adapting to trends faster than ever. Here are the top recruitment trends to watch in 2019.
POSTED ON Tue Jan 2019