The pandemic has hit hard, and the UK government’s response to protect the population has put the economy in a downturn we’ve not seen in generations. Measures to help protect businesses, from furlough options to loan schemes, have been rushed into place to give companies, and workers, a chance to find a way through.
For the recruitment sector, like so many others, the past couple of months have been tough, having to deal both with dramatic downturns in demand as some businesses contract to survive, and surges in other sectors as the emergency creates a new set of demands. Our Life Sciences team has seen a significant increase in business while elsewhere we’re having to work harder to achieve the same results as before. As ever, the key to survival and success is agility and resilience.
How has recruitment been affected? Unlike the 2008 recession, recruitment is not being slowed down or halted as a result of a lack of funds but because the businesses themselves are paralyzed until some of the uncertainty about the future is lifted. Many organizations are seeking to downsize, furlough or lay people off, very few are looking to increase the size of their workforce. Some recruitment agencies saw as much as a 70% drop in new permanent jobs being briefed.
Where recruitment is still taking place, the rules on social distancing have made it incredibly tough and those businesses handling this process have had to be resourceful and swift. Interviewing via Skype, Zoom, or other video conferencing facility, once a growing but still minority option, is now the only way to do business and we’re unlikely to go back. Read more here…
Source: The Staffing Stream