Candidate Shortages

Candidate Shortages
The UK is currently facing the biggest decline in job candidates since 1997 (according to the Recruitment & Employment Confederation).

It’s generally driven by:

  • Workers not wanting to switch jobs due to concerns over the sustainability of positions
  • A sudden rise in demand for workers as we are coming out of the Covid-19 pandemic
  • A smaller number of EU candidates
Advantages and Disadvantages of Recruitment Agencies

Has Covid-19 had an impact?

During the last lockdown, many accomplished workers were being made redundant regardless of their abilities. Fortunately for them, they were snapped up by eager employers, so, as you can imagine, they are now wanting stability and security.

But what does this mean for employers?

It means that there are fewer applications to jobs and fewer suitable candidates across job boards. As an employer, this means you need to think about what you are offering candidates to ensure they choose your role over others. Candidates who are on the market have a lot of opportunities, so you need to stand out!

Ways to stand out

Speedy Responses

Don’t wait to reach out to a candidate, fast responses show that you are interested, if they are having to wait for a response, they are likely to be snapped up by someone else.

Offer Competitive Pay Rates

This will attract candidates to your role, it’s an enormously competitive market right now, so your rate of pay will need to be above average if you want to attract the best candidate.

Be Flexible With Your Requirements

In a smaller market, you need to be flexible with what you are asking for. Being too specific could cost you a brilliant candidate with the right skills and culture fit that your company needs.

Company Culture & Incentives

The pandemic has left job seekers feeling uncertain about changing roles, attract candidates with your company culture and an appealing benefits package.

Offer Flexible Working

Candidates are more likely to want to work for a company that offers them flexible working to fit around their commitments. Hybrid working is on the rise due to a demand from job seekers, so this could be something to consider.