The latest labour market update by the Office for National Statistics has shown a boost in the number of jobs advertised so far in 2013. The figures suggest a much healthier outlook for the employment industry as a whole which, hot on the heels of a 5-year baron spell, has seen companies struggle to stay afloat amidst a turbulent financial climate at best.
In light of the report, the Reed Job Index for May this year also reports a 17% increase in job availability over the last twelve months. What’s more, it also finds a 8% increase in advertised jobs on its website since last month (April 2013) alone.
James Reed, the website’s chair, said of the report that “there are strong signs that the growing health of the jobs market will continue to help drive the economy forward.”
So what does this mean for hiring companies?
Most importantly, it means that more UK-based companies are ticking the right boxes when it comes to managing their recruitment policy and business-growth.
If the past few years have taught companies anything, it’s that they must hit the nail on the head when it comes to expanding their workforce. Any slight slip of judgement could potentially be an extremely costly one, so it’s vitally important to get things right the first time around.
In short, companies are becoming more savvy with their whole recruitment process, from posting job advertisements in the correct places and efficiently screening their applicants, right through to their interview techniques and final handshakes.
And the knock-on effect?
Since more and more companies are playing their cards the right way, it brings around more competition in attracting those potentially stellar candidates that every business wants to employ. In other words, there are more fishermen at sea all trying to catch that ‘big fish’, so it’s your responsibility as a hiring company to make your net as wide as possible to land them.
At HiringMadeSimple.co.uk we lend you all the tools and advice you’ll need to do just that, giving you that edge over competing businesses also on the prowl for new talent. And what’s more, we provide them at a much more palatable price than any ‘professional’ recruitment agency would.
To learn more about our services – and how they can help your company join the rising few who are clocking on to modern recruitment techniques – visit our homepage at HiringMadeSimple.co.uk.