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Recruitment

Advice and articles to help you focus on the success of your people, your customers, and your organisation.

Verity Ramsden-Hare

Head of Marketing - Recruitment Division

Few recruitment businesses can function without their systems up and running. It isn’t just about the protection against a potential disaster, a malicious attack, or a catastrophic error that is important, it’s the action plan for getting back up and running as quickly as possible. Speed of recovery can make a huge difference. Take too long and your agency could quickly lose money and clients, and bad experiences can lead to potentially reputational damage.

One of the advantages of moving business systems and software into the cloud is that the IT headaches associated with back-up and recovery planning are simply removed.

What’s more, the cloud is the simplest and most effective way to deal with crucial problems.

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Harry Whysall

Recruitment Industry Expert

Feeling tired all the time? Do you go into the office everyday feeling micromanaged? Are you fearing the worst from all candidates you send to new roles?

Then you could be well on the way to a nasty case of recruiter burnout. And trust us - nobody wants that. 

Review your answers to our seven quick questions to spot whether you or one of your colleagues is suffering from burnout blues.

Just answer the questions below and then read what the results have to say about what we like to call your burnoutability…

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Verity Ramsden-Hare

Head of Marketing

Just a few months ago it was reported that the UK job market is at a record high of 76.2% with the lowest level of unemployment since 1974.

Add into the mix the fact that those in those in employment are changing jobs less often. Even millennials, once seen as constantly on the move with their portfolio careers and gig economy opportunities, are actually now switching roles far less than they used to. 

So with UK employment booming and people sticking with what they know, the pressure of candidate shortage is not going to let up anytime soon.  To make matters worse for recruiters, competition is fiercer than ever – with around eight and a half thousand new agencies having set up last year – more than a 200% increase in less than ten years.

The bottom line: recruitment businesses need to ensure they can operate as competitively as possible. But when margins are tight and candidates are in short supply, it’s a big ask.

So, what can be done?

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James Ramage

Finance and project-based accounting expert

Currently worth over £35bn to the UK economy, the recruitment industry has shown an ability to adapt where other industries have struggled. However, keeping this part of the economy thriving will require foresight, preparation and innovation. While the recruitment industry is flourishing, it is still subject to a fast-paced, ever-changing world that shows no sign of slowing down in 2020. Changing work cultures, new regulations and technological advances are just some of the things presenting challenges and opportunities to businesses and finance leaders this year.

So, what does the future have in store for your recruitment organisation? Make sure you’re one step ahead — read on for what you need to prepare for, as well as advice for how you can make 2020 your best year yet.

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John Bolton

Marketing Executive

You’re probably thinking there’s nothing rock and roll about payroll, right? Rock and Roll is for bands, who play live shows, record albums and release music videos to keep their fans happy. Devoted fans, in return, give unconditional loyalty, merch/record sales and collectively sing less tuneful, passionate renditions of their songs back to them at gigs. 

So how does payroll fit in?

Just as bands are influencers to their fans, your payroll team has a huge influence on your company’s morale. Efficient payroll keeps your clients stress free, your contractors cared for and your employees happy. Put it this way, a band might have the looks, but if they can’t play their instruments the fans obviously won’t listen. Similarly, no matter how great your recruitment business is, how much your employees enjoy the culture, or your contractors take on more roles, no one works for free.

So, don’t let your recruitment business slip down the charts with our tips for managing your payroll that we’ve learnt from experience:

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Andrew Forster

Recruitment Industry Specialist

Your back office is the back bone of your business.

It will determine whether you grow straight and strong, or whether it’s a rocky and bent ride that throws you off balance at some point.

A huge part of that back bone is your payroll systems and processes, and your ability to bring in, and send out, the right amount of cash at the right times. Thankfully, the days of filling in the ledger with ink by candlelight are long gone and technology has made life easier, but that’s not to say we still don’t face challenges. A host of common mistakes and challenges remain and how we deal with them says a lot about the type of employer you are and will be.

Here’s some challenges and what you can do to conquer them:

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Raja Nawaz

Recruitment Industry Specialist

Do you know what the hardest part of running a recruitment agency is? It’s not finding the right office, or finding candidates or even getting clients. It’s not even retaining your recruiters. With enough persuasive arguments, charm and wit, you can keep anyone in the door. However, no amount of smart talking is going to keep cash in your business.

You cannot talk your way out of invoicing someone and nor can you tell contractors to wait for their paycheck at the end of the month. Cash is king for a reason, because it keeps everything working, and as long as you have cash in your agency, you have the ability to operate.

This is why payrolling becomes one of the biggest headaches for us all, especially if we’re recruiting in the contractor market. Money is flying out of your business before you have time to invoice clients for it.

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Damian Oldham

HCM Divisional Director

As we go full steam ahead into a brand-new decade there has never been a better time to revolutionise your approach to in-house recruitment.

In the wake of a transformative 2019, where we witnessed significant technological changes in the realms of GDPR, AI and automation, there are now a multitude of tools and strategies to add to your recruitment arsenal, enabling you to drastically up your game when it comes to the candidate experience.

But what exactly are the key challenges facing in-house recruiters as we move into 2020, and how can you leverage the latest innovations to improve your talent acquisition strategies?

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Tim Needham

HR Industry Expert

In recent years a paradigm shift has been taking place in the recruitment world and it pertains to how employers are hiring. The old-hat approach of simply screening candidates for skills and experience is rapidly becoming outdated.

But what’s now in favour?

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Damian Oldham

HCM Divisional Director

Today’s workforce is becoming increasingly varied in terms of age. With many organisations employing people from up to four unique generation groups, it’s no surprise that a one-size-fits-all approach is rapidly going out of fashion.

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