Are You Nervous About Recruiting Following Brexit?

Submitted by Mark on 27th October 2016

Post Brexit; people; recruitment; technology; employers;

Has the news around Brexit left you feeling fearful for the future? If so, you are not alone. A report from CIPD and Adecco has found that the number of employers planning to hire new recruits over the next three months has nosedived from 40% to 36%, with the fall being ‘significantly higher’ in the private sector.  

It’s no surprise that businesses are taking a cautious approach, especially when you consider the fact that even the politicians leading the changes seem to be uncertain about what the future holds. Recruitment can be a costly process, and keeping a close eye on your spending could be considered as a sensible strategy.  
 
Before deciding to batten down the hatches though, it’s wise to think about the bigger picture.  The adage that “your people are your most important asset” has never been truer, and if you have growth on your agenda, then you’re going to have to make sure that you’ve got the right people in place to take you forward.  Recruitment should be an investment, rather than a cost, so any big decisions should take into account your wider goals and objectives.  
 
Savvy employers may also be looking at alternatives. Traditionally, bringing fresh ideas into a business involved recruiting new members of staff for the longer term. It could be time to ditch this approach. It may be possible to bring in temporary staff or consultants to help you to tackle your key problems.  
 
These days, the talent pool is wider than ever before, and you don’t even necessarily have to find someone who can travel to your premises. Technology is a gift for business owners who use it wisely, so don’t be scared to step away from your usual business practices.  
 
If you’re struggling to work out what you should do for the best, then it may be time to call on some professional advice. We can help you to establish the right course of action for your business, keeping both economic uncertainty and your overarching strategic goals in mind.  Give us a call on 01604 763494 or contact us via the contact form on the right of this page for initial advice.