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Agenda
Economic and Jobs market overview Talent crisis The recruitment landscape is changing fast!
Winning ways to compete People high up in the strategic mix Attract, retain and motivateREC’s role ‘Recruitment as a career’
How Apprenticeships can help, pros and cons Good recruitment campaign
Economic trends
No double or triple-dip recessionThe recession in 2008 was deeper than previously estimated Gross domestic product (GDP) during that time is now estimated to have dropped by 7.2% from peak to troughThe ONS confirmed that GDP grew by 0.3% in the first quarter of 2013 and a further 0.6% in Q2 2013PMI index showed strong growth in all three sectors of the economy manufacturing, construction and services OCED predict growth of 1.7% across the second half of the year Economic forecasts 2.2% growth in 2014
ONS (June 2013)
REC Report on Jobs Temps rise at fastest pace in 15 years!Perms strong growth 61.3, if over 50 it indicates growth Vacancies increase at sharpest rate in 6 yearsStarting salaries strongest figures in 5 and a half yearsTemp rates rise for seventh consecutive monthSkills shortages include: engineering, professional media/PR, IT, sales and railTemp skills shortages: drivers, PAs, engineering
The war for talent
What’s talent? Professional competence Strategic as well as operational Adaptive to change Inspires and motivates
Backdrop An aging workforce Two speed labour market Social attitudes to work Increasing flexibility
How?
Market growth returning Consolation Margin pressure Intermediaries Social media Move to in-house Client and candidate perception
How the winners are competing!
Hour glass market
Niche – an inch wide and a mile deep
Low cost model and scale
Can’t be both!
Where to invest, how to differentiate
Either model is about;
Relationships Sales capability Customer service And always great management
REC your partner in developing your people
Ofqual recognised qualifications Professional Institute Extensive training (in-house and open) Apprenticeships
Apprenticeships in Recruitment | Building the future of recruitmentThe new apprenticeships in recruitment have been designed with your needs in mind. Built to help you attract and develop talent
Things couldn't be more straightforward. We have devised a comprehensive set of resources to ensure that you have all the facts at your fingertips.
Register your interest now: www.rec-irp.uk.com/apprenticeships
IRP Advocacy Programme |Set yourself apart as an employer if choiceThe IRP Advocacy Programme is a way for you to demonstrate professionalism through promoting the benefits of IRP Membership to clients, candidates and staff.
IRP enables your business to:•Create a USP as an employer of choice•Attract and retain best recruitment professionals•Demonstrate to your clients that you are the best and that you invest in your people•Keep your staff engaged and motivated•Acknowledge and celebrate the performance of your people through the IRP Awards•Become recognised as a leader in business excellence•Play a key role in helping your industry achieve Chartered Status•Listing on the IRP Advocacy Register•Gives your employees access to lifestyle benefits.
Who Are Seen as Most Professional?
Lawyers Journalists Estate Agents
Teachers Recruiters Politicians
178%
178%
347%
347%
534%
534%
276%
276%
632%
632%
439%
439%
REC’s youth employment charter
Going into schools to provide advice and guidance Position the industry as a career Build you employer branding Developing tomorrow’s talent
The REC Good Recruitment Campaign
Purpose of the employers panelBringing together a group of HR, talent, procurement and business leaders to advise the REC and provide employer insight on the future of recruitment. The panel will provide a client’s perspective on current trends and the recruitment landscape over the next decade. This will be used by the REC to inform our research agenda and the advice we provide to our members
Charter Principles1. Our recruitment procedures are fair and ethical, with specific regard to actively promoting
diversity and inclusion within the workplace; 2. We will exercise recruitment best practice and apply this equally to temporary, contract,
fixed-term, zero-hours and part-time workers; 3. The candidate experience delivered is of a high standard with on-going communication
during the recruitment process including two way feedback for all those interviewed;4. Flexible working arrangements and adaptive working packages are offered wherever
possible as a way of boosting inclusion and attracting talent; 5. Those managing and delivering the recruitment process, whether internal staff or external
providers, work to recognised standards having undertaken any relevant training/qualification and are committed to continuous development;
6. External recruitment providers are signed up to industry Codes of Practice and can demonstrate a commitment to best practice;
7. Recruitment best practice is ensured throughout the supply chain including where different resourcing models such as RPOs or vendor arrangements are in place;
8. Recruitment procedures help to address the challenge of youth unemployment, for example through the provision of apprenticeships and traineeships and by working with recruitment organisations who have signed up to the REC’s Youth Employment Charter;
9. Recruitment procedures are regularly reviewed and feedback sought from candidates and those appointed in order to determine the effectiveness of the attraction and selection processes. These are benchmarked against the latest research into resourcing best practice. Both methods are used to ensure recruitment process is continually improved.