BUSINESS
THE GREAT RESIGNATION Joe Brown, Managing Director of Peopleforce Recruitment looks at how best to face the challenges of the current labour market
It’s been almost a decade since we launched Peopleforce Recruitment, way back in 2013. During that time we’ve helped dozens of businesses, big and small, face their recruitment challenges, across sectors as diverse as aviation, pharmaceuticals and information technology. Throughout all of these industries and inside almost every sector we speak to, we see that they’re now experiencing some of their hardest hiring headaches to date. British businesses, in particular, have been faced by a double-whammy of difficulties - which are largely none of their own making. Brexit, for starters, has reduced the talent pool across the country, as perhaps made clearest by the shortage of lorry drivers which caused such chaos last summer. And there’s now murmurings from the finance industry – one of Britain’s most highly prized sectors – that we’re facing an imminent shortage in foreign workers.
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But it’s not just Brexit bureaucracy that’s to blame for the current skills shor tage. The repercussions of COVID-19 have undoubtedly spread into the labour market too.
Above all else try to avoid a one-size-fits-all approach, and be willing to adapt ❜❜
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According to economists we’re now feeling the effects of the ‘Great Resignation’, with employees leaving the workforce or switching jobs in droves. In light of the pandemic, older employees are opting for early retirement, while younger staff, backed up by a buffer of lockdown savings, are becoming emboldened and walking away from jobs that don’t meet their demands.
