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Reflections on recruitment

Hi

It's the time of year to look back and review 2018: a rollercoaster of a year that has still not let us get off the ride!  In this month's newsletter, we review the key challenges faced by recruiting teams in engineering, manufacturing, IT and SMEs. We also bring you news on 2019: the fight for emerging talent, what skills engineers of the future need and how other SMEs feel about the new year. 

Warm regards from the team at ETS

 
 

What skills do the engineers of the future need?

In the grip of a choking skills shortage, the engineering sector faces tough questions of how best to attract new recruits and equip them for lifelong employment. Demand for engineering skills in the UK could mean onboarding as many as 265,000 new recruits a year through to 2024, equivalent to the population of Plymouth, every 12 months. That is a lot of engineers...

Read more »

Are you fearing for your SME business for 2019?

New research by Nucleus Commercial Finance reveals that 74% of UK SME leaders are fearful about what 2019 holds. The majority of SME leaders have concerns about the impact one or more external factors will have on their business. Brexit leads the way (27%) and is closely followed by:

  • The sudden loss of a major client (18%)
  • A repeat of the 2008 banking crisis (17%)
Read more
 
 

Architecture & Construction & Engineering

Candidate scarcity is the principal challenge in this sector, affecting 91% of respondents. Lack of recruitment marketing budget and lack of brand awareness are the next key challenges for the talent acquisition teams in the architecture, construction and engineering sector.

Source2018 UK Candidate Attraction Survey by Eploy

Technology & Telecoms & Software

The biggest issues to talent acquisition in the IT sector were lack of marketing budget, lack of brand awareness and, unusually, 19% of respondents reported too many candidates. This was the only sector this was noted in.

Source2018 UK Candidate Attraction Survey by Eploy

 
 

Industrial & Manufacturing

Candidate scarcity is the principal challenge in the Industrial and Manufacturing sector, with location being the second key issue to talent acquisition.

Source2018 UK Candidate Attraction Survey by Eploy

Under 250 Employees

The biggest sourcing challenge for SMEs with under 250 employees in 2018 was candidate scarcity.

Source2018 UK Candidate Attraction Survey by Eploy

 
 

UK economy set for slowest growth since 2009 BCC Warns

UK economic growth could slow to its lowest level since 2009 over the next two years as business investment and the pound are hit by Brexit uncertainty, according to the British Chambers of Commerce.

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Book Corner

The Hero Factor: How Great Leaders Transform Organizations and Create Winning Cultures by Jeffrey W. Hayzlett  discusses the importance of a strong company culture as the backbone of any successful business. Companies with leadership that dismisses the importance of transparency in today’s world are more likely to be called out for not living up to the mission statements on their websites.

 
 

The fight for emerging talent in 2019

With the labour market at, or close to, full capacity, 2019 is going to be an even bigger fight for emerging talent. Here are the key stats from the Labour Market Outlook and ONS.

Watch now »

How to attract Millennials to your company

With the prediction that Millennials will make up 75% of the global workforce by 2025, it's important for your company to understand what makes them different and how to attract them to your workplace....

Watch now »
 
 

Festive opening hours

Please note that we will be closed for the Festive Season 
from 5pm on Friday, 21st December until 830am on Wednesday, 2nd January 2019

 
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