Worcester-based specialist sales and marketing recruiter, Number Fifteen, reports that the jobs market across the two counties is likely to become increasingly competitive across 2024 due to the continued rise in jobseekers and fall in job vacancies.
Recent research, based on a survey of more than 2,000 employers, has provided an early indication of future changes to the labour market which may impact employers based in Herefordshire & Worcestershire.
In response to higher salary costs, and subsequent reduction in profits during the period of high inflation, 9% of private sector employers plan to decrease staff levels in the coming months whilst 18% of employers are planning to make redundancies over the same period.
Kelly White, Managing Director of Number Fifteen said, ‘As many companies shrink their workforces, it is more important than ever for businesses and candidates to work with specialist agencies.’
She continued, ‘With 28% of marketing employers reporting hard-to-fill vacancies and 13% anticipating significant problems in filling roles, you may want to choose a recruiter that specialises in your field or the field of the role you are looking to recruit. A recruiter within a specialty is more likely to be educated on the requirements of a job and the type of candidate who can excel in that position.’
‘Additionally, we work with employers to utilise inclusive recruitment and selection approaches to help broaden the talent pool and encourage them to have a strategy that explores employee financial wellbeing holistically, such as consulting on existing benefits and focusing on benefits that support the largest living costs for employees.’