Recruitment outlook for 2022

After what was a demanding 2020 across many industries, 2021 has been quite the opposite. A surge since the beginning of this year has led to 8 year highs in recruitment, and these times appear to be here to stay.

With a changing dynamic in the way we all work, companies and their employees have had a challenging few years, with many employees now evaluating their personal situations with much finer detail.

Match this scenario with huge demand for talent, and here’s your perfect storm for a candidate.

The high levels of recruitment this year are undeniable, but its important to consider the knock on effect this has had on the market as a whole, creating its own unique challenges.

As we see with supply and demand, one drives the other but the force in play really has been demand, with many of our candidates entertaining 3 or 4 individual offers at any one time.  The competition for the best talent ultimately has led to increases in salaries being offered, and forced many banks into paying the top end of their budgets. But is this sustainable at this pace? And how do companies now adapt their recruitment processes to ensure they are securing the best candidates?

Get in touch for a chat and an opportunity to learn some insight for the year ahead in your market.