2012 was a year of mixed fortunes in the recruitment industry as the retail and financial services sectors were hit hard. The industry as a whole outperformed the rest of the economy, growing by a total of 4.3% for the year. With inflation set to hit 3.5% in 2013 and low growth forecasts, the challenge is to stay flexible and adapt to the ongoing changes in the market.
The recruitment market
Unemployment fell to 2.49 million, the lowest for 18 months, in the quarter ending November 2012. Correspondingly, the number of people in employment rose by 90,000 over the quarter and was up 552,000 on the previous year. However, unemployment in 16-24 year olds rose slightly and currently stands at 20.5%, against an overall rate of 7.7%.
Despite the much-publicised job losses in the retail sector, the number of adults in employment is at its highest since records began in 1971. Furthermore, the unemployment rate has been steadily falling since it peaked at 8.4% in April 2011. This is due to the number of jobs created by small businesses, which account for the bulk of new jobs but receive little attention.
Predictions for 2013
The REC (Recruitment and Employment Federation) predicts further growth for 2013 but at a lower rate than 2012. Changes in working practices, recruitment polices and the use of technology will see profound changes in the job market over the coming months.
Flexible working amongst managers and professionals is set to increase, while corporate and public sector clients will likely move recruitment back in-house. Social media and the mobile web will become increasingly important for job searching and access to real-time information about future employers will make the market more transparent. Online assessment and live video interviewing are also set to take off in the next 18 months, challenging recruiters to stay ahead of their clients and competition.
2013 will probably see skills gaps develop in some sectors, with employers struggling to find the right candidates. Recruiters who can move quickly to focus on these areas will be well-placed to take advantage.
This is where Printware comes in
Reacting quickly to changes in the market is only possible if your infrastructure allows it. Efficient processes, control of your budgets and constant feedback are essential if you’re going to stay flexible.
This was the opportunity that presented itself when Printware was asked to overhaul the print infrastructure of a nationwide recruitment company. With aging hardware spread across 35 sites, a complicated admin process and no cost transparency, the client needed to make drastic changes to stay competitive. Rapid expansion and the opening of 40 new sites meant that a streamlined and flexible solution was essential.
Printware implemented a consistent print strategy across the business which brought all hardware under a single service plan and greatly simplified the ordering and invoicing processes. Hardware, service and supplies can all be delivered where and when they’re needed with new printers simply added to the existing agreement.
Intelligent software delivers much greater security over the print network and the potential to reduce print volumes by over 20%. In addition, it provides complete strategic and operational control over all devices. The information gathered issued to review print strategy and indentify areas to improve, reduce costs and drive efficiency.
Choose the right partner
If you want to be ready to meet the challenges of the ever-changing recruitment sector, you’ll need a print supplier that’s as nimble as you are. Call one of our experts on 023 9262 3300 to see how Printware can help move your business forward.
by Anthony Morgan