Brexit is the obvious challenge for 2019 but with the uncertainty that surrounds this, there is very little that a business can do right now. We are sitting ducks waiting for decisions to be made. Let’s put that aside and concentrate on the challenges business owners can influence.
- Technology – Whilst human relationships will
continue to form the bedrock for our industry it’s hard to ignore the impact
technology will have on some aspects of what we do. Tech savvy recruiters are
using technology to improve effectiveness and efficiencies to drive up profits.
- Growth Sectors – The obvious sector that is
continuing to flourish is the tech sector. Competition continues to remain
fierce in IT and finance sectors whilst there is promise for further investment
in Healthcare and Construction.
- Talent and Skills – Employers continue to
recognise the importance of staff retention and continuity. With the generation
gaps increasing, employers are forced to change their approach. Culture and
work/life balance have never been more prevalent.
- Diversity – The world is becoming a smaller
place and that makes it even more imperative to embrace all cultures, religions
and beliefs. Ensuring your business does not cut off channels to quality talent
is vital.
- International Expansion – Overseas economies
such as USA, Japan and Europe are looking strong this year. If you can overcome
the demographics, language barriers and you have sufficient cash to invest then
these markets may be a profitable move for your business.
To read more detail click the button below to get access to the full article and our Recruitment Sector Outlook for 2019.
