Tag: Recruitment

The launch promises to be worth the wait

Oyster Partnership has announced today that they are set to launch a new brand, website and offices.

For Oyster, the re-brand focusses on building something extraordinary for their clients, candidates and for their own people by creating more opportunities, more rewards and greater success.

Oyster is known in the industry to never shy away from growth and development and are determined to reimagine what recruitment can be. With a larger and stronger team, passion for success and drive to steer the recruitment industry in a changing world, Oyster believes it is poised to enact great change in the recruitment industry.

The rebrand welcomes a new postcode in Mayfair, boasts a brilliant new brand identity, and will unveil an entire website redesign! Oyster’s tagline says it all: “Our success is your success” through an ethos of ensuring every client has the right people and every candidate has the right position to excel.

To achieve the rebrand Oyster has partnered with the respected Nottingham-based brand marketing agency, RizkMcCayTribe. The rebrand promises to bring the Oyster personality to life and its core values to the forefront of the talent ecosystem thereby making sure Oyster audiences are front of mind throughout the entire creative experience.

Oyster is sharing its excitement through a social media launch campaign, which has invited people to share experiences they feel are worth waiting for and stand a chance to win a £350 voucher and some enviable goodies.

Sasza Bandiera, MD at Oyster Partnership commented: “As every business knows, the right employee is worth the wait and Oyster’s dedication to clients and candidates is reflected through the quality of our environment and investment in our brand. It’s been worth the wait and we’re eager to share it.”

The biggest reveal to hit the recruitment sector this year, Oyster have kept details of its incredible changes completely under wraps, but M.D, Sasza Bandiera spoke exclusively to TALiNT International as said: “The pandemic brought about new challenges, but also lots of new opportunity for the business. By leaning in, we discovered new opportunities, expanded on what we were doing well, and got rid of what wasn’t so good. We took ourselves on a learning curve to make sure our foundations were all bolstered to allow us to really understand and deliver what both candidates and clients want and need.”

“Overall, we’ve been through lots of internal change over the last 18months: investing in new verticals, training, D&I, automation, bespoke CRM, new processes & procedures and finally a new brand that really represents who we are and where we’re going – all within a fresh new office space in the heart of London. We’ve reimagined what recruitment can be, to support clients and candidates on their journeys.”

“We’re on a mission to 2030. With still lots of goals to realise, everyone at Oyster will have a part to play, even those who haven’t started yet…”

To join the Oyster journey and be part of reimagining recruitment, have a look at their social channels and be in with a chance of winning a £350 voucher. Lots of things in life are worth waiting for. But what’s worth the wait for you?

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Temporary billings rise more than permanent placements

The latest KPMG and REC, UK Report on Jobs survey has found that permanent staff appointments and temp billings have grown at the lowest rate in 16 months in June. While recruitment activity continues to expand across the UK, temporary billings have risen more than permanent placements.

According to the report compiled by S&P Global, recruiters shared that candidate shortages were limiting hiring activity. In addition, with ever-increasing economic uncertainty, low growth was attributed to slower client decision-making. The report also found that overall demand for workers had increased at the slowest rate since March 2021.

Further findings include that the rate of decline for staff availability has been the quickest for three months. Efforts to attract and secure candidates have resulted in marked increases in starting pay; however, salary and wage inflation rates have lessened since May.

Recruitment consultancies attributed lower candidate numbers to:

  • a generally low unemployment rate;
  • fewer foreign workers;
  • robust demand for staff; and
  • hesitancy to switch roles in the increasingly uncertain economic climate.

While overall vacancies continue to increase dramatically, the latest upturn was also the lowest in 15 months. The results also showed lower demand for both permanent and temporary workers at the end of Q2; however, the quicker expansion rate was in demand for permanent workers.

Staff availability declined severely in June, with the deterioration going up to the sharpest for three months with both permanent and temporary labour supply dropping quickly.

Imbalances between the supply and demand for workers also resulted in steep increases in starting pay rates during June. However, as sharp and well above the series average as the starting salary rates are, the rates were the softest since August 2021. Furthermore, temp wage growth dropped to a 12-month low.

Regionally, softer rises in permanent placements were noted in all four monitored English regions. However, North of England saw the weakest increase overall.

London saw the sharpest increase in temp billings at the end of Q2, whereas the softest expansion was noted in the Midlands.

In terms of vacancies, the strongest increase was for permanent workers in the private sector, followed by permanent staff in the public sector. However, the former saw a notable drop in growth in June compared to May. The softest rise, although still marked, was in vacancies for temporary workers in the public sector.

When looking at the results by industry, the data signalled steep increases in permanent staff demand across all ten monitored employment categories. Hotel & Catering showed the sharpest upturn in vacancies overall, with IT & Computing and Nursing/Medical/Care following.

Higher temp vacancies were seen in nine of the ten monitored job categories at the end of the Q2, with Hotel & Catering at the top of the rankings. Retail was the only sector to show a drop in demand, even though the rate of contraction was modest.

Neil Carberry, Chief Executive of the REC, commented: “The labour market is still strong, with demand for new staff high. That said, today’s data show that we will likely be past the peak of the post-pandemic hiring spree. That pace of growth was always going to be temporary – the big question now is the effect that inflation has on pay and consumer demand over the course of the rest of the year. Whether we will see the market settle at close to normal levels, or see a slowdown, is unpredictable at this point.

“Part of the reason for unpredictability in the market is a slower economy accompanied by severe labour and skills shortages. These are already proving a constraint on growth in many firms. The government should be thinking about how to ensure all its departments enable greater labour market participation and encourage business investment funds to help address this.

“It is important to note that plenty of hiring is happening in this tight market – there are candidates out there for firms who get it right. Skilled recruitment professionals are at the heart of this, making a difference to opportunity and growth for companies and workers.”

Claire Warnes, Head of Education, Skills and Productivity at KPMG UK, said: “The apparent buoyancy of the jobs market overall continues to mask some increasingly concerning trends. Firstly, the fluctuations in demand for permanent and temporary workers in some sectors may be showing a sustained downward trend, as it becomes clear that current economic pressures are impacting employers’ confidence to grow. Secondly, the supply of candidates in all sectors continues to decline, with the rate of contraction accelerating to the quickest for three months in June. Added to that, competition for candidates pervades all sectors with employers offering financial incentives to retain talent, so increasing wage inflation. This latest data could be signalling that the UK jobs market may be more fragile than it seems.”

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Brand repositions to reflect new world of work

Recruitment company Hays recently revealed a major brand refresh and repositioning to better meet the evolving needs of organisations and professionals in the new world of work.

With the many changes to the working world since the onset of the pandemic, Hays has evolved as an organisation which they believe has placed them in a better position to meet the changing requirements and challenges of its customers and address, such as:

  • long-term skill shortages
  • new job category creation
  • the constant need to upskill workforce
  • higher wage inflation
  • changing work habits

The company believes that their brand refresh and repositioning signal their increasing focus on delivering to their customer’s needs by providing a wider range of services and support.

They will consolidate their sub-brands, simplify their structure, and revamp their messaging. In addition, the company plans to connect all areas of its business to enable better knowledge-sharing, continual enhancement services, and delivery of a more personalised experience.

The change aims to ensure that customers find it seamless and straightforward to access any aspect of their services and that it is easy to do business with them.

The move follows comprehensive research undertaken by the company in 2021. Their new tagline “Working for your tomorrow” signifies their intention to work alongside their customers to help them achieve their goals as well as putting their customers at the centre of everything they do, looking to the future and anticipating what their customers need to help them make the most of opportunities that lie ahead.

Alistair Cox, Hays Chief Executive, commented: “Hays sits at the heart of what economies need most to thrive – talented workforces – and we know that the creation, development and retention of workforces is becoming more complex. Our business is all about people, so this next phase of our own evolution is designed to better solve these challenges for our clients and candidates. By doing so, we aim to help more businesses and the people in them to succeed in this rapidly changing world of work.

“It is an exciting time to be part of Hays, what we’re doing now will define our success as a business for years to come. The unique scale, breadth and depth of Hays’ knowledge and expertise worldwide makes us stronger in the market than ever before. Bringing the full power of our insights and capability to each customer in an integrated and customer-centric way will create a formidable platform for our own growth.”

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New technology will help reduce TA budgets and advertising costs

Jobrapido, a global job search engine with more than 100 million registered job seekers in 58 countries has announced the launch of the Smart Subscription Service.

The unique and innovative fixed-fee recruitment model, based on performance, aims help millions of direct employers and recruitment agencies across the UK meet their hiring needs in today’s challenging market conditions.

Using advanced recruitment technology, the new subscription model will reduce talent acquisition budgets and annual advertising costs for UK businesses. The new service has launched in Italy and the Netherlands and Jobrapido is planning to roll out the subscription model across more regions in the EU by the end of 2022.

The cost of the subscription starts from a promotional £350 for a three-month period and will allow businesses to have unlimited job postings and change job postings 24/7 without ever having concerns of incurring additional costs. Smart Subscription is now available in the UK with three promotional offers for new customers: 3, 6 and 12-month.

Typically, recruitment costs are dramatically higher – it is estimated (according to research from Society for Human Resource Management, SHRM) that the average cost of one new employee is £3,000+ and takes an average of 42 days to fill an open position.

This first of its kind model also means businesses can:

  • Benefit from unlimited job postings at a fixed cost and from the full power of Smart Programmatic Advertising to access new candidate streams
  • Receive relevant on-demand applications from qualified candidates as well as a guaranteed number of applications
  • Benefit from Jobrapido’s SMART INTUITION TECHNOLOGY™ which continuously scans and matches socio-demographical and behavioural data of all job seekers, building hyper-targeting capabilities and turning them into programmatic campaigns, to only deliver candidates which accurately fit the job positions companies are posting
  • Monitor recruitment progress in real time with a digital dashboard.

Established in 2006, Jobrapido has partnered with many of the leading corporate brands, staffing agencies, fast-growing start-ups as well as multinationals operating in a wide range of vertical sectors including:  Office and Administrative Support, Sales, Healthcare and Personal Care, Food and Hospitality, Business Operations, Transportation and Construction. Jobrapido also works closely with some of the largest and most prominent specialistjob boards across the UK, Europe and other parts of the globe.

The company is headquartered in Milan and has offices in London, Berlin, Amsterdam, Bangalore as well as which recently opened to support the launch of the new Smart Subscription Service.

Rob Brouwer, CEO of Jobrapido made comment: “Jobrapido recognised there was a big gap in the recruitment industry to ensure the talent acquisition needs of millions of small and medium sized organisations and recruiters can be met.

“Many businesses are still in the early stages of getting their business on track in the post-pandemic era and so it’s critical they can keep their recruitment advertising costs low, while being able to guarantee they find the right candidate from applications ­– particularly given such competitive and difficult talent acquisition market conditions.

“Jobrapido’s smart programmatic technology is capable of identifying and delivering on demand only the most suitable candidates at affordable prices. Combining this with our new subscription recruitment model means companies can now reap the benefits of an innovative, personalised recruiting experience based on actual performance; it’s more cost and time-efficient and delivers relevant applications while giving companies the flexibility and scalability they need in very tough market situations.”

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Fundraiser takes inspiration from The Queen’s Baton Relay 

Recruitment company, The Best Connection employment group has announced that they are launching a company-wide baton-relay charity fundraising campaign entitled Tour de Best Connection.

The campaign is inspired by The Queen’s Baton Relay and will comprise two baton journeys. The journeys will start in Glasgow and Truro on Friday 17th June and finish on Thursday 28th July at the company’s head office in Bromsgrove. This is the date for the opening ceremony of the Commonwealth Games.

The business is challenging its employees to pass the baton across the whole branch network throughout the UK.

The batons will travel around 800 miles each and can be transferred through any physical activity, including walking, running, cycling, or swimming, provided they reach their next destination.

The event will celebrate the company’s workforce and achievements over the last three decades. The money raised by the individual branches throughout the event will be donated to a local charity of their choice.

The company has pledged that at the end of the relay, they will match the amount raised across the network and donate this to a national charity selected by the company’s employees.

Neil Yorke, Director of The Best Connection, said: “Tour de Best Connection was inspired by The Queen’s Baton Relay for the Commonwealth Games which this year will be hosted in Birmingham where our inaugural branch was established 31 years ago.”

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Recruitment sector among the fastest growing industries for entry-level roles

New data from LinkedIn has found that demand for recruiters is soaring in the UK. With the tightening labour market, LinkedIn’s data indicates that 2.9x more recruiter jobs were advertised on the professional networking site in April 2022 compared to January 2019.

The same trend has been noted across Europe during the same period with:

  • Germany (5.9x)
  • France (4.3x)
  • Spain (4.2x)

The recruitment industry is a great opportunity for entry-level talent. LinkedIn’s data regarding the fastest growing industries for career starters in the UK shows that the Staffing & Recruiting sector has grown by 65% year-on-year (2020-2021) for entry-level roles.

LinkedIn’s data showed that the fastest-growing entry-level roles in the UK were Recruitment Resourcer and Human Resources Administrator. Roles such as these require candidates with strong people skills, including sourcing, interviewing, and executive search.

Adam Hawkins, Head of Search and Staffing, EMEA & LATAM, at LinkedIn, commented: “It’s great to see that recruiters are in such high demand as the recruitment industry continues to play a vital role in helping businesses navigate a challenging economic and hiring environment. It’s a fantastic profession, particularly for those starting out in their careers, and presents endless opportunities for skills development.

In the UK, we’ve recently seen job adverts outnumber the amount of people unemployed for the first time since records began. As companies struggle to source the skills they need to succeed, recruiters will be more relied upon than ever to advise companies on how they can open up new talent pools and attract top talent.”

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Personality over professional and education, reveals survey

A new survey by small business lender iwoca has revealed the most sought-after skills that small business owners look for when hiring new employees and what impacts their hiring decisions.

With small business vacancies hitting record highs at 575,000 (a 72% increase from the same period last year), the survey revealed that more SME owners are looking for personal skills instead of professional ones when hiring.

The top five attributes were:

  • Honesty (44%)
  • Good personality (38%)
  • A skill set that matches the job description (37%)
  • Experience in a similar position (37%)
  • Good at verbal communication (34%)

According to the survey, the least important attribute was an undergraduate degree, with only 6% of small business owners believing that an undergraduate degree is important when recruiting.

When looking at the impact of recruitment on a business, 15% of small business owners believe that poor hires prevent future company growth and a further 11% agree that it leads to fewer sales.

Flexible working arrangements seem to be one way for new hires to meet their potential. Nearly half of the respondents who offer flexible working believed that these arrangements positively affected productivity. Only 7% said that it had a negative impact.

The survey results indicate that millennial business owners are more likely to offer flexible working arrangements, at 43%, compared to older generations, at 35%.

Seema Desai, Chief Operating Officer at iwoca, commented: “Small businesses employ over two thirds of the nation’s workforce. Some of the perceived barriers to applying for a job, such as having a degree, might not be as high as some job seekers think they are. Our research reveals the importance of strong personal skills when applying for roles, and the importance of hiring to the future growth of any business.”

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“Trinnovo Group is purpose-led with a mission to build diversity, create inclusion, and encourage workplace innovation.” – Richard MacMillan, Chairperson, Trinnovo Group

In April, Trinnovo Group made two announcements: the appointment of Richard MacMillan to the Board of Directors as Chairperson as well as the launch of its fourth brand Equiris Consulting.

NEW CHAIRPERSON
Richard has a 25-year history in the staffing industry was CEO of health and life science staffing and services company called Independent Clinical Services (ICS) for 14 years. He led the growth and diversification of ICS through three periods of Private Equity ownership until it sold in September 2020. During his tenure, ICS completed multiple acquisitions, expanded its international presence, and developed several innovative healthcare services.

Richard commented: “Trinnovo Group is an exciting and dynamic business led by exceptionally talented people and I am delighted to join as Chairperson. Trinnovo Group is purpose-led with a mission to build diversity, create inclusion, and encourage workplace innovation. They have a unique and exciting approach to the full talent cycle. The business is flourishing, and I look forward to working with the team as they continue to diversify the business and grow internationally.”

James Cox, Trinnovo Group CEO also commented: “I am delighted to have Richard join us as Chairperson. Richard’s track record in international growth driven by an entrepreneurial and technology focused approach is second to none. The Board and I are hugely excited to work with Richard and to continue disrupting the recruitment sector via our people and delivering our vision, to be the fastest organically growing and most impactful recruitment business on the planet. Ashley Lawrence continues to support the group working with the Trinnovo Board in his new role as Founder.”

NEW BRAND
The announcement of the new brand, Equiris Consulting will enable high-growth businesses to attract, retain and develop amazing people and high-performing teams that are representative of society by ensuring that the world of work is a more inclusive and equitable place for everyone.

Equiris is a talent consultancy and solutions provider with a diversity, equity, and inclusion methodology that is focused on the full talent lifecycle including attraction, assessment, onboarding, learning and development and retention.

TIARA Recruitment Award winners 2021, Trinnovo understands that every business is unique, and focus on building strong relationships that enable them to truly understand their clients’ business strategies. This focus enables them to embed bespoke talent solutions into clients’ businesses that help them achieve sustainable growth while ensuring that diversity, equity, and inclusion are at the forefront of their strategic agenda. It works closely with its sister brands, specialist recruitment companies Trust in Soda, Broadgate and BioTalent, to offer a full wrap-around DEI focused talent solution.

Cara Myers, Talent Advisory Director at Equiris Consulting commented: “I am so incredibly excited to be launching Equiris Consulting. Across our social enterprise and unique platforms, we have inspired a lot of change within the workplace and worked hard to make it a place that is more inclusive for everyone. We recognised, however, that we have an opportunity to do more, and to not only inspire change but to also work with our clients and partners to offer very targeted DEI focused talent solutions that enable high-growth companies to scale in a way that is diverse, equitable and inclusive.”

James Cox, Trinnovo Group CEO also commented: “The Board and I are hugely excited to launch Equiris Consulting. We created Equiris Consulting because we want to provide solutions that enable high-growth, tech-enabled businesses to grow in diverse and sustainable way. We are on a mission to build diversity, create inclusion, and encourage workplace innovation, and we are excited to see the impact that will be delivered through our new talent consultancy and solutions provider.”

 

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24 Recruitment firms join global recruitment network

Global recruitment network NPAworldwide has announced that 24 new recruitment firms have been enrolled in their network. The new member firms are from the USA, Mexico, Australia, Indonesia, India and the United Kingdom.

NPAworldwide’s network currently includes over 550 recruitment companies across almost 50 countries. Membership is offered to selected recruitment firms which meet the networks enrolment criteria.

The new members are:

Dave Nerz, president of NPAworldwide, said: “Congratulations to each of these recruitment firms. By joining our network, these firms are invested as owners.”

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Side has 300,000 active candidates

Randstad NV has announced that Randstad France will acquire Side, a leading end-to-end digital staffing platform in the region. It’s said that the acquisition strengthens Randstad’s offering and market position through increased digital presence and capabilities.

Side was founded in 2016b and are specialists in online recruitment that offers digital staffing solutions to over 2,000 customers. With 300,000 active candidates on their books, they operate primarily in the logistics, trade and service sectors.

The acquisition of Side would lead Randstad towards a strong extension of Randstad’s current portfolio as well as enable them access to new opportunities for existing and potential clients.

Sander van’t Noordende, CEO at Randstad made comment: “The role of technology is becoming increasingly important in the world of HR services. In a tightening labour market, this acquisition would allow us to offer customers and talent a new solution to those looking for a fully digital experience. However, it is our shared values and the belief in the crucial role of the ‘human touch’ underpinned by technology which makes me excited to welcome their great people to our team.”

Pierre Mugnier, Co-founder and CEO, Side also commented: “This acquisition fuels our ambition to offer the best online staffing experience to candidates and businesses. It’s a great recognition of the strength of our team and our unique approach mixing cutting-edge technologies with high quality human touches. We’re looking forward to joining forces with the Randstad Group’s talented teams and combining our online user experience expertise with the world’s largest HR services provider.”

The transaction has been presented to the applicable employee representative bodies and is expected to close in the coming weeks.

 

 

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