Looking back at employment trends in 2017 we can say it was certainly a year of ups and downs, however, ultimately one with lots of positives to take with us into 2018. The UK has performed well compared to other G7 countries with the employment rate reaching around 75%, a record high.
I recently attended a training course focused on the future of recruitment and what a good recruiter needs to be doing in an ever changing industry to stay at the forefront of their market. It was a very insightful session which brought up lots of food for thought!
In the modern age of a candidate led market place, prospective new hires are aware more than ever that a potential requirement for their skills outstrips supply.
In every industry there is always an opportunity to negotiate, in recruitment we negotiate on terms of business to supply staff whether it be on a permanent or contract basis and in procurement negotiation is a key tool to achieving value for money.
As a lover of psychology and behavioural science, one theory that was mentioned in discussions that has really excited me is Game Theory. I have conducted some further reading of blogs and journals online and have one example below that I would like to discuss with you now.
I must admit I am not the most technology savvy of people around and this was highlighted recently as I jetted off with my family for our summer holiday. I was surprised to find no TV’s on board our aeroplane despite it being a highly reputable airline operator. Okay it was short-haul, but still no TV’s?
Just like the candidates we work with, us recruiters change companies too. Two weeks ago it was my turn to walk into a new office and start with a new business.
I joined Executive Network Group’s specialist brand Procurement People, a team that is the most networked agency within the sector for candidates.
Procurement People are pleased to announce the charity that we will be supporting and raising funds for in 2017 will be Rethink Mental Illness. In partnership with our sister businesses in Executive Network Group; The HSE Network and Network HR Recruitment, we will be holding various event fundraisers to support this very important cause.
As a recruitment business, we here at Procurement People have been following the recent information released regarding the BBC salaries with a lot of interest – in particular the disparity between the organisation’s male and female stars. Working in recruitment, we end up discussing salaries, packages and promotions more than most, and it made us consider our own insight into the Procurement market and what can be done to impact the battle for equal pay for equal work.
With the birth of a brand new and globally recognised standard ISO 20400:2017 (Sustainable Procurement) this is an exciting change and a real opportunity for organisations to showcase their commitment to sustainable sourcing. Not only that, but it will be a great tool moving forward for companies evaluating their supplier base to ensure they share the same values and commitment as they do. Balfour Beatty is leading the way as the first company globally to be assessed ISO standard.