In the current economic climate, it would seem likely that many firms are less likely to spend on recruiting.
In the current economic climate, it’s clear that one of the factors that will have the most direct impact on people’s lives is employment.
The recession has not seen huge changes in overall unemployment yet, but as this data shows, 2011 did see a gradual rise in the number of jobless Britons.
On the surface it would seem conceivable that many firms are less likely to spend on staff growth, but in fact the opposite seems likely in a number of sectors.
In the regulatory risk and compliance market, we may see a different take on the recession. Businesses still need financial services specialists, so it’s distinctly possible that risk functions will actually grow. With the economy in such a precarious and uncertain state, your firm is more likely to need to identify and respond to any risk that might directly affect the organisation’s objectives.
So which is your best option?
Should you employ Graduates, Contractors or Permanent staff?
Your business wants to get the cheapest and best results – so how do you achieve that?
Let’s consider the options. Employ a graduate and you could need to train them, but the upside is that they may be more cost effective.
If you don’t want to take staff on permanently, could you take them on as contractors? This means if the balance sheet is tight, you’re only committed for a short period of employment.
But if you do need a longer-term solution, a permanent employee may in fact be your best bet.
Depending on your needs, organisations will make different decisions. At Grovelands, we’ve built a balanced business so that we can supply specialist contract, permanent and interim professionals with cost-effective choices. We’ll get you exactly the right person to suit your budget and particular individuals to match your requirements.
Phone us on 01273 651 500 for a friendly chat about your options.