Louise Rayner FCCA, MBA’s Post

The Latest Hiring Trends Index by Totaljobs shows that there has been a steep increase in businesses using temps, freelancers and contractors. What benefits do you see in using this market, as opposed to perm staff? https://lnkd.in/einimNTF #temporarywork #contractors #hiringtrends

There has been a steep increase in businesses hiring temporary staff, freelancers and contractors in the past quarter (1 January to 31 March). The latest Hiring Trends Index by Totaljobs has revealed that temporary staff hires were up 69% in 2024, as businesses see increased competition to fill skills gap. Three in five (59%) businesses are experiencing increased competition to find the right skills, rising to 74% of companies with over 1,000 employees. These skills shortages had created a significant change in candidate expectations compared with pre-pandemic levels, said the online recruiting giant. Three-quarters of employers said that candidates had higher salary and benefit expectations, with 69% claiming that demands for remote working had now created a barrier to filling positions. As a result, 25% of businesses were investing in AI and training to fill these gaps. Over a third of those taking action (34%) were already using AI to supplement their workforce. Most businesses (85%) were using at least one skills-based hiring approach, the study suggested. Approaching half (43%) had updated job adverts to focus specifically on key skills and competencies, and a third (34%) had trained their hiring managers to conduct interviews focused on competency. A further third (34%) had adjusted screening criteria to expand talent pools, with a fifth (20%) removing university degree requirements from their job adverts to help widen the search. A quarter (26%) of employers plan to increase efforts to diversify hiring in the second quarter of this year. Almost all businesses (96%) that deployed at least one of these approaches had reported benefits in hiring, with 39% claiming it had improved talent attraction. Over a third (35%) said it helped them find better candidates, with 34% stating that it has improved candidate engagement. The skills-based hiring methods have even increased the diversity of their talent pools, according to 31% of respondents, and 29% claimed it had reduced time to hire. However, despite 40% of employers saying they will increase salaries to attract talent with the required skills, the research found that only a fifth (21%) had conducted a skills gap analysis to help with workforce and succession planning in the long-term. [Personnel Today] #recruitment #jobs #upskilling

Did you know about the movements across the temporary hiring in 2024?🤔 JobAdder’s recent report highlights the latest developments in the recruitment sector, indicating a noticeable shift towards a more cautious approach to hiring within organisations. Rather than plunging headlong into hiring sprees as seen in recent years, businesses are now favouring the provision of temporary positions to candidates, resulting in a decline in permanent job opportunities. The reduction in permanent roles throughout the year signifies a significant transformation in the employment landscape, likely influenced by prevailing economic conditions that may affect employment stability. However, it's essential to recognise the growing adoption of flexible employment models as another contributing factor. This trend reflects the changing nature of work, with both businesses and employees increasingly opting for flexible arrangements such as contract or part-time roles. This shift doesn’t necessarily imply an overall decrease in job opportunities but rather signifies a redefinition of what employment entails. Looking ahead to 2024, internal talent teams can anticipate notable changes, particularly with the rise of blended workforces. The trend of increased temporary hires is expected to persist as companies contend with reduced headcounts, potentially leading to stretched resources and creating opportunities for freelance and temporary staff to fill the gaps. Furthermore, this aligns with a broader trend expected on the candidate side, where more individuals are likely to move away from traditional single-income and permanent employment towards freelancing or what is increasingly termed as 'fractional employment'.

With increased competition to fill skills gaps, businesses are turning to temporary staff, freelancers, and contractors. According to the latest Hiring Trends Index by Totaljobs, temporary staff hires have risen by 69% in the past quarter. As three in five businesses are experiencing increased competition to find the right skills, pre-pandemic expectations have significantly shifted. Employers report that candidates now have higher salary and benefit expectations, and there has been a 69% increase in demands for remote working, creating barriers to filling positions. To combat these skill shortages, 25% of businesses are investing in AI and training. Employers are using skills-based hiring approaches, such as updating job adverts to focus on specific key skills and competencies (43%), training hiring managers to conduct interviews focused on competency (34%), or adjusted screening criteria to expand talent pools (34%). While 40% of employers will increase salaries to attract talent, only a fifth (21%) have conducted a skills gap analysis to help with long-term workforce and succession planning. It's great to see the steps employers are taking to address skills gaps, but these are often short-term solutions. We need more businesses to plan for the long-term by conducting skills gap analyses to forecast what skills they need - both in the immediate and near future - to design a talent strategy that ensures they don't fall into this perpetual skills gap. 👀 Let's work towards a future where employers invest for the long-term and give their employees the tools and training they need to succeed. 🔝 #SkillsGaps #RemoteWorking #hr #recruitment #humanresources

The trend of contingency workers' increasing population across different regions is continuing. These contractors and freelancers may become the majority of the global workforce one day; as a result, they could become the primary driver of productivity output. Let's look at some of the 𝗧𝗼𝗽 𝗦𝗸𝗶𝗹𝗹𝘀 𝗔𝗺𝗼𝗻𝗴 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗪𝗼𝗿𝗸𝗲𝗿𝘀 𝗮𝗻𝗱 𝗙𝗿𝗲𝗲𝗹𝗮𝗻𝗰𝗲𝗿𝘀: #tghumanresource #contractstaffing #freelanceskills #topskills

The trend of contingency workers' increasing population across different regions is continuing. These contractors and freelancers may become the majority of the global workforce one day; as a result, they could become the primary driver of productivity output. Let's look at some of the 𝗧𝗼𝗽 𝗦𝗸𝗶𝗹𝗹𝘀 𝗔𝗺𝗼𝗻𝗴 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗪𝗼𝗿𝗸𝗲𝗿𝘀 𝗮𝗻𝗱 𝗙𝗿𝗲𝗲𝗹𝗮𝗻𝗰𝗲𝗿𝘀: #tghumanresource #contractstaffing #freelanceskills #topskills

"Hire Internationally Using Deel" Deel is a platform that simplifies the process of hiring and managing international employees and contractors. Here’s an overview of how to use Deel for international hiring: 1. **Create an Account**: Sign up for a Deel account on their website. https://lnkd.in/dm8FaC_C 2. **Choose Your Hiring Model**: - **Full-time Employees**: Hire employees with benefits and a formal employment contract. - **Contractors**: Engage freelancers or contractors on a flexible basis. 3. **Select the Country**: Deel supports hiring in many countries. Select the location of the candidate you want to hire. 4. **Compliance and Legal Support**: Deel handles local labor laws, taxes, and compliance issues for each country, ensuring you're following local regulations when hiring. 5. **Create an Offer**: Once you have selected the hiring model and country, create an offer for the candidate that includes salary, benefits, and any other relevant details. 6. **E-signatures**: Send the contract to the candidate for their review and e-signature, making the process quick and hassle-free. 7. **Onboard Your Employee**: Once the contract is signed, Deel will assist with the onboarding process, including setting up payment and benefits. 8. **Payment Processing**: Deel manages payroll and complies with local tax laws, allowing you to pay your international employees or contractors efficiently. 9. **Ongoing Management**: Use Deel’s platform to manage contracts, track work hours, and handle payments seamlessly. By leveraging Deel, companies can easily navigate the complexities of international hiring, making it simpler to build a diverse and global team. Don't waste your time and create a a Deel account now on the link below 🔗https://lnkd.in/dm8FaC_C #HireInternationally #GlobalHiring #RemoteWork #PayrollSolutions #TeamWork #HireGlobally #InternationalTeam #RemoteEmployees #GlobalTalent #WorkFromAnywhere #Freelancers #ContractorManagement #WorkWithDeel #GlobalRecruiting

The job market for the IT industry has undergone a significant transformation in the last few years. Skill requirements are evolving due to digital transformation; hybrid and remote working options are becoming the norm, and companies face challenges recruiting the skilled staff they want within budget.  These changes have prompted countless companies to consider hiring temporary workers and contractors over the past few years. In our latest report, we take a deep dive into why using contractor workers might be a good idea this year. DM us if you would like it! 📩 info@everpoolrecruitment.com - #recruitmentagency #recruitmentcompany #recruiter #recruiting #liverpoolrecruitment #hiring #report #blog #everpoolrecruitment

Business Owners Management are you in Need of Temporary Staff? Let’s Simplify the Process! 🌟** Dear [Business Leaders/HR Managers], In today’s fast-paced business environment, flexibility is key to staying ahead. Whether you’re managing seasonal demand, handling unexpected staff shortages, or scaling your workforce for a new project, finding the right talent quickly can be a challenge. **That's where H•A•D•S ~ Referrals Can recommend you** We specialize in connecting businesses with qualified freelancers and temporary staff across various industries, including hospitality, retail, logistics, and more. Our platform offers: ✅ **On-Demand Talent:** Access a diverse pool of pre-vetted freelancers ready to step in when you need them. ✅ **Cost-Effective Staffing:** Save on recruitment costs and reduce the time spent on lengthy hiring processes. ✅ **Flexibility:** Scale your workforce up or down with ease, ensuring you’re always prepared for whatever comes your way. ✅ **Quality Assurance:** We ensure that all freelancers are skilled and experienced, so you get the best talent for your business. **Why Choose Us?** - **Efficiency:** Post your job and start receiving applications within minutes. - **Control:** You choose the freelancer that best fits your needs, with full transparency on rates and availability. - **Support:** Our team is here to assist you every step of the way, ensuring a seamless experience. **Interested in Learning More?** If you’re looking for a reliable, flexible, and efficient staffing solution, let’s connect! Please DM me for more information or to get started with a simple form Let’s discuss how we can help your business thrive by providing the right talent at the right time. Looking forward to connecting with you! Best regards, Howard. --- #TalentAcquisition #WorkforceFlexibility #FreelanceEconomy #TemporaryStaffing #BusinessEfficiency #HRTech #Gigeconomy #FlexibleStaffing #HR

When facing challenges in hiring employees, companies are getting more open to hire highly skilled professionals as consultants or freelancers.   Key benefits of the blended workforce: 🔘 Flexibility. Companies can swiftly adjust their team size. 🔘 Expertise: It brings in specialists for top-notch work and to spark new ideas for innovations. 🔘 Cost Savings: Part-time workers don’t require full benefits.   With new trends come new challenges in managing these diverse teams. To read more about this topic sharing the article link in the comments. #recruitment #recruitmentchallenges #S3I