Skills shortage named top concern by recruiters
The majority of recruiters (79 per cent) say they have difficulty in finding candidates with the right skills, a new report shows, meaning the ongoing skills shortages remains to be the top concern for recruiters.
According to onrec.com, the report from Bullhorn, a recruitment software provider, also states that 29 per cent of recruiters believe the technology industry will be the sector that takes on the most amount of staff this year.
The recruitment industry looks healthy too, as during 2013 80 per cent of agencies achieved either satisfactory or better than expected revenues. This year, 95 per cent think their turnover is going to be even more impressive in 2014, reports staffingindustry.com.
Despite the skills shortage, recruiters managed to fill roles more efficiently, as fill rates rose for over half of the candidates. Some 43 per cent of recruiters believe the recovering economy has made it easier to fill jobs. However, a further 30 per cent say social media has had the biggest impact. The annual report also reveals that the majority of recruiters still tend to measure their own performance based on the number of placements they’ve achieved.
Peter Linas, international managing director for Bullhorn, says this year’s report has even more details regarding recruiter performance than ever before.
“The results this year set the benchmark for recruiter salaries and also reveal a startling chasm in revenue per producer between small recruitment businesses and large agencies,” he states.