The first 8 months of this year were dominated by Brexit, a lot of scaremongering, and a multitude of governmental changes. Pre referendum the prediction for the permanent facilities management jobs market was a strong 2016 on the back of a strong finish to 2015. However, as soon as the referendum was announced in in late February, it had an immediate effect on hiring as many clients put their plans on hold until the result of the referendum in June.
Increase in Hiring
Interestingly, we saw a significant increase in permanent requirements across the business after the referendum. This led to record success in August and a strong start to September in terms of business flow. The first 6 months of 2016 saw exactly the same number of new permanent jobs as the corresponding months in 2015.
Increase in Temporary Hiring
The Temporary Division actually saw a 27% increase in requirements.
Candidates, Not Clients, seemed most concerned
In fact it was the candidates who seemed the most concerned as over the first months of 2016, the flow of good candidates was patchy as those in stable jobs put any plans to move on hold.
Flow of Candidates
As we would expect, the flow of good quality candidates has started picking up markedly this week as candidates have returned from holidays, children have gone back to school, and people can refocus on their job search. September is always one of the prime months of the year to find a new job. It is interesting to note that new requirements are coming from all market sectors.
Broadly speaking the attitude of our clients is “let’s get things moving” and we have seen a renewed hiring confidence. For Maxwell Stephens, and the candidate pool, this can only be good news. We are certainly looking forward to a busy September, it is too early to say what that outlook will be for the rest of the year but we are planning on a strong end to 2016.
What do we predict life will look like after Brexit… Read a further article here on the Impact of Brexit on Business and Recruitment
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