Many UK employers have had to pay well above market rate to attract employees over the past year as a skills shortage intensifies, particularly in the IT market.
A recent survey done by the Open University has suggested that almost all firms have found it difficult to find workers with the skills they needed over the last year.
It’s now been calculated that the problem is costing some companies around £2 billion a year, and the uncertainty surrounding Brexit is the main cause of the issue as it’s dramatically exacerbating the skills gap.
The survey has also suggested that people already in work were reluctant to change employer, while some EU nationals did not want to take a UK role because of the lack of clarity over future immigration rules.
However, the silver lining of it all is that companies are being encouraged to turn to agencies for help, which is good news for recruiters; particularly those who specialise in the IT sector.
The number of EU workers in the UK fell by 50,000 to 2.3 million in the last three months of last year, according to official statistics.
The Open University’s external engagement director Steve Hill said that firms need to look at recruitment and retention differently.
He said: “Now faced with a shrinking talent pool, made worse by the uncertainties of Brexit, it is more important that employers invest in developing their workforce,” he added.
As well as all of this, unemployment is at it’s lowest since records began in 1975. This means that it is taking firms more time than usual to recruit new staff – which is where recruitment agencies come in to play.
Recruitment agencies are left in a pretty good position amid all of the concerns, as they can now act as the catalyst for the employment requirements of businesses’ needs on a much wider level. Not only is it paving the way for agencies to build solid foundations with even more clients, but it’s also relieving the pressure from the companies who are feeling the strain of finding new staff.
IT recruiters are in an even better position, because IT jobs are more in demand than ever before. Because of this, companies are spooling out role after role to be filled, and it’s making the day of an IT recruiter particularly busy.
However, with the high-demand challenges IT recruiters are facing, an array of benefits are making up for it. If you’re an IT recruiter, you’re likely to be raking in the commission for all the roles you’re managing to fill. This then reflects positively on the agency you work for, because they’re bringing in more business and spreading the word about the services you can offer.
Why Are IT Jobs So In Demand?
Developer jobs in particular are being sought after in huge proportions lately, and are looking to continue doing so for the foreseeable future. For example, in Sweden, programming is now the most popular and highly sought occupation. The trick is sourcing and locating the most skilled person for the job, which is where an IT recruiter comes in. Finding the best developers is a challenge, due to all the different software languages used in IT now. But in a way, this is a positive thing; because developers will have people eagerly fighting for them, and recruiters will be able to offer a variety of roles to potential candidates.
Something that can be sold to candidates looking for IT roles is the promise of job security. It’s very unlikely that your job is at risk as a developer or a programmer. Yes, due to technology, many jobs disappear. Often because they can be replaced by computers and software; but all those new programs still need to be developed and maintained, so the opportunities for these jobs will always be open and vast. Not only that, but the IT industry in general is quickly transforming into a hub of modern, trendy jobs. Gone are the days when positions in IT were reserved for the quiet, awkward teenager wearing a hoodie and glasses. This stereotype has become a thing of the past, and there’s much more room in the industry now.
Students are studying IT related subjects at universities and colleges now too, which means that the number of future IT brainiacs is growing year after year.
A Good Time To Be A Recruiter
Taking all of this into consideration, it’s safe to say that being an IT recruiter is a very rewarding role to play right now. Here at Uniting Ambition, we’re always looking for specialist recruiters to join our award-winning team; so if you’re a recruitment consultant with experience in the IT sector, we’d love to hear from you. All you have to do is email firstname.lastname@example.org to talk to one of us and take the next step in your recruiter career!