WHEN WILL IT BE OVER?
I wrote last year mid-Australian pandemic and during lockdown in Victoria about what happens when we start seeing a way forward in the pandemic market conditions. Every day and every week, business confidence and activity continues to improve. There are some exceptions but then again there always are. Some of the more notable were:
- There are some organisations who have seen no set back at all and have grown. Some markets and countries will see the ‘blue sky and the green shoots’ earlier than others.
They will be able to get some business moving but are likely to be held up by other regions that are behind them in the timeline of ‘battling the contagion’. This will inhibit travel and international trade.
- Most recruiters have the ability to interface with hiring managers and already have existing relationships. This can be a key to getting hiring moving quickly. Internal recruiters will have been let go because companies were not hiring. Recruitment businesses will have let go many of their recruiters, permanent and temporary because the permanent recruiters have no work on. Plus, you don’t need the temporary or contract recruiters, because the contractor and temporary recruiters will go to work until they complete or are told not to attend. So, this revenue is secure without the cost of the recruiter.
- When the market starts to recover we are likely to see competition for resources, particularly skilled people.
- Workers will look for security, they will seek government work for instance, or resilient industry sectors like water and energy, but many may be forced to take what they can get at the remuneration being offered. This is likely to hold down salary growth. Companies will hire back on new terms and conditions.
- Once people are able to move about again the food manufacturing, hospitality and tourism sectors will uptick quickly and then plateau because most of these people have been let go, they will have to hire them back. Most will come back on casual contracts. There will be pent up demand for travel and ‘to get away’.
- Retail is having a boom in food and grocery however other sectors like clothing, jewellery, homewares and footwear are closing and will be much slower to recover. Some will move predominantly online.
For us, Tanner Menzies, brand visibility will be important. Companies looking to hire will be looking for who to turn to. Tanner Menzies will continue to offer premium executive recruitment services helping clients reap the rewards of our bespoke staffing solutions. If you are an experienced recruiter your opportunity with Tanner Menzies is as a Licensee delivering tangible results. Our smart and autonomous license system, a tailored product suite that’s been created by human resource experts, our ongoing support of quality licensee partners, and our authentically collaborative partnership model ensure we’re able to work together to delivering proven and successful client solutions.
We have an established business structure, with deep experience in the recruitment sector, and established operations and our leadership team continues to work in partnership with businesses and licensee audiences. You have the potential to get a better financial reward for the effort you put in. Not only for the work you do, but also the equity you will build in this as a business that you own and are supported in doing what you always said you could; run your own successful recruitment business. Contact us today if you are interested in Certainty Delivered, better financial reward and making your own decisions.
Call Peter Gleeson 0419367569, Ian Stacy 0417478229 or Peter Tanner 0419826637 or visit tannermenzies.net.au
Written by Peter Gleeson