During this current economic downturn, most employers have been cautious regarding regarding the hiring of staff. However, recruitment consultants Badenoch & Clark are warning employers that if they do not act on hiring new employees now they could find that they miss out when the economy turns around.
Managing Director of Badenoch & Clark, Neil Wilson, warned that too many employers have a ‘wait and see’ approach in terms of riding out the current economic storm and this is continuing despite economists providing positive predictions of an economic upturn.
He said, “This is understandable at one level, but employers do need to start thinking about their resource requirements for when the upturn comes or risk being caught out. There are some employers who see the current economic difficulty as an opportunity to attract professional talent that might not normally be available to them.”
Mr Wilson continued, “Professionals in demand include commercially minded accountants, business analysts, programme and project managers, IT specialists and compliance/risk management experts.”
He predicted that the second half of 2009 would see the demand for professional staff to fill temporary contracts grow in line with the predicted turnaround in the UK’s current economic difficulties.