-The World of Commerce

Nicola Grimshaw, Digby Morgan’s director responsible for leading the commerce division, gives Human Resourcefulness an update on the state of the market in her sector.

”The first quarter of 2007 has seen an extremely buoyant market with many clients feeling quite confident and working on expanding their HR teams. There’s also a greater confidence from the candidate population with many new HR professionals coming onto the market. However, within certain specific disciplines there is a significant shortage of good candidates hence they are often controlling the process with high salary expectations, double and counter offers from existing employers who do not want to risk losing their talented staff.

“Current areas of real skills shortage and heavy demand include talent management, recruitment and compensation and benefits. Top talent, particularly at the £50-75k level, is moving fast and we have to work extremely closely with our clients to ensure a slick, efficient recruitment process. Clients need to ensure that there is a good balance between selling the merits of the organisation at an early stage in the recruitment process alongside interviewing thoroughly. Candidates respond well to thorough, incisive interviewing where they feel appropriately challenged and deeply questioned.

Retained Assignments

“Clients are increasingly looking to retain us to work on an assignment basis as the contingent method of recruitment is, at times, proving frustrating and unsuccessful – often with several agencies working on the one role. A retained assignment means that the client’s organisation is best portrayed in the market through a specific recruitment partner with which it works very closely. This ensures that the process is tightly managed and controlled with candidates buying into the process at a very early stage. In actual fact, the retained method often results in a quicker, slicker recruitment assignment.

“Internet advertising still is being used to attract candidates though, increasingly, we’re finding that fresh talent is being attracted to ‘traditional’, off-line advertising in, for instance, either The Sunday Times or People Management. It would appear that these media often attract the job browsers who may not be proactively searching the Internet but simply attracted to the advert in their broader reading”.

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Welcome

HR Resourcing is ‘Hot in the City’
HR still on the up down under
Cobbler’s Shoes for HR
An Interim Update
New Faces
Skandia’s Interim Policy
HR Careers in the Shared Services Era
What do you Really Think of the Recruitment Industry?
Delivering ‘high performance’

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