More than half (57.1 per cent) of workers reveal that they are more likely to consider a new job as the summer comes to an end, meaning the job market could get competitive for those on the lookout for work.
In fact, according to a study by CV-Library, September 2015 saw a 13.2 per cent increase in candidates registering their CVs, while job applications also soared by 7.5 per cent.
This latest news means that SMEs should be prepared to experience an increase in candidate interest come September, as many workers look to explore new opportunities as a result of the typical post-summer blues.
Lee Biggins, founder and managing director of CV-library says that the coming period istraditionally a busy time i n recruitment, so it will be interesting to see how the job market fares, especially given recent concerns in the economy caused by Brexit.
‘Post-summer labour market activity always tends to improve, as more people return from their holidays, and SMEs begin to pick up the pace. During this period last year, for example, we saw job creation rise by 17 per cent, and we’re hopeful that we’ll witness a similar increase again this year.’
A job market in transition
The EU referendum result may have been an influence on a quiet July and August, but Guy Levine, CEO of Return on Digital will be taking full advantage of the talent that is projected to hit the job market saying that, whatever the state of the EU, his company still has its plans for growth in terms of recruitment. ‘While all of this uncertainty is going on we can’t just sit by and do nothing,’ he says.
‘As a business we still have targets and will still need to acquire new customers and employ a team which is capable of delivering on expectations. We have lost one opportunity due to Brexit but this has been in isolation.’
One strategy the company has taken is to create an option on its website for people who may not want to join the company right now but like the look of it. ‘[Such people] are able to join a recruitment newsletter list,’ Levine says. ‘Here we send out updates of the latest jobs and Return Culture stories/events in our monthly video newsletter. It has meant for a small business we have a quicker/wider talent pool so can be much nimbler in our recruitment.’