With the final phase of the furlough scheme set to end on 30th September 2021, this brings to an end over 18 months of government backed support for businesses who have been affected by the coronavirus pandemic.
This is likely to bring about two different scenarios for employers in the Sheffield City Region; they will either bring their staff back into the workplace or look at restructuring and resizing their workforce as they continue the road to recovery.
Rob Shaw, Managing Director at South Yorkshire based recruitment consultancy, Glu Recruit, takes a closer look at what this means for the local job market.
On one hand businesses will bring their staff back, all be it to a very different workplace to the one they left, but on the other hand this is likely to cause some staff attrition with many employees either facing redundancy or becoming more open to new job opportunities.
For employers welcoming their staff back, they will be doing so under very different circumstances, so the key question is; are employers ready for their staff to return to a different way of working?
Our research during the pandemic shows that a mix of both home working and office based working patterns are high on the agenda for employees, so a phased return to the office may be a better approach than going from being at home to a full return to the office.
The same can be said for attracting new recruits, as those who have been working throughout the pandemic are likely to have been splitting their time between working at home and in the office. So, offering this flexibility has become a key driver for candidates when deciding which job to accept.
A time of change
It’s also important to note that the candidate market is moving much quicker than it was before. With the likelihood of more candidates entering the market once the furlough scheme ends, we have the potential to go from not enough quality candidates to many, so competition for jobs will be high.
This means employers need to make sure their recruitment processes are robust and operate to an efficient timeline. As the market moves more quickly, any delays could result in candidates accepting jobs elsewhere.
Whichever route a business goes down, managing expectations is key. Glu Recruit are here to help, either with employee retention strategies or recruitment advice.
Contact us on 0114 321 1873 or email@example.com to start a conversation today!