Sky News – Inflation at 30 year high

As Sky news reports “Inflation climbed to 5.4% last month, its highest rate since March 1992, as Britain’s cost of living squeeze intensified, official figures show.”

With the highest cost of living increases for 30 years, there is ever increasing pressure on wages, but how realistic is it for employers to continue to increase salaries whilst having their clients resist price / fee rises?

The current market heightens the need for us as Recruiters in providing solutions to our clients and candidates, to ensure that we’re delivering added value in consulting as subject matter experts within our specialist fields.

This means the strength of our network in sourcing the right talent for our clients and our knowledge of our clients aligned with the strength of our relationships with them, to better match to our candidates’ requirements.

There’s no question that now more than ever, it’s important for us to prioritise our focus, whether Contingent or Retained, to those who value our professional recommendations that we provide with current and dynamic market knowledge as well as with detailed supporting evidence.

A key part of our consulting responsibilities therefore is to be focussed and active in engaging within our market using available media and technologies to ensure we continue to add value as knowledgeable experts.

How often each day do you provide your clients and candidates with current market updates to assist them in making better decisions?

Leave a Reply

Your email address will not be published. Required fields are marked *