Availability of candidates saw a rise for the time in 20 years, reflecting redundancies announced by many companies across Britain following lockdown. It is estimated there has been over 700,000 job losses so far due to the pandemic, with numbers expected to reach over 1 million by the end of 2020.
Billing from temporary hiring’s rose for the first time in 7 months. There was also a rise in billings from companies hiring permanent workers in August but the increase was worryingly small, the REC said.
Employers typically rely on temporary workers at times of economic uncertainty. With the end of the CJRS approaching employers are unlikely to be able to re-hire all team members if social distancing restrictions continue to impact businesses and operations.
Britain looks set for a sharp rise in unemployment as the government winds down its emergency coronavirus job retention scheme by the end of next month.
With the temp recruitment market increasing, companies requiring a quick turn around on well matched candidates available immediately. Recruiters are now adapting to new ways to interview, on board and clear temporary workers.
Alongside the recruitment on boarding process, recruitment agencies also require support from their payroll providers to ensure candidates are registered, cleared and paid on time. Here at ePayMe we ensure all new registrations are called within an hour of being received and work with our clients to make sure the process is as slick as possible with a quick turnaround.
If you would like to find out how we can support you with your temporary staff payroll services, contact us today on 01252 863700 or email sales@epayme.co.uk