James Chaplin quoted in The Global Recruiter article on implications of Brexit for the industry

Jun 6, 2016 | In the press

Where does this leave recruiters? Some believe the sector has already suffered. According to James Chaplin, CEO of VacancySoft, the Q4 increase in placements which he terms as being ‘hiring for growth’ did not materialise this year because employers are wary of increasing their liabilities. Where vacancies do exist, Chaplin suggests, employers are being incredibly demanding in their expectation of talent, thereby stalling a commitment to new permanent staff.

Chaplin, and others also forecast immediate growth in hiring should the decision be taken to stay in the EU. “Recruiters will have a surge of activity when everyone will want candidates yesterday,” he says. “Everything will get signed off on June 24 and then there’ll be more challenges since most of that talent will be on three month’s notice.”

In some sectors – parts of the City and wider financial services for example – a leave vote could heavily impact on a recruiter. “You need a dual strategy,” says Chaplin. “If you’re going to be affected by a leave vote you should think about who you let go n your business. You should also be thinking about where you could work next – whether that means diversifying to another sector or moving away from the UK economy entirely and going to somewhere like Paris, Frankfurt or Asia. At the same time you also need to be ready to ramp up for the new hiring activity that will come your way if the vote says we should remain.

– See more at: https://main-theglobalrecruiter-eburygroupltd.content.pugpig.com/#!edition/editions_GR165/article/page-3235

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