Brexit, the withdrawal of the United Kingdom from the European Union, has continued to fill recruiting and hiring with uncertainty. Many employers have slowed hiring, while others are moving out of the country.
And indeed, like a bitter divorce, everyone has a side and an opinion. There’s a whole lot of speculation, dominated by she said/he said. What is for sure is that the UK labour market and recruiting industry will never be the same. Job seekers and employers alike are already feeling the Brexit squeeze.
The Brexit Squeeze
As a result of Brexit, research found that:
· 72% of HR professionals expect the competition for well-qualified talent to escalate. (1)
· 61% predict further challenges recruiting senior and skilled employees over the next three years. (2)
Another study(3) revealed that 38% of lower-skilled EU nationals are considering relocating away from…