New REC report details how recruiters can future-proof their businesses

A new report from the Recruitment & Employment Confederation sets out how directors and business owners can both future-proof their operations and look at long-range change.

The report, ‘Tech-enabled humanity: Your recruitment business and the tech revolution’, published today [25 July], sets out how recruitment is changing. It focuses on technological threats and opportunities the recruitment industries faces, “and how they play into the changes we need to make to grow and offer the support clients and candidates want”. 

In a wider context, the report sets out the two major themes the REC is supporting the industry on this year: first, to help clients, regulators and government to understand the current labour and skills market; and second, to help recruiters “navigate the changes we need to make as an industry”.

For example, to push the boundaries of traditional models of recruitment delivery, the report suggests three ideas: 

  • Recruiters can be platforms facilitating value exchange between two or more parties, enabling people to connect with others, purchase goods and services, create content, share information or launch new services that build core functionality. “When designed and operated effectively, technology platforms become rich ecosystems,” the report says. “Running a platform-based model can be remarkably successful.”
  • Recruiters can nurture and facilitate candidate communities, including at scale.
  • The recruitment industry can be a guarantor of identity, skills and credentials.

“This paper is a starting point to see what we can achieve next with the help of the right technology,” the 59-page document concludes. “Ultimately our goal is always to help employers put the people stuff first.”

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

IBM survey finds UK business leaders expect 25% of workforce need to retrain

An IBM survey has found that a large number of UK respondents expect roughly 25% of the workforce would need retraining as a result of artificial intelligence (AI).

30 April 2024

UK fraud prevention service reveals rise in dishonest conduct by new recruits

Data sent to Cifas has revealed an increase in new recruits committing dishonest conduct against employers.

30 April 2024

Skills gaps remain in financial services, says new report

Recruitment pressures have eased but challenges remain, according to the Financial Services Skills Commission (FSSC) Future Skills Report 2024.

25 April 2024

NEW TO THE MARKET: 22-26 APRIL 2024

This week’s new launches include: Flowlio, Hays, The IN Group

New to Market 25 April 2024
Top