Recruitment

Jobs data suggests boon for global recruiting | Ruth Holmes

Following the great reassessment by post-pandemic employees, employers are fighting back. Hiring figures are up across all regions, with demand highest for recruiters in the technology, construction and finance sectors.

Last glimpse of GlobalDataa market intelligence and analysis provider, suggests job vacancies increased across all regions in January 2022, up 7% from December 2021.Europe leads the growth with the majority of job vacancies located in the region, followed by Asia-Pacific (APAC), South and Central America (SCA) and North America.Volume recruitment in cutting-edge sectors like technology and at higher levels in international institutions also raises the prospect of growth in global mobility.
GlobalData analysis of international recruitment


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Recruitment jobs in demand

It is particularly interesting to note that the number of companies looking for a “recruiter” increased by 30% between December 2021 and January 2022.Registrations for “recruiters” were highest in the United States, followed by India, the United Kingdom, Germany and Canada. Brexit is one of the reasons UK employers are facing growing recruitment challenges, prompting big companies to reassess their employer value proposition.Gerwyn Davies, labor market adviser at the CIPDresponded to recent official UK employment data, which showed employment at near-record highs, warning that “2022 promises to be a very difficult and busy year for HR professionals as ‘they seek to develop and retain their existing workforce to prevent or reduce skills and labor shortages.“That means looking at the factors that enhance retention beyond just a competitive salary; which include the quality of line management, the availability of different types of flexible working arrangements and opportunities to develop new skills and progress.“Employers who succeed in this endeavor in 2022 will be the big winners.


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Finance, construction and technology are at the forefront of hiring

Commenting on the figures from GlobalData, Ajay Kumar Thalluri, Business Fundamentals Analyst at the firm, said: “The rate at which companies are currently onboarding recruiters can be compared to the rate at which companies typically hire around the Christmas season to meet the holiday rush.“We wouldn’t be surprised to see a surge in recruitment in the coming year, particularly in the construction and technology sectors.”Job openings for construction industry recruiters have increased from around 160 in December 2021 to over 800 in January 2022.Advertisements for recruiters in the technology sector have increased from 1,409 in December 2021 to 1,704 in January 2022.This means that construction and technology companies have the most vacancies.“About 9% of ‘Recruiter’ job offers were for technical teams,” continues Ajay Kumar Thalluri. “For example, Amazon.co.uk announced nearly 80 technical recruiter positions in January 2022. Similarly, Apple recruiter positions advertised for hiring in business niches.

Global companies attract new talent

Lowe’s Companies, Nissan Motor Co, CenterPoint Energy and Kraken Bitcoin Exchange were also hiring recruiters. Interestingly, each asks that “potential candidates have experience planning and executing high-volume hires.”Japanese banking firm Mizuho Financial Group has made an announcement for a vice president – investment banking recruiter, as the company seeks to hire vice presidents for its growing banking team.“Hiring is off to a good start in 2022, despite fears of the Omicron variant,” concludes Ajay Kumar Thalluri. “Job opportunities have remained strong and companies are expected to implement new policy decisions in the first quarter that will facilitate employment.”

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