The Future of Employment

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The Future of Employment

• Anita Holbrow
• REC, Director

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In the future..
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Foresight and change

• them

• what is likely to continue,
• what is likely to change,
• and what is novel.

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Where do we fit?

• The UK recruitment industry is worth over 26
  billion pounds, with over 33 by volume and 70
  of this by turnover as REC members.

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War for Talent

• - the size of the recruitment industry doubled
  over the past 5 years
• - whilst the job market expanded,
• - unemployment still amongst lowest level on
  record,
• - and the talent pool available reducing
  significantly.

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War for Talent

• Ageing workforce
• Educational gap
• Attraction is the key

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Future of Employment

• Top 50 UK brands
• Protecting brand and using CSR in recruitment

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Global Indicators

• Exec hires are buoyant

CEO preferences
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Local indicators

• Slow down ahead, but satisfaction is high

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Online trends

• 62 of Adults are online

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Online trends

• Blogs, online interviewing and testing online
  world

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The Intangible Asset

• Emphasis is on tacit decisions soft skills

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The next generation..

• Generation Y face considerable pressures and
  are considerably different.

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The next generation..

• Generation Y are the future we need to engage
  them, and recognise their drivers we will

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The next generation..

• The portable career what can you do for me?
• Do I believe in what your company is doing and
  how its doing it?

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The next generation..

• Challenge, ambition and stretch but lifestyle
  support is key

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Evolution but faster..

• Every organisation needs to evolve to meet the
  demands of the future leader.

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Tramlines of Change..

• The resultant future leader has a new playground
  and it is still under construction.

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Scenario 1

• Google owns e-recruitment,
• Also anyone can find out anything about each
  Other anything at all.
• Human relationship works best for senior hires
• Vendor Managed Hiring is king.

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Scenario 2

• Lost confidence in Web 2.0 and artificial
  recruitment intelligence.
• Internet people filtering short-lived.
• Technology makes business easier and information
  sharing is still key.
• Recruitment entrepreneurs are king integrating
  technology into their business model.
• Traditional recruiters work more closely with
  business, performing a whole new set of functions.

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What future do you see?
Wakamura receptionist Robot