State of the Recruitment Market 2022

Across all sectors, the recruitment market is thriving with activity and prosperity.

“We have found the current market to be the strongest since 2008. Very high demand with a wealth of talent being on offer. We have found a strong increase in salaries in the PAYE Market as well as the contract market.”

We caught up with several recruitment business owners across a cross section of different industries and the unanimous analysis is overwhelmingly positive.

Companies are growing quickly in 2022 due to the economy bouncing back. As a result the recruitment industry is experiencing an undeniable boom.

“The Temporary Recruitment market has continued to grow in 2021 and coming into 2022 as more and more clients try to keep up with the high growth. Clients will need to continue to bridge the gaps within their workforce with the seasonal changes.”

“As a result of the economy bouncing back, we are going to see a very successful recruitment market for temporary workers in 2022.”

Over the last 2 to 3 years, we have all faced many tough challenges. Despite challenges like COVID and IR35, we’ve seen strong demand for both contractors and permanent staff.

“This last year in particular has seen a huge rise in the demand for experienced, qualified and reliable staff within the Construction and Engineering markets. 

The constant new developments and innovations within these markets as well as the many projects needing specialist maintenance are driving a thriving industry that is showing no sign of slowing down anytime soon!”

The trends are not contained or restricted to certain sectors, nor to either contract or permanent hires.

“The education sector is undoubtedly as busy as it has ever been. COVID and self-isolation have boosted short-term needs, while many now seek permanent moves delayed for two years. Additional funding for catch-up has also added to the demand for candidates.”

With the recruitment market’s current strength, Quba is processing and funding more than ever.

How have you been handling the booming recruitment industry?

To see more of what Quba and the DynamiQ platform can do for you in these buoyant times watch our introductory video or book a demo with one of our funding professionals now.