Bristol has one of the highest concentrations of recruitment companies outside of London

Ken Stewart, Barclays.

As part of its recruitment feature, BLM met with Barclays to find out more about how the sector is evolving.

There are certain industry sectors that appear to demonstrate more than others the health or otherwise of the economy – whether viewed on a global, national or regional level – perhaps none more so than recruitment.

As a traditional barometer of hiring intentions, job security and the near term outlook, recruitment firms are often closer to businesses and their growth ambitions or contraction requirements than many of those within the companies themselves.

There are few countries that have such a mature recruitment sector, and where flexible working is embraced as widely as within the UK. This is one of the most developed temporary / contract and permanent recruitment markets that enable companies to be flexible in their approach to hiring throughout the economic and seasonal cycles that impact upon their own trading patterns.

With a flexible market come other challenges however. Whilst flexibility for worker and employer can deliver benefits to both, protecting the rights of all workers remains key.

Recent years have seen considerable legislation enacted that has added additional complexity and potentially cost to recruitment businesses through enhanced compliance or in meeting obligations to workers, where these would otherwise be met by their permanent employers.

Despite the economic and legislative challenges that the recruitment sector faces, the industry is resilient. It has demonstrated the ability to evolve and grow to deliver its services through traditional methods and embraced the technology that offers both competition and opportunity.

Bristol and the South West has one of the highest concentrations of recruitment companies outside of the City of London, and as such is seen as a primary industry focus where we can seek to enhance value for clients operating within this sector; for example through Recruitment focussed events alongside our strategic partners, advising on specific regulatory factors affecting the sector, or helping clients achieve their aspirations from starting up their own venture to building their enterprise for a future sale.

Ken Stewart, Recruitment specialist South West for Barclays continues: “It is always a personally rewarding experience meeting clients and working with them side by side. We always do our best to deliver the right solutions that will help them achieve their business ambitions. With over 20 years corporate banking experience, the recruitment sector is an area of interest that I am proud to be supporting throughout the region.”

Barclays has long recognised that supporting our clients through an industry focused approach will enable us to deliver appropriate added value and a level of knowledge, understanding and commitment that businesses should expect from their banking partner.

Whether providing key operational banking services or working/growth capital to support your day to day business and strategic ambitions, Barclays has demonstrated over many years that we know the industry.

“Barclays commitment to this important sector is highlighted by the focus that we have across the country and especially in the South West. Not only can we deliver local knowledgeable support, we can offer the opportunity to share best practice and knowledge from across the Barclays network. This is a hugely important sector to us and I know that Ken is well placed to deliver specialist know how,” David Roust, Head of Recruitment Sector.

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