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News & Insights

From Challenge Comes Opportunity - Planning for 2021

Sharp & Carter 2020 2021 Market Insight
​What better time to take stock of the unpredictable and unprecedented year that 2020 has proven to be, than before we enter the final run-in to Christmas.

2020 has certainly thrown up some challenges, and it will be a year that we won't forget in a hurry. Having said that, with challenge comes opportunity and here’s hoping that the strength, grit and resilience shown in 2020 will prove to benefit us all in 2021 and beyond!

Below are some of my key learnings from the last six months:
  • Yes, the market experienced a tough Quarter 2 due to obvious reasons.

  • The market HAS picked up since Quarter 3, seeing a steady increase in roles across NSW, VIC and QLD.

  • More and more companies are hiring, and more and more candidates are securing roles.

  • There is a renewed optimism in the market, albeit a cautious optimism.

  • Improvements are incremental and gradual, but they are improvements nonetheless.

  • Has the market fully recovered? No.

  • Will the market fully recover? Absolutely.

Advice to clients and candidates as we head into 2021:
Clients:
  • Plan now. If you leave it until January 2021 to start your recruitment processes, then you may already be behind.

  • Permanent recruitment processes can take up to 4 weeks to come to fruition with some permanent processes taking longer in the current climate.

  • Add a typical candidate notice period of 4 weeks, and you are looking at a 2-month timeframe before you have your desired candidate in their role.

  • 2 months from now and we are into December 2020, and you guessed it, 2021 is upon us!

  • Therein lies the opportunity to secure the top talent in the market before your competitors.

Candidates:
  • To say it has been a difficult market for job seekers would be an understatement but please do not equate your value as a candidate and future employee to the number of knock-backs that you may receive along the journey to finding your perfect role.

  • Take feedback, generate learnings and continue to move forward.

  • Success in a job search comes from connectivity, activity and above all else, PERSISTENCE.

  • Keep your finger on the pulse of the market. Opportunities are increasing incrementally across NSW and here's hoping this continues as we lead into 2021. Still, it is up to you to make sure you are in plain sight of these opportunities.

  • Whether you are ‘active’ or ‘passive’, always be open to a conversation as you never know when that 'perfect role' will turn up.

If you are a client looking to recruit in your team or a candidate looking for their next opportunity, please get in contact with us, and we will put you in touch with a team relevant to you.

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