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3 Min read | By James Fellowes

Light at the end of the (unemployment) tunnel?

After months of gloom and darkness, finally, some overdue positive employment stats as reported by the BBC.

‘More than half of UK employers intend to recruit staff in the next three months, according to new research.’ The human resources body, the CIPD, said it was the first positive signs for employment prospects it had seen in a year.

About 56% of 2,000 firms surveyed planned to hire in the first three months of 2021.The sectors with the strongest hiring intentions include healthcare, finance and insurance, education and ICT.

“Our findings suggest that unemployment may be close to peak and may even undershoot official forecasts, especially given the reported fall in the supply of overseas workers,” said Gerwyn Davies from the Chartered Institute of Personnel and Development (CIPD), which carried out the survey with recruitment firm Adecco.

The survey also found that the number of firms planning to make redundancies in the first quarter of 2021 dropped from 30% to 20%, compared with the previous three-month period.’ Source: BBC News.

For those employers starting to take the first few tentative steps to ‘building back better’ after the pandemic, what better place to start than expanding your talent pool to source the very best ‘untapped talent’; regardless of background, health conditions or academic qualifications. CIPD research proves that most inclusive employers experience significant increases in staff retention, 66% experience a boost in skill levels and 92% a spike in reputation. Just ask Timpson’s.

In the 16 weeks since launching the Bridge of Hope Inclusive Talent Portal, over 27,000 highly resilient candidates have now registered and we have facilitated 13,200 job applications through our portal, with 24,600 posted jobs streamed during this period. Read more about The Bridge of Hope here.

These highly resilient candidates – many with invaluable ‘lived experience’ are supported by over 85 wonderful non-profit organisations – across all talent pools – and dozens of ‘widening participation’ universities.  Meanwhile, ten progressive PLC’s and multiple inclusive SME’s have already subscribed to the portal to expand their own talent pool and also proactively accelerate their D&I agenda.

The added benefit is that, as part of a social enterprise, we are able to redistribute any earnings with our referring charities and non-profits to help them thrive – not just survive – in these challenging times.

The Bridge of Hope is the missing link between charities with ‘untapped talent’ and inclusive employers seeking to expand their talent pool.

Join our mission to make ALL employment inclusive employment. Why? Because everyone deserves the right to employment.

E: james.fellowes@bridgeofhope.careers

ABOUT THE AUTHOR

James Fellowes

James Fellowes is the Founder of Bridge of Hope, a jobs portal dedicated to bridging the gap between progressive employers and a fresh pool of talent. James is a ‘corporate refugee’ - formerly a senior international executive at Diageo, Bass and Omnicom – after losing (almost) everything due to a combination of bad luck, bad people and undiagnosed bipolar disorder. He is now on a personal mission to make all employment inclusive.

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