Corporate Talent Recruitment Budgets Allocation Essay

2100 Words9 Pages
Introduction CIPD (2015) projects that corporate talent recruitment budgets allocation are likely to grow and there is an increased demand for labour in the UK job market. However, CIPD (2015) further notes that businesses are experiencing an acute shortage of skills and there is an increase in competition among companies for top talents in technical, managerial and supervisory positions. Dychtwald, Erickson & Morison (2013) further supports these findings and attributes the UK’s labour shortage to a rapidly growing older generation and a shrinking younger generation. The desire to be successful, outmanoeuvre competitors and remain sustainable is deeply rooted in the business’ survival strategy (Shachar & Hirschl, 2013). Organisations have come to realise that to excel, a skilled and highly trained workforce is necessary (Campbell, Coff & Kryscynski Wang, 2012; Lin & Chu, 2011). Thus, organisations in the UK are increasingly searching for alternative strategies to outdo their competitor’s and recruit top talents. This research involves a large private food processing company in Suffolk that seeks to increase the number of applications for two problematic positions: Machine Operators on the production line and Supervisory Staff in the sales and marketing department. The study will conduct a brief preliminary investigation to determine the recruitment channels available to the HR (Human Resource) manager and then focus on the suitability of employing a recruitment agency. The
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