Many employers still planning to hire in 2012

Recruitment agencies often struggle with cashflow - could invoice finance help?

The Recruitment & Employment Confederation’s latest monthly report for January has shown that employers, despite some caution, will be looking to increase their workforces over the next 12 months.

Even as unemployment levels have increased and record levels of young people are now out of work, many employers still plan to add to their workforces. In fact, 63% of employers surveyed were expecting to increase their headcount in the short term.

But across some sectors, problems are being had finding the right candidates with appropriate skills. Shortages of appropriate candidates for permanent positions were expected to occur in professional and managerial roles; medical and healthcare; and Education and Training.

The REC’s Director of Research Roger Tweedy felt that employers were adopting ‘wait and see’ policies once again with regards to the economy. But despite economic woes, it was noted confidence is still markedly higher than its lowest point in September.

Invoice Finance for reecruiters

Recruitment agencies can be prone to struggle from cashflow issues as staff need paying upfront.

Often inflexible overdrafts just can’t provide the finance recruiters need to maintain steady cashflow.

However, there are alternatives for recruiters which can provide a much more flexible finance solution tailored specifically to their individual needs.

Why not find out more about the invoice finance facilities we provide to recruiters, or contact us today to speak to our expert staff about what invoice factoring and invoice discounting services can do for your recruitment agency.