Overview:

Our ‘Hiring Happenings’ podcast is now global for the rest of the 2024. It sees our host, Angela Cripps discuss what is currently happening economically around the world and how this relates to the recruitment industry with guests Donal O’Donoghue and Adam Pode.

They get into the annual reports hitting the news, inflation, GDP, Labour costs, Ansoff Matrix, The Big Mac Index, cross selling, international recruitment and much more.

Guests:

Donal O’Donoghue – Sanderson MD

Adam Pode – SIA (Staffing Industry Analysts)

0 m 15 s: Introduction to Hiring Happenings

0 m 50 s: Introduction to Adam Pode

2 m 05 s: Introduction to Donal O’Donoghue

3 m 58 s: First principals – macro economic factors

5 m 50 s: The impact on an international recruitment business

7 m 20 s: 92% drop in profits in Hays annual report

9 m 46 s: Top 10 countries equating to 75% of revenue, GDP and India-made

11 m 55 s: Growth equating to opportunities and impact of salary costs

13 m 08 s: GDP and regression analysis, US healthcare phenomenon

16 m 30 s: Supply & demand and ways of developing business, where to invest

19 m 43 s: Labour costs and their impact, skills shortages and the biggest worry

23 m 04 s: Uncertainty, the ways to measure and the positive indications

26 m 13 s: Green shoots, increasing permanent hiring at the mid-senior levels

29 m 12 s: Inflation and its implications

31 m 46 s: Salaries versus productivity and the costs of doing business

34 m 26 s: Globalisation, exchange rates and strategy

37 m 32 s: The Big Mac Index

39 m 20 s: The Opportunities, Ansoff Matrix, M & A, Consolidation

42 m 39 s: Cross selling, temp and perm working together

43 m 36 s: The professionalisation of staffing and optimistic futures

45 m 29 s: Thank you, summary and goodbye

Links:

Donal O’Donoghue

Adam Pode CCWP

Sanderson

SIA (Staffing Industry Analysts)

Hays profits plunge 92%

IMF - International Monetary Fund

The Big Mac Index

SIA Research

World Uncertainty Index

The Ansoff Matrix

PESTLE stands for:

🗳️ Political

💰 Economic

🏘️ Sociological

🤖Technological

⚖️ Legal

♻️ Environmental

It’s a strategic tool to understand the macro-environmental factors impacting an industry. In 'Hiring Happenings', this approach is applied to dig beneath the news and keep you well informed.

Recruiting Gym ⁠

Recruiting Gym Online Training platform

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For a transcript of this episode, please email [email protected]