2023 Salary Guide v10 DIGITAL - Flipbook - Page 9
09
The long-term impact of Brexit
Three-and-a-half years after the EU Referendum,
the UK left the EU on January 31 2020, with
a transitionary period ending on December 31
the same year.
Despite fears that Brexit would significantly
affect the availability of staff at a time when
talent shortages are rife, 57% of employers told
us it has not impeded their ability to recruit
suitably qualified candidates at all.
Nevertheless, nearly a fifth (17%) claim their
hiring has been obstructed by Brexit, limiting the
number of high-quality applicants available from
continental Europe. There also appears to be no
signs of a Brexit ‘dividend’ so far, with few, if any,
positive outcomes emerging for recruitment.
Currently, 46% of
employers sponsor
overseas candidates,
but this could be set
to rise if candidate
shortages persist.
Our consultants are reporting a greater
willingness among organisations to consider
sponsorship arrangements, although we are not
yet seeing this materialise in terms of final offers.