Talent Shortage Archives - Everpool Recruitment

The “talent shortage” is something that Legal recruitment teams and market analysts have been discussing for years. In 2024, a ManPower survey showed that more than 75% of employers globally were struggling to fill roles – in virtually every industry.

But the idea that the market is short of skilled workers is difficult to believe at a time when news about widespread layoffs and AI systems replacing human employees seems to be dominating the headlines. The truth is that companies are struggling to access the right talent with the specific skills they need to thrive. However, the “talent scarcity” these organisations aren’t just a result of a complete lack of access to skilled professionals.

The companies struggling most with talent shortages, more commonly, are dealing with deeper issues linked to poor recruitment, retention, and workplace management strategies.

Here, we’ll explore the real story by the current “skills gap” and show you how you can implement strategies to future-proof your growing Legal team.

Market Reality Check: The Current Situation

The current Legal job market is a complicated place, shaped by evolving economic uncertainties, constant technological disruption and changing workplace dynamics. On the one hand, companies have access to more talented professionals than ever before.

Not only are new generations of candidates entering the market, but by embracing flexible and remote working opportunities, employers can source candidates from a wider range of environments. Even with access to AI and automated tools that professionals fear will lead to future job displacement, countless employers are expecting to hire more team members this year.

However, across industries, business managers are still struggling to find the talent they need. This “talent shortage” is affecting everyone. According to the ManPower study mentioned above, 71% of companies with fewer than 10 employees are facing skill shortages, and 77% of businesses with up to 5,000 employees are facing the same issues.

There are numerous reasons for this. First, economic issues are making it harder for companies to offer talent the renumeration and benefits packages they’re looking for. Secondly, countless Legal employers are fighting for candidates with the same skills.

Today, every employer wants professionals not just with new technical skills, like digital literacy, familiarity with AI, but also specific soft skills: such as a strong capacity for communication, problem-solving, and adaptability. The result is an environment where countless companies are battling it out for a specific “sub-group” of candidates, rather than tapping into a wider range of opportunities.

Overcoming the Talent Crunch: Strategic Moves

As Legal businesses grapple with a tightening talent market, success lies in adopting innovative, multi-faceted, and updated strategies for talent acquisition. The key is to rethink how your organisation not only sources and attracts talent but also develops and retains its existing workforce, paving the way for future growth.

Here’s how companies and hiring managers can gain an edge in 2025.

1. Widening the Talent Pool: Updating Sourcing Strategies

The talent shortage is real, but Legal employers are actively aggravating it with the wrong approach to talent sourcing. Traditional talent sourcing strategies naturally deliver a narrower talent pool to choose from. Exploring alternative routes ensures access to more opportunities.

Look at working with Legal recruitment companies on sourcing strategies that tap into candidates from different generational and geographic groups. Consider options like apprenticeships, return-to-work programmes, and partnerships with vocational schools.

Similarly, underrepresented groups, such as individuals with disabilities, veterans, and career changers, bring valuable perspectives and untapped potential when given the right opportunities. With access to cloud-based technology, you can even consider hiring remote employees from different regions worldwide—expanding your talent pool beyond your local area.

Taking a broader approach to sourcing talent will not only give your company more potential candidates to choose from but also help improve the diversity of your team. Remember, McKinsey found that diverse teams are 36% more likely to outperform their peers financially.

2. Skills-Based Hiring: Taking a New Approach

Adopting skills-based hiring offers a transformative solution to the talent shortage. Rather than focusing your attention exclusively on candidates with specific credentials and certifications, consider their abilities that can benefit your Legal team.

A skills-based approach to hiring further widens your talent pool, by allowing you to recognise the value of non-traditional candidates. You can even tap into the experts with transferrable skills currently working in other industries.

With industries like retail and hospitality contracting, organisations are finding that workers with skills in customer service, problem-solving, and adaptability can transition seamlessly into new roles in technology, logistics, or healthcare.

Once again, skills-based hiring will increase your access to diverse talent and could help improve your chances of making successful hiring decisions. Studies show that assessing skills is five times more effective at helping companies predict a candidate’s future job performance than focusing on work experience or credentials alone.

3. Improving Your Employer Value Proposition

In 2025, if you want to hire the best Legal candidates, you need more than just a competitive salary. Attracting and retaining talent requires an investment in a unique, compelling employer value proposition (EVP), that resonates with the priorities of the current workforce.

Right now, employees are searching for more meaningful, purpose-led work, greater flexibility, and a sense of belonging in their companies. They’re also looking for more diverse benefits and opportunities for continued growth and development.

When developing your EVP, combine a competitive salary with a comprehensive benefits package that covers everything from traditional perks like pension plans to mental health support, childcare options, flexible work, or adjustable schedules.

Concentrate on building a company culture focusing on work-life balance, employee wellness, and continuous training and development. Offering employees access to everything from courses to training programs and mentorship can make your workplace more appealing. Plus, focusing on employee development also helps you to enhance the value and potential of your existing team members – which takes us to our next point.

4. Making the Most of Your Team: Talent Development

In a complex talent landscape, finding employees with the specific combination of Legal technical skills and soft skills you need can be extremely difficult. However, training your existing team members and helping them to develop new skills is often much easier.

Building robust development pathways for your employees will ensure you can fill skill gaps much faster, while fostering ongoing loyalty and engagement.

Cross-functional training is a practical starting point, enabling employees to acquire skills beyond their immediate roles. By investing in programs that encourage transferable skill development—such as leadership, communication, and problem-solving—companies can prepare employees for varied positions. Combining development strategies with succession planning is equally important.

Identifying high-potential employees early and mapping clear paths for advancement ensures that businesses have capable leaders ready to step up when needed. You could even ask existing Legal leaders to act as mentors, giving newer employees the leadership skills and insights they’ll need to thrive in future roles.

Investing in growth and learning will help you to unlock full value of your existing employees, improve your employer brand (to attract new talent), and increase retention rates.

5. Optimising Employee Retention

Finally, speaking of retention, holding onto your top talent is just as important as being able to attract new candidates in a skills-short Legal market. An effective retention strategy will reduce the number of “gaps” you need to fill in your team, and reduce the cost and disruption caused by regular turnover.

Investing in the development of your team members and offering access to both competitive salaries and strong benefits is a good way to boost retention. However, there are other strategies you can explore too. Foster a culture of recognition and appreciation.

Regularly acknowledging and rewarding your employees for their contributions helps to build loyalty and morale. Prioritise the wellbeing of your employees, by taking a proactive approach to fighting against burnout, helping them handle stress, and giving them flexibility in their roles.

It is also crucial to create an inclusive workplace where everyone on your team feels supported and appreciated regardless of their role or background. Transparent communication, regular team-building exercises, and diversity training can be helpful here.

Building a Resilient Recruitment Strategy

The talent shortage in the Legal industry is real. But it’s up to you how much it affects your recruitment strategy. If you continue to rely on the same old-fashioned methods to attract, source, and acquire talent, and fail to invest in the retention and development of your existing employees, then you’re going to struggle to grow.

Alternatively, if you expand your sourcing pools, look beyond traditional recruitment strategies, and commit to building an environment where employees naturally grow and thrive, you’ll stay one step ahead of the competition.

The job market has changed, don’t harm your future by leaving your recruitment strategy in the past. Adapt, and evolve, and your workplace with thrive.

The hiring market in the Fashion industry has been candidate-driven for some time.

Countless companies are now competing for candidates with critical skills to help their organisations thrive in a challenging economy. This means talented professionals have more freedom to select positions that align with their priorities and values.

Positioning yourself as an “Employer of Choice” (E.O.C.) in Fashion is critical to reducing the costs and complexity of the recruitment process, as well as accessing the right talent.

How do you develop a reputation as the “ultimate” business to work for?

Here, we’ll look at some of the most valuable strategies business leaders can use to position themselves as an employer of choice.

Attracting Top Talent: Why It Matters Now

Rampant skill shortages and increasing competition for talent have led to a complex recruitment environment for Fashion companies. Up to 80% of businesses in the U.K. are having trouble persistently filling roles, and the issue extends worldwide.

The U.S. Chamber of Commerce reports that there are currently 9.5 million job openings in the U.S. and only 6.5 million unemployed workers.

Simply put, the number of talented professionals in the job market is dwindling, and these candidates are becoming more discerning about which companies they choose to work for.

Employees now expect organisations to offer a combination of diversity, equity, inclusion, a supportive company culture, a commitment to the environment and sustainability, and exceptional growth opportunities.

All the while, they’re still searching for flexibility and compassion from employers.

This trend will only continue as Gen Z enters the workforce, prioritising ethical behaviour, wellbeing, and workplace perks ahead of higher salaries.

Hiring the wrong candidate isn’t an option, with a poor hire costing companies from 30% of a hire’s first-year salary up to £240,000 for senior hires. This means companies must invest more heavily in positioning themselves as the ideal employer for their intended workforce.

Becoming an employer of choice:

Increases productivity and profitability: Well-supported, satisfied, and happy staff members are more productive and profitable.
Companies with a positive people-first company culture achieve four times higher profits than their competitors.
Simplifies recruitment and retention: Passive candidates and top talent are more likely to apply for a role with a company considered an “employer of choice”.
Enhances brand equity: A satisfied workforce is likelier to speak highly of their employer, refer new team members to the company, and deliver excellent results.

Key Strategies to Become a Company People Want to Join

Becoming an employer of choice in the Fashion space requires a multi-faceted approach to addressing the needs and expectations of your candidates. Several strategies in today’s hiring market can boost your chances of attracting and retaining talent.

1. Cultivating a Strong Company Culture

Culture is increasingly crucial to top talent in the Fashion landscape. Employees want to work with a supportive, empathetic, and flexible company. According to an Inc.com survey, winning companies consistently demonstrated a more significant commitment to building a culture that delighted and engaged employees.

Building a strong culture in the current environment involves:

Concentrating on employee engagement: Look for ways to consistently engage employees, delivering feedback, recognition, and rewards for their work. Enable consistent collaboration and communication between teams, and invest in team-building exercises.
Offering flexibility: 93% of candidates say they want a flexible role. While remote and hybrid working might not be an option for every Fashion company, there are other ways to offer flexibility, such as giving employees more ownership of their schedules.
Supporting work balance: Wellbeing and work balance are crucial concerns, particularly for younger Gen Z employees. Encouraging team members to use their paid time off or allowing them to manage their work schedules around their lives is becoming increasingly essential.

Additionally, employees are searching for more ethical employers committed to protecting the environment, supporting different communities, and treating people compassionately.

2. Offer Competitive Benefits and Compensation

While many Fashion candidates are looking beyond salary in the search for the ideal role, the right remuneration is still crucial to attracting candidates. A complex economic environment and cost of living issues are prompting many employees to leave their old roles for better income.

A Gallup study found the importance of a higher salary had risen in priority from no four to no one since 2015.

Ensuring your remuneration packages align with or exceed the industry standard will help you attract more loyal, engaged employees.

However, it’s crucial to look beyond direct remuneration, too. Gen Z and X members say they would quit their jobs tomorrow for one with benefits supporting their wellbeing. Consider which benefits are most likely to appeal to your target candidates.

Many standard drivers for many employees are flexible, remote, and hybrid work. However, access to other benefits, such as mental and physical health support or the ability to spend time volunteering for causes they care about, will be valuable to some Fashion candidates.

3. Invest in Employee Development and Growth

A strong employee development program has always been a priority for the best Fashion candidates. Every employee wants to expand their skill set and become more valuable to their employer. More importantly, they want to see a future with your company.

This is particularly true in recent years, as employees continue to worry about the growing issue of job insecurity. With this in mind, invest in your employees’ development and look at opportunities to help them enhance critical hard skills (digital literacy) and soft skills, such as communication, collaboration, and resiliency.

Explore options such as:

Online learning and courses: Online learning initiatives can give Fashion employees more freedom to choose and manage their development path. They can explore a range of courses related to their role in their own time.
In-person training: Empower employees to attend in-person classes or workshops. Allow them to visit events and conferences where they can expand their network.
Mentorship: Consider creating a mentorship program where your high-level employees can provide consistent guidance to newer staff members.
On-the-job development: Create opportunities for team members to participate in additional projects or lead a project. Delegate tasks to them that will stretch or develop
new skills, or build their competency.

4. Embed Inclusivity and Diversity

Fashion candidates, particularly in the Gen Z and millennial landscape, believe inclusivity and diversity is critical to building an enduring company culture. They’re looking for employers who deliver supportive, equitable environments to team members from all backgrounds.

Reports from analysts like McKinsey also show that companies that are diverse, equitable, and inclusive are better able to respond to challenges, find top talent, and address the needs of an evolving customer base.

Communicate clearly with your employees about your diversity and inclusion efforts and how they relate to your organisation core values. Introduce training initiatives focused on diversity and inclusion. Explore cross-team collaboration exercises that encourage people from different backgrounds to collaborate and share perspectives.

You can also demonstrate your commitment by ensuring you’re taking an unbiased approach to hiring. If this is an area you can develop further, working with a specialist recruitment company like us at Everpool can help.

5. Embrace Transparency and Open Communication

Today’s world is plagued by confusion and uncertainty, making it more critical than ever for Fashion employers to demonstrate transparency with their staff members. Employees want clarity, not just when it comes to identifying their roles and responsibilities, but also regarding understanding their purpose and impact on the company.

Open communication is crucial, which means sharing updates (both positive and negative) with your employees about the direction your business is moving in and what it means for them.

Remember, open communication is also about listening.

Gathering feedback from team members about what you can do to give them a better work-life balance or experience will improve your prospects of retaining staff and enhancing your employer brand.

Becoming an Employer of Choice

The shift to a candidate-driven, skills-short market means Fashion companies need to work harder than ever to attract and retain top talent. Developing a strategy to improve your employer brand and value proposition through flexibility, diversity, inclusion, and empathy is crucial.

Perhaps the easiest way to start this transformative journey is to work with a Fashion recruitment company that can guide your business.

The right recruitment company will help diversify your talent pool, guide you through creating an exceptional company culture, and offer insights into the priorities of your candidates.

At Everpool Recruitment, we have been helping firms acquire talent, and Fashion job seekers find their ideal roles. If you want to find out how we can help, call us at 0151 556 2090 or email us here info@everpoolrecruitment.com

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