Parasol: As scrutiny tightens on recruitment, there’s opportunity

With Option 3 and the Employment Rights Bill (ERB) looming, recruiters could be forgiven for focusing on the associated financial cost of compliance.   

But when scrutiny tightens, so too does the commercial opportunity for businesses who take an early lead in following new rules.  

The checks and balances required of agencies under the forthcoming legislation; to improve due diligence and reduce supply chain risk; will require greater transparency and the introduction of more comprehensive record keeping – which in turn will lead to technology and automation being introduced to handle much of the heavy lifting of onboarding, candidate verification, and payroll admin.  

The result? Time freed up to spend on driving growth and productivity with fee-earning activities. 

The Parasol Pulse: making sense of compliance 

The Parasol Pulse is the brand-new podcast from Parasol’s panel of industry regulation experts – Director of Compliance Chris Bloor, Commercial Director Andrew Webster, and Group Sales Director Ashley Olliver.  

In this first episode, they discuss Option 3 and the ERB in detail – what’s to come and the multiple potential impacts on agencies.  

As they reveal, the agencies that take early affirmative action on the new regulations will be the eventual winners; not only getting greater control over their supply chains and driving new levels of productivity, but also setting themselves up to benefit from the trust capital that compliant operators will build with their end clients.   

Watch or listen here.

Could your agency benefit from strategic advice around complying with the new legislation? Parasol is offering a limited number of free, on-site compliance workshops for agency leads and their front-line teams. Get in touch using pulse@parasolgroup.co.uk for further information.