The return of Scottish schools after the summer holiday can have a positive impact on the employment market in the region for various reasons and can specifically impact the accountancy and HR professions.
Increased Hiring Activity: With schools back in session, businesses and organisations tend to ramp up their operations, leading to increased demand for accounting and HR professionals. There are several reasons for this one being a concertina effect where recruiting over the holiday period has been put on hold/slowed down along with business as usual recruitment requirements.
Budget Planning and Recruitment Cycles: The start of the academic year sometimes coincides with companies’ budget planning and annual recruitment cycles. In addition, the recruitment market is commonly stimulated at specific times of the year with the Autumn term being the busiest.
Staffing Adjustments: Some businesses may have experienced changes in their workforce during the summer, such as employees taking holiday or extended leaves. As schools reopen, companies may undertake staffing adjustments to ensure they have the right talent in place. This can lead to openings for accounting teams to see an increase work load when forecasting employee growth and HR professionals to help manage workforce planning and talent acquisition.
Career Development Opportunities: The start of the new school year often signals a time for renewal and growth. Accounting and HR professionals may be more motivated to make a career move or seek new challenges during this period. Additionally, the availability of educational resources and training programs can inspire individuals to pursue career development opportunities, which can lead to increased job movement within the industry.
Company Expansion and Business Growth: Some businesses may plan to expand or launch new projects after the summer break. Such expansion efforts can create new positions in accounting and HR departments to support the growth and ensure proper financial management and staffing.
Internship and Graduate Programs: Many companies offer internship programs and graduate schemes for recent graduates and students. As schools reopen, organizations may kick off these programs, providing accounting and HR students with valuable work experience and potential job opportunities.
Talent Attraction and Recruitment Efforts: Companies looking to attract top accounting and HR talent may choose to begin recruitment efforts as schools reopen. This timing aligns with the availability of fresh graduates and professionals who may be exploring new opportunities at the start of the academic year.
In summary, the return of Scottish schools after the summer holiday can create a dynamic job market for accounting and HR professionals. The combination of increased business activity, staffing adjustments, career development opportunities, and recruitment efforts can lead to more job vacancies and attract candidates eager to make a career move in these professions.
