Starting your own recruitment company will make you look at data – differently!
It will make you look at it in two distinct ways. The media are full of reports and opinions on how important data is, and is becoming, to businesses in general, and recruitment companies in particular. Gathering data, and knowing how to do it, is proving vital in building up pictures of companies and candidates, enabling a better fit. It’s another area where technology is being brought to bear, and it’s bearing fruit. To ignore the importance of data is dangerous.
But, to ignore the legislation that surrounds and protects data is potentially just as perilous. The General Data Protection Act (GDPR) will apply in the uk from May 2018, and any suspicions that it will be halted by BREXIT are long gone.
If you’re running a recruitment company – or just starting one up – it will affect you. This is legislation that goes to the heart of what information you have about someone, how you use it, and how you store it.
To get into the details for a moment, as a recruitment agency you could be defined as a ‘controller’. That’s someone who determines how and why personal data is processed. When it is processed it’s deemed to be so by a ‘processor’. It might appear obvious, but this terminology is complex. For example, despite being a ‘controller’ you could, as a recruitment consultancy, also be deemed a ‘processor’ . If you are, then you’ll find yourself with some extra and stringent rules to abide by regarding the maintenance of personal records.
Frankly it’s enough for a well established consultancy to deal with. For a start up it could be a minefield.
It’s precisely the sort of area that our experts can help you with. At The Recruit Venture Group we specialise in helping recruitment professionals to launch their own businesses.
100% initial funding is just part of the package. You’ll also receive shares and dividends – in your own business – and access to a complete back office and support system.
You’ll be sufficiently supported to pay yourself a salary from the start, which is a huge relief, and underlines the risk free nature of our package.
And then we go further still. We stay with you. Legal and taxation advice are part of the deal. So too is invoicing and payroll. When it comes to new legislation – like the GDPR – we study it and update you.
It leaves you free to get on with building your business. Safely.
If you’ve got five years unbroken experience in recruitment, and preferably three of them in a specific sector, and you’re serious about starting up on your own, Apply Now.
Let’s look at this – differently!