With British citizens voting in favour of Britain exiting the European Union, Brexit has finally become a reality. Unfortunately, a lot of people are unaware of what Brexit means. However, one thing that remains clear is that the move will have a huge impact on the British economy. Already, the uncertainty that came after the decision threw British financial services as well as other sectors into a turmoil. Experts are also predicting that Brexit will continue to affect other industries and businesses in Britain, as the country starts the process of negotiating an exit from the EU. One of the sectors that will especially be affected is the recruitment industry, where digital recruitment companies based in the UK, such as marketing leaders Sphere Recruitment, are expected to feel the effects of Brexit. Below is a look at some of the ways on how Brexit will affect international recruitment companies based in the UK.
Increase in geographical barriers
One of the main advantages that the UK recruitment companies enjoy with Britain as part of the EU is the high talent mobility, thanks to the free movement of people in the region, which allows workers to move freely. However, once Brexit is finalized, it