Close Brothers Invoice Finance have revealed important advice for firms operating in the recruitment industry and what to look out for in the new GDPR guidelines.
From May 2018, GDPR will apply to all businesses operating within the EU and the legislation is being brought in to regulate and standardise how companies handle and use personal data.
Research shows that 44% of recruitment companies surveyed have started to prepare for the change in regulation; however this leaves many whose reputations are at risk should they not comply by 25 May 2018.
It is important to ensure your business is aware of what is required and takes action. This may include updating procedures or investing in new software.
In an industry such as recruitment where data is collected, and trust and reputation are paramount, it is key to be fully prepared for the changes to come.