Steeper increases in permanent placements Starting salary inflation close to September’s recent high Steeper decline in candidate supply Commentary “firms continue to hire new staff at near record rates. With the jobs market so heated, businesses across the country, of all types, are struggling to find work ready staff. Some clients tell us they are seeing the worst period of staff availability for many a year. A four-decade low…
Key market points: Permanent placement growth softens to nine-month low… Staff vacancies expand at quickest rate since last November Decline in candidate availability eases, but remains historically sharp Commentary The rise in interest rates for only the second time in a decade may leave some people feeling the pinch. But a new job is one way people can ease the burden on their finances. With our data showing starting…
Key Points: Continued rise in permanent placements; Growth of demand for staff picks up for the first time in nine months; Steeper decline in candidate availability triggers greater rises in pay. Permanent placements… There has been an increase in permanent placements but the rate of expansion in April was the softest witnessed in 2018. The growth of placements was underpinned by a further substantial rise in demand for staff…
Key Points from the February Survey: Softer rise in permanent placements High levels of candidate shortages amid high starting salaries Softer rise in staff vacancies Softer rise in permanent placements… The number of people placed in permanent jobs increased in February although at a slower rate than January’s recent high. The continued increase has been attributed to a strong demand for staff and a greater willingness among candidates to…
Key Points Strong rise in recruitment Starting salary inflation hits 31-month record alongside lack of candidate availability; Growth of demand for candidates declines slightly but still remains high. Sharp Increase in Permanent Placements Permanent placements have continued to rise each month for the past year-and-a-half. This growth has been linked to a greater demand for staff, although some panellists suggest that improved decision-making has also been a factor. Increase…
Key Points from the December Survey: Permanent placements continue to rise at an increasing pace; Pay inflation remains high alongside a further decrease in candidate availability; Demand for staff softens but remains historically strong. Permanent Placements Permanent staff placements have increased at the quickest pace since August. This has resulted in a higher number of people placed in permanent job roles for the seventeenth month running in December. Key…
A highly insightful article about the rise of the “gig” economy globally and its implications: http://economia.icaew.com/en/features/june-2017/the-rise-of-the-precariat
Key Points from the November Survey: Permanent placements rise at a quicker pace; Availability of candidates continues to decline sharply; High demand for staff leads to further increases in pay; The unemployment rate remains low. Staff Appointments Rise Further… The growth in permanent placements has reached a three-month high across the UK. The rise has been attributed to an increased demand for staff and company expansion plans. The number…
Concern that over one third of financial services are unsure if they are MiFID II compliant What is MiFID II? MiFID II is an EU Directive which comes into force January 3rd 2018. Its purpose is to offer greater protection for investors and create greater transparency in all asset classes: from equities to fixed income, exchange traded funds and foreign exchange. How will it affect investment decisions? The legislation…
Brexit: A Ticking Time-Bomb for London’s Financial Industry? Fears are escalating as there are concerns that Britain’s vote to leave the EU in 2019 will harm one of its most successful industries… The Impact of Brexit on the Financial Sector The industry is crucial to Britain’s economy, accounting for 12% of Britain’s economic output and paying more tax than any other industry. Roughly one-third of the transactions within this…
