Furlough – what does it mean?

From relative obscurity just weeks ago, the term furlough has suddenly dominated the public lexicon. You’ll see it splashed all over newspaper headlines, printed across Government updates and probably mentioned in workplace conversations, but what does this weird term actually mean? In early March, the Government and specifically Chancellor Rishi Sunak, announced that it would put in place measures to ensure that the vast rate of widespread redundancies across…

Share this page:

Read More

May news …Rise in Vacancies…Drop in candidate availability.

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…

Share this page:

Read More

Latest market news: High demand for staff but low candidate Availability

 Key points from the March Survey: Permanent placements continue to rise; Growth of demand for staff remains high, but candidate availability drops lower; Starting salaries increase to greatest extent for five months. Growth in permanent placements… Although the rate of expansion has softened from February’s three-year record high, the growth in permanent placements remains sharp. Permanent placements vacancies continue to rise at a slightly faster pace than that for…

Share this page:

Read More

Inflation Remains at a Record High Amid Candidate Shortages

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…

Share this page:

Read More

Market update: Salary inflation hits 31 month record!

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…

Share this page:

Read More

Recruitment news Jan 2018 – Permanent recruitment continues to rise at an increasing pace

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…

Share this page:

Read More

Job Searches: Look at the Entire Package (Not Just the Salary!)

Job Searches: Look at the Entire Package (Not Just the Salary!) The start of a new year often coincides with a spike in job searches. In fact, more than half of the UK population will look for a new job in 2018. It can be tempting to focus solely on the offered salary. However, a wider perspective which takes into account the entire package being offered is advisable. Other…

Share this page:

Read More

Decline in Availability of Candidates and Increased Starting Salaries!

Key points from the October survey: Continued growth of appointments but at a softer pace Availability falls sharply Starting salaries increase at second-quickest rate since November 2015! Commentary “Its great news that employers are continuing to hire. However, that growth is slowing down and one of the reasons is that we simply do not have enough people for all the roles that are out there at the moment. And the…

Share this page:

Read More

IFAs remain resilient despite rise in robo-advice

Despite the rise in the use of robots as employees in the workplace, IFAs remain adamant that such technology will not replace their human face-to-face investment advice. Although robots and automation are increasingly infiltrating the financial services industry, experts argue that there are certain matters which robot advice cannot be used for; robo-advice generally focuses on investments which relate more to saving money rather than providing advice. For the…

Share this page:

Read More