Since the Brexit deal having come into effect, the UK is no longer bound to adhere to EU employment law. Hence, the UK government is in talks to change UK employment law in December 2023 which will affect maximum working hours, legal holiday entitlement and breaks during shifts. What is the current legal position? Currently, in the UK working hours are limited to an average of 48 hours a…
According to the Recruitment and Employment Confederation (REC) and KPMG, job vacancies in the UK slipped to their lowest levels in eight months in December Meanwhile, a report from the British Chambers of Commerce (BCC) revealed 79% of businesses are experiencing difficulties recruiting people, particularly construction and hospitality firms. The findings further contribute to the evidence that the arrival of the omicron variant of coronavirus has setback the UK’s economic recovery. …
Slower increases in permanent placements Candidate availability continues to drop rapidly as demand for staff rises further Starting salary inflation hits fresh series peak Starting salary inflation hits fresh series record in October Adjusted for seasonal factors, the Permanent Salaries Index signalled a sharp and accelerated rise in salaries awarded to new permanent joiners in the South of England in October. Furthermore, the rate of pay inflation reached a…
Permanent staff appointments expand at record rate Unprecedented decline in availability of workers Starting salary inflation hits fresh series high Record increase in permanent placements during August After slowing in July, growth of permanent staff appointments across the South of England accelerated to a fresh series high in August. The rapid upturn was frequently linked by recruiters to increased market activity following the relaxation of pandemic measures and greater…
Improved market confidence among employers has led to the sharpest rise in permanent appointments in six years. As the government outlined its roadmap for lifting lockdown, and with Covid-19 infections, hospitalisations and deaths all falling, temporary billings also grew at the fastest rate since 2017. The latest UK Report on Jobs, compiled for the Recruitment and Employment Confederation and KPMG, shows that demand for workers grew rapidly in March…
The latest national lockdown has knocked business confidence, evident by a
renewed drop in permanent appointments as businesses put recruitment on hold.
Quickest drops in permanent placements and temp billings since early-2009 Staff vacancies decline Slower increases in pay for both permanent and temp staff The coronavirus pandemic has put the labour market on pause. It does mean massive disruption in the short term, but we need to remember that this has to be done in order to protect businesses and save lives.What we should be concerned about is how we…
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…
Candidate shortages contribute to slower rise in recruitment in June… Key points from June: Permanent placements continue to rise, but not as sharply as previous months Candidate availability deteriorates at steeper pace Robust demand for staff leads to further marked rises in pay Commentary : It’s a great time for people looking to take the next step in their careers, as employers compete for new staff in a tight…
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…
