Recruitment Trends Nov 22

Permanent placements decline for second month running in October 22 The looming recession is clearly impacting the UK jobs market. Employers’ increased reluctance to hire combined with fewer available candidates has resulted in the overall number of permanent placements falling. However, this doesn’t negate the need for staff across the South and as we head to the end of Q4, we expect some clients to continue scaling back on…

Share this page:

Read More

Government proposal to scrap European working regulations

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…

Share this page:

Read More

UK Job Vacancies Slipped To Lowest Levels In 8 Months In December

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. …

Share this page:

Read More

October News. Further drop in candidate availability

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…

Share this page:

Read More

Recruitment Activity August 21

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…

Share this page:

Read More

Recruitment Still Strong despite Brexit…

Despite the uncertainty around Brexit, companies are still recruiting. It’s very much a candidates market at the moment and demand for workers is driving a sharp increase in starting salaries. It’s been getting harder and harder for firms to find good staff and with UK immigration policy likely to tighten, this trend isn’t going to get any easier. Concerns about a no deal Brexit are putting a handbrake on…

Share this page:

Read More

Market Commentary Nov 18 – Demand still high

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…

Share this page:

Read More

 Early Autumn market update: Starting salaries rise at fastest rate since April 2015, as candidate availability drops further..

Starting salaries rise sharply amid steep reduction in candidate supply Permanent placements expand at slightly weaker pace Vacancy growth softens to near two-year low, but remains strong Companies generally are struggling to find the people they need to drive growth and opportunity.  Permanent placements growth softens… Permanent staff recruitment continued to rise at the end of the third quarter, albeit at a softer pace. Nonetheless, growth remained sharp… …as…

Share this page:

Read More

August news….Permanent placements rise at slower pace

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…

Share this page:

Read More

June / July recruitment news….Candidate shortages remains sharp!

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…

Share this page:

Read More