April 2018 Newsletter

KEY POINTS FROM SURVEY

Nationally

Permanent placement rise sharply, but temp billings growth eases to 13-month low
Candidate availability declines at softest pace for a year
Staff vacancies increases to weakest extent since December 2016

For The North

Starting pay for both permanent and short-term labour increases at sharper rates
Growth of permanent staff appointments slows due to candidate shortages
Job vacancies in the north of England rise further

PERMANENT PLACEMENTS GROWTH REMAINS SHARP BUT TEMP BILLINGS RISE AT WEAKER PACE!!!!

REC Director of Policy Tom Hadley says:

“Permanent placements are growing month on month as demand for staff remains high. More people are entering employment, but it doesn’t make up for the shortfall of candidates for many roles, from cyber security and aerospace through to sewing machinists and drivers.

As a result employers are increasing starting pay to draw candidates away from current roles into new positions. Growth in pay for temporary roles especially is accelerating. In hospitality, demand for temporary staff is really high, but businesses have had fewer applicants from the EU since the Brexit vote. Employers are working hard to make themselves attractive to UK nationals, but they will still need temporary roles to be filled by EU national’s post-Brexit and the government must allow for this.

Candidates planning to move jobs have a strong chance of getting a pay rise. With inflation outstripping pay growth for over a year now, high pay offered will be tempting, as the pressure on starting salaries still isn’t translating into pay rises for stay who stay put. Employers need to look at other means to keep staff, such as creating a good workplace culture and offering progression opportunities.”

DEMAND FOR STAFF BY SECTOR

Permanent Staff

As has been the case in each month since August 2016, the number of people placed in permanent roles across the UK increased during March.  Notably, the rate of expansion edged up fractionally from February, remaining sharp and above the long-run trend.  Growth was generally linked by panellists to greater staff vacancies and robust demand for staff.

The upturn in permanent staff placements was once again led by the Midland, though rates of growth were marked in all of the other four UK regions monitored by the survey.

Engineering led the rankings for demand for permanent staff during March, closely followed by IT & Computing. Nonetheless, permanent job vacancies also rose markedly across the remaining seven job categories.

Engineering

IT/Computing

Accounting/Financial

Hotel/Catering

Executive/Professional

Blue Collar

Secretarial/Clerical

Construction

Nursing/Medical/Care

Temporary Staff

Although growth in temp billings remained sharp in March – and above the survey’s average – the rate of expansion softened to the weakest since February 2017. New client wins, strong demand and rising business requirements were all factors underpinning the latest increase in temp billings. However, some recruiters mentioned that a greater preference for permanent workers alongside candidate shortages had weighed on growth.

On a regional basis, Scotland recorded the highest rise in temp billings at the end of the first quarter. Growth was also sharp across the Midlands and the South of England, while modest upturns were registered in London and the North of England.

All job categories monitored by the survey signalled stronger demand for temporary/ contract staff in March. Hotel & Catering saw the most pronounced increase in demand for short-term staff, followed by Blue Collar.

Hotel & Catering
Blue Collar
Nursing/Medical/Care
Engineering
IT/Computing
Secretarial/Clerical
Accounting/Financial
Executive/Professional
Construction

SKILLS IN SHORT SUPPLY

Key Permanent Staff Skills

Accountancy/Financial: Accountants (ACA, ACCA, CIMA), Audit, Credit Controllers, Digital Finance, Estimators, Finance, Fintech Risk, FP & A, IFRS, Procurement, Risk, Tax, Treasury.
Blue Collar: Drivers, HGV Drivers, LGV Drivers, LGV C + E Drivers, Labourers, Sewing Machinists, Skilled Toolmakers, Unskilled Workers, Warehouse Workers.
Construction: Quantity Surveyors, Managers, Sales, Workers.
Engineering: Aerospace, Design, Electrical, Maintenance, Managers, Mechanical, Technicians.
Executive/ Professional: Advertising, Business Analysts, Compliance, Legal, Litigation, Marketing, PR, Project Managers, Scientist’s.

Hotel/Catering: Chefs, Hospitality.

IT/Computing: Automation Testers, CAD, Cyber Security, C#, Data, DevOps, Digital, e-commerce, Gaming, IT, IT Graduates, Java, .Net, Oracle Fusion, PHP, Software Engineers, Technology, Web Developers.

Nursing/Medical/Care: Care Workers, Healthcare Assistants, Home Carers, Nurses, Support Workers.

Secretarial/Clerical: Accounts Clerks, Administration, Secretaries.

Other: Call Centre, Customer Services, Languages, Media Sales, Sales, Supply Chain Managers, Technical Sales, Telesales, Waste & Environment Staff.

Key Temp Skills

Accountancy/Financial: Accountants, Audit, Credit Controllers, Finance, Fintech Risk, Insurance, Payroll, Risk, Solvency II, Treasury.

Blue Collar: Auto Electricians, Blue Collar, Cleaners, Drivers, Forklift Drivers, HGV Drivers, LGV Driver, Production Operatives, Quality Inspectors, Site Managers, Skilled Trades, Unskilled Workers, Vehicle Painters, Warehouse Workers.

Construction: None recorded.

Engineering: Aerospace, Design, Electrical, Rail, Traffic & Highways.

Executive/ Professional: Compliance, HR, Legal, Marketing, Scientists, Solicitors.

Hotels/ Catering: Chefs, Hospitality.

IT/Computing: Automation Testers, CAD, Cyber Security, Dev. Ops, Data, Digital, Gaming, GDPR, IT, Java, Oracle Fusion, Security Cleared, Software Developers, Technology, UI/UX, Web Developers.

Nursing/Medical/Care: Care Workers, Healthcare Assistants, Home Carers, Nurses, Support Workers.

Secretarial/Clerical: Administration, Ledger Clerks, Office Staff, Secretarial/PA.

Other: B2B Sales, Sales, Teachers, Telemarketing, Telesales.

 

 

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