November 2020 Newsletter

 

KEY POINTS FROM SURVEY

NATIONALLY 

Renewed fall in permanent placements contracts with quicker rise in temp billings
Overall vacancies decline after rising in September
Substantial rise in candidate supply drives down starting pay

FOR THE NORTH OF ENGLAND

Permanent placements growth eases, while temp billings rise sharply
Redundancies drive labour supply higher
Permanent starting salaries continue to decline

 

PERMANENT PLACEMENTS DROP IN OCTOBER BUT TEMP BILLINGS CONTINUE TO RISE SHARPLY

Commenting on the latest survey results, James Stewart, Vice Chair at KMPG, said:   

 “With a reluctance to recruit permanent staff and a big increase in people available for work, the impending lockdown puts the UK jobs market in a precarious position.
“While the furlough scheme extension may give a brief respite, it will fuel economic uncertainty and further dampen prospects for jobseekers, hitting hiring activity hard.
“The Government needs to ensure it offers enough financial support to UK business and opportunities for jobseekers to upskill as we continue to navigate through this crisis.

Neil Carberry, Recruitment & Employment Confederation chief executive, said:   

“October brought a dose of realism after a quick economic bounce in the summer. While a new England-wide lockdown starts this week, similar restrictions were already in force in much of the UK last month. These figures show that hiring was still going on – and we believe that firms are better prepared to trade through these new restrictions than they were in March. Nevertheless, the outlook remains uncertain and concerning.
“We face a challenging winter and temporary work will be a vital tool for keeping businesses going and people in work. All businesses are looking to Government to use the lockdown wisely and provide the Test and Trace system, vaccine and economic support that firms will need if they are to drive our recovery in 2021."

 

DEMAND FOR STAFF BY SECTOR

Permanent Staff  

UK recruitment consultancies signalled a renewed drop in the number of people placed into permanent job roles in October. Though only modest, the reduction ended a two-month sequence of growth. According to anecdotal evidence, the fall was driven by greater uncertainty around the outlook amid rising COVID-19 cases, which led a number of clients to cancel or delay hiring plans. Some recruiters also mentioned that firms preferred to take on short-term staff instead of permanent workers.

Trends were mixed across the four English regions monitored by the survey. Growth of permanent
placements in the Midlands and the North of
England was offset by falls in the South of England and London.

Demand for permanent workers fell across six of the ten monitored job sectors in October. Retail and Hotel & Catering saw by far the steepest falls in vacancies. Meanwhile, IT & Computing saw the strongest rise in permanent staff demand.

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


Temporary/Contract Staff   

Adjusted for seasonal factors, the Temporary Billings Index remained above the neutral 50.0
threshold, to signal a third consecutive monthly rise in billings received from the employment of short term staff in October. Notably, the rate of expansion picked up slightly since September and was the quickest since December 2018. Panel members often commented that a gradual return to more normal market conditions, following the national lockdown earlier in the year, and the resumption of previously delayed projects had helped to lift billings. However, there were reports that subdued market confidence and uncertainty over any further lockdown measures had dampened overall growth.

As has been the case in the past three months, temp billings rose across all four monitored English regions bar London.
The steepest increase in short-term vacancies was once again seen in Blue Collar in October, followed by Nursing/Medical/Care. Of the five sectors to note reduced demand for temp staff, the most marked falls were seen in Hotel & Catering and Retail.

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


SKILLS IN SHORT SUPPLY

Key Permanent Staff Skills   

Accountancy/Financial: Accountants, Auditors, Credit Controllers, Estimators, Finance, Financial Planners, Para-planners, payroll, Risk and Taxation.

Blue Collar: Drivers, FLT Drivers, HGV Drivers, HVAC, Manufacturing, Refrigeration, Warehouse.

Construction: Planners, Quantity Surveyors.

Engineering: Design Engineers, Field Service Engineers, Hardware Engineers, Radio Frequency Engineers, Senior Electronic Engineers, Technicians.

Executive/ Professional: Business Development, Compliance, Digital Marketing, HR, Legal, Management, Patent Attorney’s, Project Managers.

Hotel/Catering: Chefs, Hospitality.

IT/Computing: Analysts, AWS Cloud, Azure, B1, C#, CNC, Data Professionals, Data Scientists, Database Developers, Design Managers, Developers, Digital, IT, Python, SQL, Teradata.

Nursing/Medical /Care: Carers, Health Care Assistants, Hearing Aid Dispensers, Nurses, Optometrists.

Retail: E-commerce.

Secretarial/ Clerical: Administration.

Other: Agricultural, Commercial, German Speakers, Microbiologists, Sales,

Semi-skilled, Skilled, Telesales.

 

Key Temp Skills   

Accountancy/Financial: Accountants, Auditors, Credit Controllers, Finance, Payroll, Risk and Taxation.

Blue Collar: Decorators, Drivers, FLT Drivers, HGV Drivers, LGV Drivers, Manufacturing Operatives, Warehouse, Welders.

Construction: Bricklayers.

Engineering: Senior Electronic Engineers.

Executive/Professional: Legal.

Hotels/Catering: Chefs, Hospitality, Kitchen Porters.

IT/Computing: Analysts, AWS Cloud, Azure, B1, Data Scientists, Database Developers, Developers, IT, Python, Technology, Teradata.

Nursing/Medical/Care: Carers, Health Care Assistants, Hearing Aid dispensers, Nurses, Optometrists.

Retail: E-Commerce, Butchers, Order pickers

Secretarial/Clerical: Administration.

Other: Call Centre, Microbiologists, Skilled, Telesales, Upholsterers.

 

KINGSTON RECRUITMENT LTD  

Locally, we found that we went against the national trend last month as we were exceptionally busy successfully dealing with permanent vacancies! The Temp market followed trend and continued to expand.

If you have any staffing requirements, just give us a call – 01482 228891 or contact us via email at enquiries@kingstonrecruitment.co.uk

Best wishes and stay safe!
The Kingston Recruitment Team

 

Share