September 2018 Newsletter

KEY POINTS FROM SURVEY

Nationally

Stronger expansion in permanent placements, but temp billings growth softens.
Starting salaries increase at second-fastest rate in over three years.
Staff vacancies continue to rise at historically marked pace.

For The North

Vacancy growth and recruitment drives support upturn in staff appointments.
Starting pay for permanent labour rises at weakest pace in six months.
Rate of contraction in permanent staff supply little changed from July.

STAFF PLACEMENTS RISE FURTHER, WHILE CANDIDATE SHORTAGES FUEL HIGHER STARTING SALARIES.

Neil Carberry, Chief Executive at the REC says:

“Businesses are getting on with driving Britain’s growth – jobs are being created and starting salaries are rising. There are big opportunities out there for candidates right now looking for a new role.

But how long our labour market can defy gravity if the shape of our future trading arrangements with the EU remain unclear is the big question. Companies are starting to implement contingency plans now – and those who are not will need to step up progress.

The biggest long-term question on jobs is how they will be affected by new technology and stiff price competition driven by value-conscious consumers. For recruiters, helping people find pathways from sectors like retail into growing sectors will both boost opportunity and address candidate shortages in key sectors.”

DEMAND FOR STAFF BY SECTOR

Permanent Staff

The number of people placed into permanent jobs continued to increase during August. Furthermore, the seasonally adjusted Permanent Staff Placements Index signalled that the rate of expansion accelerated to a five-month record. According to panellists, rising demand for staff and, in some cases, greater efforts to secure candidates in a timely manner, had supported the latest increase in permanent volumes.

Sharp rises in permanent staff appointments were registered across all four monitored English regions, led by London.

Of the ten broad job categories monitored by the survey, IT & Computing once again led the rankings for permanent job vacancies in August. That said, marked increases in demand were also seen across all other sectors with the exception of retail, where vacancies stagnated.

IT/Computing

Engineering

Hotel/Catering

Accounting/Financial

Nursing/Medical/Care

Executive/Professional

Secretarial/Clerical

Blue Collar

Construction

Retail

Temporary Staff

Agencies billings received from the employment of temporary/contract staff increased further in August. The rate of growth was sharp overall, albeit the weakest seen for 22 months. A number of monitored agencies linked higher temp billings to rising activity levels at client companies.

Across all four monitored English regions, the Midlands posted the quickest rise in temp budgets, while the weakest upturn was seen in the South of England.
Demand for temporary/contract staff rose across nine of the ten broad job categories during August, led by Blue Collar and Hotel & Catering. Retail was the only sector to register lower temp staff demand.

Blue Collar

Hotel & Catering

Nursing/Medical/Care

IT/Computing

Secretarial/Clerical

Engineering

Accounting/Financial

Construction

Executive/Professional

Retail

SKILLS IN SHORT SUPPLY

Key Permanent Staff Skills

Accountancy/Financial: Accountants, Audit, Credit Controllers, Estimators, Finance, Para-planners, Payroll, Risk, Tax, Treasury, Underwriters.

Blue Collar: Forklift Drivers, HGV Drivers, LGV Drivers, Production Supervisors, Quality Managers, Skilled Workers, Warehouse Staff.

Construction: Construction Sales, Construction Workers, Qualified Real Estate/Construction Staff, Quantity Surveyors.

Engineering: Aerospace, Automotive, CNC, Design, Electrical, Engineers, Maintenance, Technicians. Executive/

Professional: Business Analysts, Business Development, Compliance, HR, Lawyers, Legal Secretaries, Litigation, Marketing, Media, Project Managers, Science.

Hotel/Catering: Baristas, Catering, Chefs, Hospitality.

IT/Computing: Automation Testers, B2B/Consumer/Infrastructure Tech, C++, C#, CAD, Data, DevOps, Digital, Fintech, Gaming, IT, IT Architects, Java, .Net, Oracle Fusion, Salesforce, SEO, Software Engineers, Technology.

Nursing/Medical/Care: Care Workers, Healthcare Assistants, Home Carers, Medic’s, Nurses, Optometrists, Support Workers, Ultrasound Staff.

Secretarial/Clerical: Administration, Office Staff, Personal Assistants, Receptionist’s.

Other: Buyers, Customer Services, Education, Environment, Estate Agents, Graduates, Health & Safety, Security, Sales, Supply Chain.

Key Temp Skills

Accountancy/Financial: Accountants, Audit, Banking, Credit Controllers, Finance, Payroll, Risk, Treasury.

Blue Collar: Agricultural, Blue Collar, CNC Machinists, Drivers, Electricians, Forklift Drivers, HGV Drivers, LGV Driver, Machine Operatives, Painters/Decorators, Plumbers, Site Managers, Skilled Machinist, Unskilled Workers, Warehouse Workers, Welders.

Construction: Construction Workers.

Engineering: Design.

Executive/ Professional: Business Analysts, Compliance, Legal, Marketing, Project Managers, Science.

Hotels/ Catering: Catering, Chefs, Hospitality.

IT/Computing: CAD, Data, Digital, Gaming, Java, Oracle Fusion, Revit, Technology.

Nursing/Medical/Care: Care Workers, Healthcare Assistants, Home Carers, Medics, Optometrists, Social Workers, Sonographers, Support Workers.

Secretarial/Clerical: Accounts Clerks, Administration, Receptionists, Secretaries.

Other: Customer Service, Graduates, Languages, Sales, Security, Telesales

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