Latest UK REC Report - October

The REC/IHS Markit UK recruitment report for October 2016 showed positive results.  Here at Situations Recruitment we’re seeing a similar situation in Guernsey, with permanent and temp staff placements increasing significantly in the second half of this year and we predict some further growth for 2017.

Key Points from the October UK Recruitment Survey:

  • Permanent placements growth reaches eight-month high as temp billings also rise at faster pace
  • Demand for both permanent and temporary candidates at its highest since May
  • Agencies report steeper decline in staff availability

Permanent Staff

  • Candidates placed in permanent roles increased for the third month running in October.
  • The robust increase in staff placements was supported by the increase of vacancies
  • Permanent staff starting salaries rose further in October, with the rate being higher than the last five months.
  • The volume of permanent placements made by agencies increased for the third month in a row in October.
  • Demand for private sector staff remained robust in October, with recruitment agencies seeing a sharp increase in vacancies for both permanent and temporary roles
  • Permanent staff availability deteriorated during October

Temporary Staff

  • Hourly rates of pay for staff in temporary/contract roles continued to increase at the start of the fourth quarter
  • The availability of temporary/contract staff meanwhile declined in October. Though solid overall, the latest drop was the slowest seen for four months.

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