Candidate Shortage as UK Recruitment Booms
The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs illustrates a strong growth of both permanent and temporary staff appointments, a record decline in availability of permanent candidates, and a stark increase in starting salaries.
REC CEO Kevin Green: “The jobs market continues to go from strength to strength with a further increase in the number of people finding new jobs last month, and both starting salaries and hourly pay rates continuing to grow. Over a third of recruiters report they secured higher salaries for candidates they placed into permanent jobs in July, than for the equivalent roles in June. The UK’s post-recession problem is skill and talent shortages."
Circle Director Jon Brass said "the industry is buoyant and it is clear that it is becoming an increasingly candidate-driven market. Companies are struggling to attract the talent they need, particularly in IT. Circle's policy is to continue to be the highest advertiser per head in the UK (as confirmed by Jobserve), as this investment allows our growing customer base to enjoy shortlists of the best available talent at any one time regardless of sector changes."
Each of the four English regions covered by the survey registered higher permanent placements in July, with the sharpest growth signalled in the South.