A Rise in Vacancies and Salaries

  11th December 2012      
 Company News

Permanent staff positions and salaries have continued to rise, according to a report by the Recruitment and Employment Confederation (REC) and KPMG, suggesting a more resilient jobs market.

The report, which was the result of a survey of 400 job agencies, found that hiring increased in November, at the fastest rate for over a year and a half. November was also the second successive month in which permanent staff placements rose.

Furthermore, salaries for permanent staff continued to rise in November, at the sharpest rate of inflation for over a year.

The news was also good for temporary placements; with the number of jobs increasing at the highest rate since March 2011. Although pay also increased for temporary jobs, it was only marginal.

Demand increased for certain sectors in particular; the strongest rise in jobs placements was seen for engineering and construction workers. IT, computing, secretarial and clerical also saw a rise in permanent placements. The only exception to these increases, were for the hotel and catering sector — which saw a small reduction.

REC chief executive Kevin Green said: “Recruiters are reporting another monthly increase in the number of people they have placed into permanent and temporary jobs and it’s beginning to look like an accelerating trend.

“Employer confidence is genuinely bouncing back with businesses feeling more encouraged to hire, which bodes well for the New Year.

“The reductions in corporation tax and investment in big infrastructure projects announced in the Autumn Statement should help boost confidence even higher and encourage more job creation in 2013.”

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