More Employers Turn to Recruiters to Find Top Talent (Posted 29.01.2018)
The anticipated new year increase in businesses choosing recruitment companies to source quality staff, has already become a reality. With a bright start to 2018, this is certainly our experience at The Recruiting Office.
The latest Recruitment & Employment Confederation (REC) report on the jobs market in December shows the demand for permanent staff increasing yet again. With high employment and competition for the best staff, even more businesses and organisations are turning to experts like ourselves to deliver the team-members they need.
The good news is that the number of candidates looking for a new role is rising too. 69% of people on CV Library said looking for a new job was their work-related new year’s resolution. For many, it’s very much a case of ‘new year, new me’, with a change of challenge and scenery top of their list.
Whilst the Norfolk job market is clearly less fluid than it has been in recent years, we’re still finding a ready supply of skilled and motivated candidates approaching The Recruiting Office. From managers and specialists, to drivers and operatives, there is definitely a greater than expected rise in people looking for the right company with which to achieve their goals in 2018.
Overall, businesses don’t need to compromise on what they’re looking for but simply ensure they’re reaching candidates and marketing their vacancy in the best light. That’s why we work closely with our clients to ensure they detail those elements the best people look for and we always have a ready-pool of likely candidates.
With positive news about economic growth forecasts and manufacturing output, 2018 looks set to be a very positive year for Norfolk. At The Recruiting Office, we’re certainly dedicated to making it a success for the great people and businesses we help.
An Up-Turn in The Jobs Market (Posted 21.11.2017)
Each month the Recruitment & Employment Confederation (REC) release a report on the jobs market. Too often, it details how businesses are not recruiting due to the uncertainty in the market. However, this month was different. It is great to see the REC reporting that they are seeing an increase in staff vacancies across both the private and public sectors.
Unsurprisingly, it is the private sector which has record the quickest upturn in demand for staff. The report goes no to say that there is a sharp increase in both permanent and temporary staff vacancies. However, businesses are still struggling to attract the right candidates for the positions available. Thus, recruiting is taking up valuable time and resources.
Kevin Green, REC Chief Executive says:
“Last month, recruiters helped even more people find permanent jobs – this is great news as it shows that employers are continuing to hire.”
This is born out in the latest stats form the Office for National Statistics (ONS) who reported an increase of 4.4% in job vacancies in the three months leading to October. And with Christmas and New Year knocking on our door, this is only good news for both the candidates and employers.
Interestingly the October data indicated that Accounting/Financial remained the sectors struggling the most to recruit with IT & Computing and Engineering sitting in second and third place. This is something which I hear often when I’m out and about in Norfolk. Luckily, for our clients, we can help, our five stage vetting processes ensures candidates are not only suitable for the position, but that they are suitable for their business too – guaranteeing satisfaction all round.
If you have a vacancy which you are struggling to fulfil, then get in touch. We can help take the hassle out of recruiting.
1 in 5 Businesses Looking to Grow Staff Despite Brexit Uncertainty (Posted 06.10.2017)
A fifth of all UK businesses are planning to increase their headcount in the next three months, according to the latest Jobs Outlook from the Recruitment & Employment Confederation (REC).
The survey goes on to say that 40% of employers now have no spare capacity and need to recruit to meet demand. Whilst Brexit is a concern for many, it seems the bigger issue is the lack of appropriate candidates in certain key sectors.
This is certainly something our clients have reported but we’ve been able to address. Whilst high employment may have reduced those seeking work, more active marketing of roles is still bringing quality candidates to the fore.
“Businesses are continuing to hire to meet demand, but issues like access to labour, Brexit negotiations and political uncertainty are creating nervousness” says REC’s Chief executive, Kevin Green, in the report. “Employers in the construction sector are especially concerned as they rely heavily on EU workers to meet the growing demand”
This resilient rise in new jobs appears to be mirrored across Norfolk & Suffolk, with businesses keen to get on with growing. We’ve received an increase in instructions from clients as they focus more on finding better quality staff who will aid their productivity.
The REC article concludes that the forecast for the UK job market remains strong with no let-up in demand from growing employers. With time and resources precious, our unique five-stage vetting processes ensures that only the best and most appropriate candidates are passed on to our clients.
Employers Highlight Importance of Agency Workers (Posted 03.10.2017)
More than a third of employers (36%) are concerned about the sufficient availability of temporary agency workers, according to the September edition of Jobs Outlook produced by The Recruitment & Employment Confederation in conjunction with Markit.
As we head towards the traditional Christmas peak, 69% of employers cited the importance of agency workers in meeting peaks in demand, 59% highlighted their importance in enabling them to respond to growth (up from 46% in the same period last year) and 52% recorded that agency workers were vital when dealing with fast changing organisational requirements.
Permanent job opportunities via recruitment agencies continue to increase (Posted 23.06.2017)
Recruitment agencies across the UK reported a sharp and accelerated increase in the number of people placed into permanent job roles in May. Furthermore, the rate of expansion was the steepest recorded for just over two years.
Availability of job applicants reduces further (Posted 23.06.2017)
UK recruitment agencies signalled a further marked fall in permanent candidate availability during May. Moreover, the rate of reduction quickened to a 21-month record, with nearly 43% of panellists noting a deterioration in candidate numbers.
UK Unemployment Rate Reaches Lowest Since 1975 (Posted 23.06.2017)
Unemployment in the UK fell by 53,000 in the opening three months of 2017, according to the latest official data from the Office for National Statistics.
Overall, the number of unemployed people stood at 1.54 million, which was down from 1.69 million over the same period last year, and the lowest number since 2005.
Consequently, the unemployment rate nudged down to 4.6% in the three months to March, which was the lowest rate recorded since 1975. The sustained fall in unemployment translated into a record employment rate of 74.8%, and meant that 31.95 million people were in work during the opening quarter of 2017.
New features to online DVLA services for professional drivers (Posted 21.04.2017)
New information is now available on the DVLA online licence checking service. Tachograph card details can now be viewed including card status e.g. valid, expired, lost, start and end dates and card number. If a driver has a driver qualification card, the types of vehicle they have trained in and the card’s expiry date will also be available.
95% of employers admit to making bad hires (Posted 28.03.2017)
95% of organisations admit to making bad hires every year, with significant financial implications, according to a recent survey by the Brandon Hall Group – The Trust Cost of a Bad Hire.
Talent Shortages Continue (Posted 28.03.2017)
A third of UK businesses do not think they have the talent they need to achieve their current business objectives according to a recent Hays UK Salary and Recruiting Trends survey and a worryingly high79% of employers say the biggest challenge to their ability to recruit staff over the next 12 months will be a shortage of suitable applicants. This fear is supported by the PWC 19th Annual Global CEO Survey 2016 which reports that 72% of CEOs globally say that the lack of availability of key skills is a threat to their business.
Salary and benefits remain top attractant (Posted 28.03.2017)
The top three priorities for candidates when choosing a new job are: salary and benefits , the type of work and work-life balance, according to a 2016 YouGov survey on behalf of the REC.
With 59% of UK employees planning to change jobs in the next 12 months, and 75% looking to move within the next two years (according to Hays UK Salary and Recruiting Trends 2016) getting these right remains of paramount importance.
Skills Shortages and Quality of Hires (Posted 10.03.2017)
The percentage of employers stating that they expect to find a shortage of temporary agency workers has doubled since the August to October rolling quarter, from 19% to 38% according to the latest edition of Jobs Outlook produced by the Recruitment and Employment Confederation and Markit. Hospitality workers are a skills area of particular concern this month, alongside an anticipated shortage of education and industrial agency workers.
At the same time almost half of all employers (49%) expect to find a shortage of available staff for permanent roles in at least one job function. The top three skills areas of concern remain Engineering/Technical, Health & Social Care and Hospitality.
Almost Half of all Companies Using Employment Agencies (Posted 10.03.2017)
According to the latest edition of Jobs Outlook produced by the Recruitment and Employment Confederation and Markit, in January 2017, 51% of companies said they used employment agencies for their permanent recruitment, and 46% for their temporary recruitment.
Companies Using Employment Agencies Experience Higher Growth (Posted 30.01.2017)
Companies using the employment industry to meet their staffing needs enjoy turnover growth on average 5% higher than those who do not, according to the CIETT World Employment Confederation 2016 Annual Economic Report.
Candidate Shortage Anticipated (Posted 23.01.2017)
48% of employers anticipate a shortage of candidates for permanent roles, up from 44% last month, according to the December edition of Jobs Outlook produced by the Recruitment & Employment Confederation. The top three sectors identified are engineering and technical, health and social care and construction.
A third of employers also anticipate a shortage of candidates for temporary agency worker roles, significantly up from 19% in the last rolling quarter. The top three sectors identified are construction, hospitality and engineering and technical.
Employers Plan to Increase Temporary and Permanent Headcount (Posted 23.01.2017)
One in four employers plan to increase permanent staff in the short term (24%) or medium term (26%), according to the December edition of Jobs Outlook produced by the Recruitment & Employment Confederation. 15% of employers plan to increase agency headcount in the short term and 17% in the medium term and one in three employers (32%) have no capacity to take on more work without taking on new staff.
Permanent Employment Increases while Temporary and Self Employment Decline (Posted 12.12.2016)
In July – September, the UK workforce increased by 49,000 against the previous quarter, and by 461,000 year-on-year, according to the November edition of Jobs Outlook produced by The Recruitment and Employment Confederation. The quarterly rise was driven by permanent employment, whilst both self-employment and temporary employment numbers reduced slightly.
Unemployment and Claimant Numbers (Posted 12.12.2016)
UK unemployment in July-September was at its lowest level (4.8%) since the same period in 2005, according to the November edition of Jobs Outlook, produced by The Recruitment and Employment Confederation. The figure (1,604,000) was 37,000 lower than the previous quarter and down 146,000 on the previous year. Youth unemployment fell to 13.1% from 13.7% in the previous last rolling quarter, and was also at its lowest level since July-September 2005.
Unemployment Rate in Britain Near 11 Year Low (Posted 21.10.2016)
The unemployment rate in Britain stands at a near 11-year low of 4.9 per cent, according to figures from the Office for National Statistics.
“These figures show that employment continued to grow over the summer and vacancies remain at high levels, suggesting continuing confidence in the economy,” the ONS said.
Nearly Nine in Ten SMEs Spend Up To 10 Extra Hours a Week On Hiring Activities (Posted 21.10.2016)
Business decision makers within SMEs are spending up to 10 hours a week on hiring related activities according to new research commissioned by online recruitment marketplace Search Party.
39 per cent of respondents believe they do not have the right amount of time to dedicate to the recruitment process and 55 per cent believe that this can lead to the wrong hire being made.
41 per cent say that they find it hard to find a quality candidate amidst a high volume of “average” candidates and as a result of these issues, 23 per cent are frustrated that candidates very quickly don’t work out.
Commission Should Be Accounted For When Calculating Holiday Pay (Posted 21.10.2016)
The Court of Appeal has confirmed the need to include commission in calculating holiday pay, however the judgement has avoided a decision on how that calculation should take place.
Demand for Staff Strengthens (Posted 12.10.2016)
Demand for staff strengthened in September, with the Report on Jobs Vacancy Index (produced by the Recruitment and Employment Confederation and Markit) climbing to 56.9, from 55.3 in August. The latest reading was the highest in three months with both permanent and temporary vacancies both rising at sharper rates. This was particularly true in the private sector, with both permanent and temporary roles both seeing marked growth.
Recruitment Key to Business Growth (Posted 12.10.2016)
A survey from HR and employment law experts Citation has found 93 per cent of small business owners agree that the most important factor in achieving business growth and long-term success is hiring the right people and creating a happy and engaged workforce. The results from quizzing 139 small business owners showed 65 per cent of the business owners surveyed agree that employing a specific recruitment HR strategy has a direct impact on business success and financial growth.
Employment Continues to Rise (Posted 07.10.2016)
Employment rose by 174,000 to 31.77m in the three months to July, according to the Office for National Statistics (ONS). This is the highest level since records began more than 40 years ago, and slightly higher than expected by economist. The employment rate was 74.5% in the quarter to July, the joint highest since comparable records began in 1971.
Britain's jobless rate remained at an 11-year low of 4.9pc in the quarter, while the number of people claiming unemployment benefits rose by 2,400 to 771,000 in August.