Strong Figures from the latest REC survey

 


Eight in ten employers (79 per cent) believe that economic conditions are improving, according to the latest JobsOutlook survey by the Recruitment and Employment Confederation (REC), something reinforced by Voyager's Paul Thompson as they announce an extremely positive 1st quarter of 2016.

The regular survey of 600 employers also found that:

  • 78 per cent plan to take on more permanent staff in the medium term (3-12 months)
  • 95 per cent are operating with either no spare capacity or only ‘a little’ capacity to take on more work with their existing workforce
  • 17 per cent expect a shortage of candidates for permanent technical/engineering roles over the next 12 months, while 15 per cent anticipate a shortage for permanent professional or managerial positions
  • Almost half (49 per cent) have awarded pay rises to staff in the last 12 months.

REC chief executive Kevin Green says: “It’s encouraging to see positive data around business confidence and hiring intentions, but the survey also suggests weakening demand for staff from SMEs – this might be a reaction to the incoming National Living Wage or uncertainty caused by the impending EU referendum.

“Other headwinds such as the apprenticeship levy and a reduction in commodity prices make it more likely that hiring will moderate in the coming months. However, competition for talented candidates remains fierce especially where skills shortages are already entrenched, such as in technology, teaching and nursing.

“Engineering is a particular area of concern – the government announced new major infrastructure projects in last week’s Budget, but there are question marks over how increased demand for skilled workers will be met when supply is already a problem.”

https://www.rec.uk.com/news-and-policy/corporate-blog

WANT TO FIND OUT MORE? BOOK A LIVE DEMO

To find out how Voyager can help support your business for growth in 2019, complete the form below for a free, no-obligation consultation.

  1. Please enter your name
  2. Please enter a valid email address
  3. Invalid Input
  4. Invalid Input from reCAPTCHA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

*I have read and accepted the Voyager Software Privacy PolicyBy clicking on the 'Submit' button, I consent to receive a follow-up from Voyager Software, and to receive product or industry information emails relevant to my query. I know I can unsubscribe at any time.