All posts

Strong Figures from the latest REC survey

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.”

Voyager Infinity and Voyager Mid-Office are software solutions that make Recruiters’ lives easier. Voyager Infinity is a CRM used by thousands of recruiters globally to source, nurture and maintain the relationships with their clients and candidates, and Mid-Office manages the entire Pay and Bill process (IR35 ready).