Recruitment Roundup – October

Wednesday, November 9, 2016

With the US election results looming, the market has been showing signs of uncertainty across the globe in many forms but the UK recruitment market continues to buck the trend and is still growing in the majority of areas which has resulted in some positive results and also some areas for concern;

  • An increase in permanent placements for the third consecutive month
  • Temporary and interim appointments are up on September’s numbers
  • Permanent salaries rise at the quickest rate in four months
  • The availability of both interim and permanent candidates is further reduced across the majority of sectors with the largest reduction in the Healthcare, Engineering, Finance and Construction sectors

The overall demand for staff increased again during October and this gives testament to the confidence within the UK manufacturing and engineering sectors. With demand high and available candidate numbers in decline, the salaries within engineering are at a peak and so this has created a dominant candidate driven market where attracting talent is one challenge but retaining them for the long term is another issue all together that businesses now face.

Working with a knowledgeable and well connected recruitment partner to not only engage with the market and attract the best candidates is of paramount importance and the importance of training, development and succession planning has never been more of a priority to solidify the future of UK Manufacturing.