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The Jobs Outlook Survey from the REC

Posted on October 23, 2015

According to the latest Jobs Outlook survey by the Recruitment and Employment Confederation (REC), over three quarters of employers have signalled that economic conditions are improving and nearly half at 47% are saying that their confidence in hiring and investment decisions are improving.

This is a really positive sign for workforces across the country and 94% of UK employers are operating with capacity to take on more work. This means that 80% (8 in 10) of businesses plan to hire permanent staff in the next quarter and 76% plan to increase in the future.

A monthly survey of six hundred employers discovered that:

  • More than two out of three have increased either their pay or headcount in the past 12 months
  • 79% have taken on agency workers in order to access key strategic skill
  • Six out of ten have made at least one temporary worker a permanent member of staff in the last year
  • 94% state that agency workers are paid equal or more than if they were permanent
  • Candidate shortages are hitting a range of roles including management, technical/engineering, construction and blue collar posts.

The Chief-Executive of the REC, Kevin Green has said:

“Employers are finding it extremely difficult to fill vacancies and need to find creative solutions to overcome staffing challenges. Pay is on the rise as businesses react to the need to keep hold of the staff they already have. In areas where permanent roles are particularly hard to fill, employers are turning to temporary workers in order to access key strategic skills.

“The demand for skilled people is especially acute in construction and engineering as a result of newly announced housebuilding and infrastructure projects. A reported shortage of people to fill driving and distribution roles is also concerning and could cause major problems as retailers and logistics firms seek to take on staff to meet increased demand over the Christmas period.”