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The July 2024 KPMG & REC UK Report on Jobs
‘’Candidates placed in permanent positions fall again’’
‘’Fastest rise in permanent pay for eight months’’
‘’Staff availability continues to climb’’
The July 2024 KPMG & REC UK Report on Jobs is now out.
The latest KPMG & REC UK REPORT ON JOBS has been published featuring survey results from June 12-24 2024.
Commenting on the latest survey results, Jon Holt, Chief Executive and Senior Partner of KPMG in the UK, said:
“Despite robust national employment data, the latest survey results indicate that employers are still hitting the brakes on recruitment with the general election period causing some uncertainty. Permanent hiring has taken a particular hit, as companies either delay or focus on temporary appointments. This lack of demand means competition for the few roles available continues to drive pay growth.’’
Neil Carberry, REC Chief Executive, said:
“Recruiters report companies delayed some permanent hiring decisions during the election campaign. Now a new government has been elected, recruitment firms are looking for that investment to be unlocked. The return of temporary worker demand to positive territory, driven particularly by the Midlands and North, is a sign that the gentle improvement of the last few months is still with us despite the political noise.’’
Key findings are:
Read the full report to learn more.
Discover how to create a talent pipeline that is robust, future-ready, and promotes operational excellence and business development.
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Hiring new staff can lead to many costs. These include advertising fees, agency fees, and the time spent reviewing CVs. It also includes time spent interviewing candidates and onboarding new employees.
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Agency Workers Regulations (AWR) ensure that temporary agency workers are provided the same rights as permanent employees.
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