The IT recruitment market continues to power ahead
Posted on 10th December 2017
The latest Markit Survey on recruitment across the UK makes for good reading – especially for talented candidates who are looking to move on to the next stage in their career. In Scotland, perm recruitment in November rose by the fastest amount in three years. Across the UK as a whole, the rise in permanent appointments was the best since August 2017.
In the temp/contractor market, the last 12 months have seen growth every month in Scotland, and growth in November didn’t disappoint, being slightly better than October, albeit lower than for the UK as a whole.
From our perspective at Be-IT, this does not come as a surprise. We are going like the proverbial fair. We’re clearly not the only ones as the IT/Computing Sector is ahead of every other sector in both permanent and temporary markets, as the charts here clearly demonstrate. With any score over 50 showing growth, it’s clear that the market is very buoyant.
Permanent recruitment by sector, Markit, Nov 17
Temp/contractor recruitment by sector, Markit, Nov 17
Of course, this growth in jobs and demand for quality staff means that starting salaries are also rising, for perm roles in particular but also in the hourly rates for temp workers.
This good news is, paradoxically, occurring against a background of continuing uncertainties caused by Brexit. However, as Kevin Green, the Recruitment and Employment Confederation Chief Executive, says:
“Recruiters also continue to report deteriorating candidate availability and worsening skills shortages. Having less access to candidates can have severe effects, restricting businesses’ ability to grow which means they won’t be able to create jobs or increase pay for staff. Although some hirers are responding by raising starting salaries in an attempt to attract scarce talent, there’s no evidence yet this is leading to pay increases for the wider workforce and those who fail to hire will find themselves in dire straits.”
We see this on a daily basis at Be-IT. Competition for the very best candidates continues to be extremely tough but it’s important not to settle for second best. As our Glasgow Ops Manager, Christina Hall, noted in a recent blog, the cost of hiring the wrong person is very high. It’s far better to work closely with your agency to ensure that you get the quality candidates your business needs.
Nikola Kelly, MD, Be-IT
Posted in Recruitment News
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