Statistics Online recruitment news

Indeed Flex’s survey of UK workers found that despite high demand for a weekly top-up in wages, only 15% of employees are paid every seven days, with 5% paid fortnightly. More than three quarters (77%) of people receive their salary in one lump sum every month.

As hiring slows across the globe and businesses face doing more with less, companies are prioritising skills development to remain agile and retain talent amidst economic uncertainty.

More pay growth in store as over half of employers expect to raise pay further in 2023 to stay competitive

The new year, new job trend has arrived with a bang this year.

According to a new report from XpertHR, in conjunction with Executive Networks, 83% of global CHROs are facing a significant talent retention problem.

20.5% of the 1,700 surveyed reported that the recent freezing weather had made them change their working patterns and go into the office, rather than working from home. The reasons why were as follows:

Employers continue to turn to temporary staff to fill jobs in the face of economic uncertainty and labour shortages, according to new Recruitment & Employment Confederation (REC) data.

While there may be some caution from employers in the face of uncertainty, overall the jobs market remains robust judging by the demand for new staff. The number of active job vacancy postings across the UK has remained robust since mid-August 2022. Active job adverts went above 1.5 million in mid-December 2022 and remained there in the first week of January, according to the Recruitment & Employment Confederation (REC) and Lightcast’s latest Labour Market Tracker.

Concerns around recession, inflation, and high operating costs are causing distress to UK small businesses as they enter this year, according to new SME Outlook 2023 research from iwoca – one of Europe’s largest small business lenders

In the three months to the end of December 2022, the whole-economy basic pay rise was 5%, unchanged on the previous month

In the face of the cost-of-living crisis, nursing jobs in the UK are seeing wage growth of just 2.9% year-on-year.

A drop in activity is usual in the final month of the year as businesses, employees and candidates wind down for the Christmas break but continued economic uncertainty could also be playing its part.

Concerns over job security are expected to slow down the ‘January jobs rush’ in 2023, with just 8% of Brits planning on looking for a new role as they start the year.

The WaveTrackR November 2022 Recruitment Trends Report revealed that jobs rose by 17% from October to November, a trajectory we don’t often see in the last couple of months of the year.

The recruitment and staffing industry contributed £42.9 billion of direct Gross Value Added (GVA) to the UK economy in 2021. This marked a 21.7% increase on 2020 and a rise on pre-pandemic levels.