Demand for Executive Candidates has increased
The August KPMG REC report indicates that the number of people looking for a new job in August fell at the sharpest rate for a year, leaving many recruiters struggling to fill vacancies.
There has been a year on year increase in demand for Executive and Professional staff with a specific reported skills shortage for permanent Management roles. There is also a shortage in Compliance and Risk roles both within the permanent and contract sectors.
Due to a shortage of candidates and key skills in August, starting salaries for permanent staff also increased. The sharpest increase in salaries was recorded in The Midlands, while the slowest rise was in London. The fastest rise in temp pay was in the North, with the slowest increase in London.
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