Blog

Cathedral Appointments Job Report - March 2018

Posted in Candidates, Employers

Posted by Joanne Caine
Published on 24 July, 2018

Key points to take away:

• Softer rise in permanent placements as temp billings growth accelerates 

• Starting salary inflation holds close to 31-month high amid candidate shortages 

• Growth in staff vacancies edges down to 14-month low

Permanent placements expand at softer, but still marked, pace:

Permanent staff placements continued to rise across the UK in February. Though sharp, the rate of expansion moderated slightly since the start of the year. Temp billings meanwhile rose at a faster pace midway through the first quarter.

 

Staff vacancies rise to weakest extent for 14 months: 

Although demand for staff remained robust in February, overall growth of demand softened to its slowest in over a year. Slower increases in staff vacancies were seen for both permanent and temporary positions.

 

Candidate supply drops at slower rate: 

Recruitment consultants reported continued difficulties regarding the availability of suitable staff for permanent and temporary roles in February. That said, rates of deterioration weakened since January and were the least marked for 11- and 13-months, respectively.

 

Pay growth remains sharp: 

The rate of starting salary inflation eased from January’s 31-month peak but remained sharp in February. Temporary/contract staff hourly pay rates also rose further, and at a faster pace than recorded in January.

 

Managing Director

I joined Cathedral Appointments in 1998 to cover a maternity leave and never left. I now co own the business and love my job. I've a great team of consultants who work with me in ensuring that Cathedral Appointments provide an excellent service to candidates and clients alike.

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Cathedral Appointments Job Report - March 2018

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