RESULTS ARE IN FROM THE REC/KPMG’S NOV ’14 ‘REPORT ON JOBS’

Key points from the survey:

– Permanent placements increase at slowest pace in 18 months
– Faster rise in temp billings
– Strong salary growth amid falling candidate availability

This months data showed that the number of people placed in permanent jobs by surveyed recruitment consultancies continued to rise in November. Not not only this, but starting salaries for successful candidates placed in permanent jobs rose further, with the rate of growth quickening from October’s eight-month low and comfortably above the survey’s long-run trend. Midlands-based consultancies reported the sharpest increase in salaries, while those in London registered the slowest growth. Although temp pay growth remained solid and slightly faster than in the previous month, temp staff availability fell, albeit at the slowest rate since March.

Data also signaled that the growth of demand remained considerably stronger for private sector roles than public sector vacancies and in both cases, permanent staff saw a faster rise than temporary/contract employees.

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