Professional recruitment activity in the UK set to pick up, reports Antal International
A major global survey of employment trends has found that professional recruitment activity in the UK has dropped significantly in the last year but it will slowly improve in the next coming months.
In its latest ‘Global Snapshot’ survey, the 19th Edition – Global search and selection specialist, Antal International, asked over 8,000 companies in major markets across the world whether they were currently hiring or firing at professional and managerial levels and if they were planning on doing so in the next three months.
The report found the United Kingdom’s job market has dropped drastically during the last year by 29% as currently 35% of organisations are looking to hire at managerial and professional levels. However, the survey shows that this figure will begin to grow during the next three months. The percentage of business firing staff has remained the same as last year’s Snapshot, but it is expected to increase slightly in the next three months.
“Compared to our previous edition it would seem the appetite for hiring has dipped over the past 12 months. Global hiring levels have dropped from the 70% hiring now and 45% next quarter from the data in our 18th Global Snapshot, to 50% hiring now and 45% next quarter in this edition – a significant reduction," the report stated.
A member from Antal International board added, “The trends in this survey take us back to the global hiring levels of 2014 and it appears organisations are taking a more cautious approach to hiring. Taken in context almost half of those taking part in the survey are still looking to inject new talent into their business in the coming 6 months and the war for talent still rages in the Information Technology, ICT Hardware & SSC/BPO worlds with Renewable Energy, Retail, Insurance, Fashion and Banking experts all remaining in high demand.“