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Venn Group Contract Recruitment Index

March 2015

“Monitoring contractor demand across the Thames Valley”

Job availability across the Thames Valley Region up 25%

Contract Recruitment Index highlights

• There was a 25% increase in jobs month-on-month
• Boom in in-house Digital IT vacancies
• Rates increase by 8% across region month-on-month

Overall increase in demand for professional talent

The March 2015 Thames Valley Recruitment Index recorded a 25% month-on-month increase in job availability with 1,083 vacancies advertised, compared to 866 in January 2015. The average rate for those securing jobs in February 2015 was 8% higher than those recorded in January 2015, with contractors now receiving an average of £13 per hour across the region.

Sundeep Bakshi, Director of Venn Group, commented:

“With the Thames Valley’s reputation as the British equivalent of Silicon Valley, it is unsurprising that much of the region’s grown is within the IT and technology sectors. There has been a large increase in the number of in-house Digital IT vacancies amid a huge upturn in the amount of companies choosing to create internal teams to cover a vast range of roles rather than outsourcing.

In contrast, there has been a rise in both the public and private sectors’ use of companies providing Cloud services, increasing the amount of vacancies in these software organisations. This development is coming at a time when companies have to store increasing amounts of data and the requirement of these services is heightening the demand for those within the Digital IT sector.”

ENDS

Notes to editors

Venn Group is the UK’s only specialist contract recruiter for organisations within the public and private sectors.

www.venngroup.com

Methodology

The Recruitment Index uses Venn Group’s own weekly records of new contract job vacancies. Statistics for the report are derived using Venn Group’s market share across each geographic region to ensure an accurate barometer of recruitment activity is recorded.

For further information please contact Stephanie King at BlueSky PR on 01582790700 or 07760208532

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