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Venn Group Contract Recruitment Index
April 2015

β€œMonitoring contractor demand across the West Midlands”
Job availability across the West Midlands up 13%

Contract Recruitment Index highlights

β€’ There was a 13% increase in jobs month-on-month
β€’ Construction sector leads the way for financial contractors
β€’ Rise of the β€œentrepreneurial council” driving legal jobs boom
β€’ Rates increase by 18% across region month-on-month

Overall job availability up 13%

The March 2015 West Midlands Recruitment Index recorded a 13% month-on-month rise in job availability compared to February 2015.

Avtar Singh, Director of Venn Group, commented:
β€œThe West Midlands has seen an increase in employment activity across the board, but there are two areas that are booming. Firstly, we have seen high demand for accountants across a wide variety of sectors, particularly the construction industry. This means that the field is brimming with opportunities for contractors, and that rates are rising as organisations compete for the top talent.
Secondly, we have seen a boom in demand for legal professionals, particularly solicitors, over the last few months. Interestingly, many of the vacancies arising are within the public sector. Due to a change in practice by local authorities, their in-house legal teams can now undertake external work operating as quasi-legal firms. This means that legal professionals are being snapped up everywhere to help take on the increased caseloads, and, in some cases, to manage the councils’ new ventures with private businesses and other clients. This sector, amongst others in the region, looks set to experience much growth in the coming months.”

Contractors gain in remuneration stakes as a result of increased demand

The average rate for those securing jobs in March 2015 was 7% higher than those recorded in February 2015, with contractors now receiving an average of Β£277 per hour across the region.

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

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