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Venn Group Contract Recruitment Index

June 2015

“Monitoring contractor demand across the South West”

Digital leading the way for job creation across the South West

Contract Recruitment Index highlights

• Software developers in demand across all sectors
• Demand for tech contractors rockets as US tech giant Cray Inc. settles HQ into thriving market
• Businesses seek front end developers to improve user experience
• Day rates fall by 14% as UK undergoes deflation

Job vacancy numbers in the South West remain steady
The May 2015 South West Recruitment Index recorded consistency in job availability with 1,453 vacancies advertised, compared to 1,450 in April 2015.

Sundeep Bakshi, Associate Director of Venn Group, commented:

“The South West’s tech sector has thrived, particularly reflected by the recent news that US tech giant Cray Inc. is opening its new European headquarters in Bristol. Cray Inc. is the leader in many disciplines including cloud computing, high speed communications and multicore processor design. Contractors in the region have reaped the benefits of the high demand for their work, particularly project managers, who received up to £360 per day in May – almost double the average day rate.”

Contractors’ remuneration rates experience slight dip

The average rate for those securing jobs in May 2015 was 14% lower than those recorded in April 2015, with contractors still receiving an average of £190 per day across the region. This can be attributed in part to the levels of deflation the UK was experiencing, but looks set to pick up in the coming months.

Sundeep Bakshi continued:

“There has also been a rise in demand for front end developers as organisations seek to improve both their online user experience and functionality. Much investment is being made into digitalisation, and high numbers of organisations are looking to improve their online presence. For this reason, professionals with experience in Umbraco, a content management system for web designers, developers and content creators, are being snapped up all over 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. 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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