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Venn Group Contract Recruitment Index

July 2015

“Monitoring contractor demand across the North West”

Contract Recruitment Index highlights

• Overall vacancies rise 4% month-on-month
• Public sector drives demand for professionals
• Manchester growth to overtake international players
• Contractor rates rise 4% in line with demand

Regional demand for professional talent on the rise

The June 2015 North West Recruitment Index recorded a 4% month-on-month rise in job availability with 3,192 vacancies advertised, compared to 3,069 in May 2015.

Stan Murray Hession, Associate Director of Venn Group, commented:

“The North West enjoyed another busy month for recruitment. In the public sector, the NHS invested heavily in comms and marketing talent to increase engagement and streamline external communications. This came after large IT initiatives focused on making internal processes more efficient and digitalising practices and records concluded over the last two months. Elsewhere, the revenues and benefits market picked back up in the North West – and across all regions – as local councils got back to business as usual following the election. Demand for talent has been high, which is reflected in the rates these professionals are commanding –many are in excess of the average regional contractor rate.”

Contractors enjoy a rise in remuneration rates

The average rate for those securing jobs in April 2015 has risen by 4% since our last Index, with contractors now receiving an average of £236 per day across the region.

Stan Murray Hession continued:

“In more good news for the North West, a study by the International Festival of Business has revealed that Manchester is set to outperform Berlin, Tokyo and Paris in jobs growth over the coming five years. Economists say the main driver of this unprecedented growth has been the professional services industry, which is set to continue its ongoing growth with 7,800 new jobs created in the city by 2020. The study also suggested that Manchester is one of the top ten fastest growing regions for legal and financial employment, management consultancy and advertising outside the capital. ”

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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