Venn Group Contract Recruitment Index
“Monitoring contractor demand across the Midlands”
Job availability across the Midlands up 16%
Contract Recruitment Index highlights
• Overall job vacancies up 16% month-on-month
• Confidence in market boosts finance sector
• NHS snaps up HR professionals as services realign
• Rates leap by 12% across the region
Demand for contractors evident as vacancy levels increase by 16%
The June 2015 Midlands Recruitment Index recorded a 16% month-on-month rise in job availability with 2,479 vacancies advertised, compared to 2,137 in May 2015.
Avtar Singh, Director of Venn Group, commented:
“Increased confidence in the Midlands’ market brought about by the Conservative victory in May’s election has meant that activity in the financial sector has rocketed. As competition for the best candidates heated up, sector rates began to reflect this demand – for example, finance business partners in the region are commanding in excess of £372 per day, well above the average contractor rate across the board.”
Contractors enjoy increased remuneration rates
The average rate for those securing jobs in June 2015 was 12% higher than that recorded in May 2015, with contractors now receiving an average of £19 per hour across the region.
Avtar Singh continued:
“In other news, the Midlands’ education sector saw an upturn in roles as providers made plans to use resources over the summer months to make improvements without the students on site. Capital projects have been undertaken to ensure service, refurbishments and departments are all up to scratch when the new academic year kicks off.
“The NHS continued to be busy with budgets; long-term projects have begun for the next financial year as well as work for upcoming deadlines such as reference costs in August. Because of the merging and redeployment of some services between trusts, there has been a lot of activity on the HR side of the organisation, with a sharp incline in demand for TUPE specialists. Other areas of the NHS also remain buoyant, which has contributed to another successful month for the Midlands. ”
Notes to editors
Venn Group is the UK’s only specialist contract recruiter for organisations within the public and private sectors.
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.
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