Recruitment sector view, summer 2016 – by MD George Zitko
As the Managing Director of a continually growing specialised recruitment agency, keeping up to date with the latest news on the UK economy, the wider jobs market and trends in the sectors we recruit in is very important. I read with interest this week that the online jobs site reed.co.uk has announced its latest Job Index, which reveals that the UK job market continued to grow in July 2016. 8% more vacancies were on offer in July than the same time last year.
This was no surprise to us here at Zitko. We are seeing a huge increase in roles available across the range of IT and Security businesses we work with – testament to the wider market growth.
We saw a busy second quarter in the business, smashing our proposed target for the three months just gone and we are experiencing a busier summer than expected too. Our clients want to continue to invest in the right people to help them succeed – and we’re delighted to help them do that.
Even better news comes from the latest Reed Job Index findings too. The industry boasting the highest annual employment growth was confirmed as Security & Safety (+47.7%) – a sector that we are instrumental in helping to grow thanks to our specialist recruitment services.
It’s also reassuring to see such a positive result on the latest index on the back of the recent EU referendum. Discussions on Brexit continue to make the headlines of course. At the recent IFSEC security event in London on the eve of the vote, the referendum was certainly a hot topic at our stand and across the exhibition hall.
As a specialist recruiter for the IT and security sectors, we work with a range of industry leading organisations who are key contributors to the UK economy. From the businesses we’ve talked too, Brexit hasn’t knocked their confidence. The sectors have seen no immediate impact from the exit vote and in fact, the sectors are as strong as ever.
Brexit has had no negative impact on our business either. The MD’s and owner managers we work with are wanting to further secure the future of their businesses by investing in the right people to help them get there. This really is the right decision – now is not the time to put recruitment spend on hold. We are working in a buoyant economy, confidence is strong and there’s a great pool of candidates out there who can make a real impact, whatever a post Brexit environment may look like.
If a business is feeling any uncertainly in light of the Brexit vote, there’s actually no better time to consider outsourcing recruitment to a specialist. Our Premium ‘Recruitment as a Service’ package means we act as your in house recruiter, but at a fraction of the cost and commitment that comes from a full time, permanent employee.
All in all, very positive all round – with a high number of vacancies on offer, confident organisations wanting to develop and a great springboard for the rest of the year – for us and the sectors we work in.
George Zitko and the wider recruitment team regularly comment on sector topics and share latest team and industry news, so do take a look at our blog or follow us on Twitter or LinkedIn for the latest updates. See the latest Reed Job Index survey here.