Discover the latest Finance & Banking – UK Finance Labour Market Trends Report, July 2023 and stay ahead of the game in the recruitment industry. Explore key findings, industry insights, and potential challenges that lie ahead for finance professionals.
For increasing numbers of businesses, hybrid work is becoming the norm, where to add to that, we are also witnessing a significant surge in work-from-home (WFH) vacancies across all functions.
In 2019, only 0.44% of permanent vacancies posted on company websites career centres were marked as remote. Compare that to 2023, where remote vacancies have comprised 4.3% of the total so far. Put simply, remote vacancies have never had such a high share of the total before.
Despite the difficult economic climate, companies are still looking to hire exceptional software engineering talent and are prepared to pay a premium for those with the right background and knowledge of sought after programming languages. Nonetheless, 2023 is on track to have 55% less software engineering vacancies than last year, according to the latest Technology report by Robert Walters and labour market data analysts Vacancysoft.
According to the latest life sciences report by CPL and labour market data analysts Vacancysoft, Pharma companies in the UK are still experiencing talent shortages in areas like digital, data analytics, and environmental, social, and governance (ESG), despite estimates showing a projected 40% year-on-year decrease in executive vacancies in 2023. Download your copy to take a more in-depth look into hiring activity within Life Sciences!
Although the economic slowdown is impacting Law Firm recruitment overall, Litigation/Dispute resolution is an area which is less dependent on the economic cycle than others, as a result, this has become the second largest area law firms have been recruiting for this year, according to the latest legal report by Search and labour market data analysts Vacancysoft.