At first glance, 2023 looks pretty bleak. After all, there has been a dip in vacancies, year on year, of 34% in terms of the monthly average. Businesses which for the last two years were just non-stop recruiting, this year have suddenly slowed down and for recruiters, there are many who are still adapting to this reality…
The UK market has had a three-year rollercoaster like no other in memory. From the pandemic, to the post lockdown surge, such have been the extremes, 2019, the last time we had a regular market, feels a long time ago…
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!