Thought Leadership

See our latest news, market reports, executive comment and recent newsletters — and discover which media outlets use Vacancysoft thought leadership and data to enhance their stories

We partner with leading recruitment firms to produce thought leadership reports highlighting key labour market trends.

Fintech – UK Finance Labour Market Trends Report, May 2024

Fintech – UK Finance Labour Market Trends Report, May 2024

VC funding into the technology industry is on the rise again, bringing relief to policymakers. In the UK, FinTech is a major beneficiary of this increased investment, which is directly translating into heightened recruitment activity. FinTech stands out as the best-performing segment within Financial Services this year. If the current pace of recruitment continues, the number of FinTech vacancies in 2024 will be 36.7% higher nationwide compared to last year.

SAP – UK Tech Labour Market Trends, April 2024

SAP – UK Tech Labour Market Trends, April 2024

Analysis shows that SAP vacancies are projected to decrease by 34.1% in 2024 compared to 2023 (comparatively, in the 2022 to 2023 data analysis, vacancies decreased by 2.1%). Similarly, regional SAP vacancies are on track for two consecutive years of decline. This trend decline in SAP hiring reflects the broader slowdown impacting the technology sector as it adapts to the transition to a more rigid financial discipline.

Banking – UK Legal Labour Market Trends, May 2024

Banking – UK Legal Labour Market Trends, May 2024

The surge in vacancies for banking lawyers during Q1 2024, observed both in law firms and banks, reflects significant industry dynamics. 137 vacancies were posted within law firms, marking the highest total since Q3 2022. Extrapolating from Q1, 2024 is projected to see a 35% increase compared to the previous year. Similarly, there was a 17.7% increase in legal vacancies within banks compared to Q4 2023.

Our CEO, James Chaplin, provides insight into business, operations and thought leadership at Vacancysoft.

Labour’s tax dilemma

Labour’s tax dilemma

The impact of the budget on tax recruitment is apparent. March 2024 was the record month for tax vacancies going back to January 2019, beating even the peak post pandemic months in 2021. At the same time, in a recent report featured in Bloomberg, the UK is set to see 9,500 millionaires repatriate away, which is more than any other country globally, with the exception of China.

Retail slumps to four year low

Retail slumps to four year low

With the general election looming, increasingly the question is becoming one of judgement. Who do we trust to represent the country and with that, the economy? The UK economy is consumption led, meaning that what happens in retail and consumer goods and services, is significant, when looking at economic activity. With that, in what is turning out to be a spectacular own goal, the Government’s ill fated ‘tourist tax’ on retail (not allowing VAT rebates on shopping) is starting to be felt amongst retailers.

Sunak’s bitter poison pill

Sunak’s bitter poison pill

For the UK Pharmaceuticals industry, the headwinds are real. The post pandemic hangover, at first caused by clinical trials being delayed on approval, so that COVID-19 related drugs could be prioritised meant that as the pandemic subsided, the pipeline of other drugs going to clinical trials had slowed to a trickle. The MHRA was supposedly tasked with creating a fast track regime to overcome this, equally even now, the EMA is approving drugs faster. Hence for pharmaceuticals companies looking at where they should organise trials, the UK is as a result, less attractive.

Our partners in the recruitment industry share their thought leadership insights, advice, and best practices.

From Liability to Advantage: Mastering IR35 Compliance for Recruitment

From Liability to Advantage: Mastering IR35 Compliance for Recruitment

For recruitment agencies supplying limited company contractors, it’s vital to have a good understanding of IR35 legislation and processes in place to reduce and mitigate risk. Whilst the IR35 legislation has been in place for over 20 years, the Off-Payroll reforms created a tax exposure for recruitment agencies that did not previously exist.

Embrace Technology for Sustained Success

Embrace Technology for Sustained Success

In today’s fast-paced world, technology continues to advance at an astonishing rate, revolutionising various industries and reshaping the way we work. For the UK labour market, this high-tech revolution has brought about significant transformations, particularly for agency recruitment owners. However, these shifts should be viewed as opportunities rather than challenges.

At Vacancysoft we cherish the vibrant tapestry of connections woven through our diverse team, spanning across London, Warsaw, and Lviv. Our curated events serve as a cornerstone for fostering meaningful relationships with our employees, clients, and suppliers. By championing thought leadership and innovation, we cultivate a dynamic environment for networking and collaboration. These gatherings are not just events, but a testament to our commitment to building a community that thrives on diversity, knowledge sharing, and mutual growth.

Scaling Up Key Clients

Scaling Up Key Clients

How effective are you at scaling up your key clients? How are you using your tech-stack to help you with this?
Join our free webinar, hosted by James Chaplin (the CEO at Vacancysoft) and Matt Gallivan (Head of Sales at JobAdder), to learn about the best sales strategies!

Read the latest news on the recruitment and staffing industry through stories powered by Vacancysoft’s labour market data, analysis and our thought leadership pieces.

Daily Mail: Brits finally get back to their desks

Daily Mail: Brits finally get back to their desks

Less than two in five workers are now spending some of the week at home compared to 43% who are in the office full-time James Chaplin, Vacancysoft CEO, is featured in the Daily Mail talking about hybrid working in the UK: Since the summer, many companies have returned...

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