Latest figures showing permanent and interim staff appointments are rising prove that there is more confidence among employers and the economy is on the road to recovery, says interim management and executive recruitment company Executives Online.
According to the REC/KPMG monthly survey and the Institute of Interim Management’s (IIM) yearly Interim Management Survey, demand for staff is rising. The Recruitment and Employment Confederation found the number of candidates placed in permanent roles increasing for a 10th successive month in July, which takes the rate of growth for permanent staff appointments to its highest point since March 2010 – reaffirming improved confidence within the marketplace and client activity levels.
Higher permanent staff appointments were reported in all four monitored English regions during the latest month, with the fastest expansion recorded in the North.
James O’Brien, managing director at Executives Online, said: “This latest surge in jobs, together with the Bank of England’s commitment to keep interest rates low for three more years, demonstrates that things are improving for the economy. Businesses have better cash flow thanks to low interest rates and recruitment is on the up as a result.
“At Executives Online we are witnessing a buoyant job market with an increase in assignments for both permanent projects and interim managers.”
The IIM reported that 73% of interim managers surveyed are currently on assignment, which signals a much healthier market than the UK has experienced over the last few years.
After a three-year slide in availability of assignments for interim managers, it says that 2013 has so far followed an assignment pattern that highlights a return to normality.
Mr O’Brien said: “Executives Online is prepared for an increase in demand for high quality candidates. We’ve invested to build our 100,000-strong Global Talent Bank as the first port of call for all our recruitment projects over the past 10 years, enabling us to quickly identify and shortlist candidates who are an excellent match to each client brief every time. When the supply and demand for top talent changes, as in a recovering economy, we are ready to support our clients in attracting and engaging the right person for each role.”
Executives Online is an executive recruitment company that employs a unique blend of online methods and personal, professional service to deliver targeted and cost-effective recruitment for clients. Its executive recruitment service delivers senior directors and managers for interim and permanent roles, selected for their specific experience and skills, in virtually every functional and professional discipline. At the heart of Executives Online’s service is its Global Talent Bank, a growing and constantly refreshed network of over 100,000 candidates. These individuals represent a diverse and highly experienced resource for companies facing an urgent need for talent.
