Welcome to Recruiter TV, back to work bulletin, brought to you by The Technology In Recruitment Alliance and sponsored by Smart Recruit Online, The UK's first fully automated Online recruitment toolkit for Recruiters and HR professionals.
In this months 'back to work' bulletin we start with news that, Lloyds TSBs most recent survey suggests further evidence that the UK economy is slowly recovering. The Survey points to improvement in the construction industry due to a rise in lending by banks and a fall in unemployment.
Barclays has announced it will cut 3,700 jobs following a strategic review of the company. Barclays aim to cut £1.7 billion in annual costs by 2015 in an attempt, it says, to improve standards.
The royal Mail has been closely working with a talent assessment firm, in an aim to improve their selection of staff. They say that they expect to interview over 22,000 candidates each year with at least 10,000 being hired annually.
The Defence giant BAE systems are set to recruit almost 400 engineering and business apprentices this year. This is their highest intake since 2008. They plan for 1 in 10 new recruits to join the firm's five year 'higher apprentice programme', which consists of 'on the job' training, combined with degree level studies.
BAE also announced this month that it will invest £80 m per year in the Uk in education and schools activity, university partnerships and training and development programs.
Recruitment firm Robert Walters has seen their profits drop by 50% to £7.7 million giving a strong warning to London's financial industry.
According to leading financial services recruitment firm Astbury Marsden, the number of new city jobs has tripled in the last month and says that approximately 2,509 new City jobs were created in January 2013 up from just 802 jobs in 2012.
The National Apprenticeship service, have found that online applications for apprenticeships have increased by 41% over the course of just one year. The NSA has reported a rise in vacancies advertised and has seen more than 267,000 apprenticeship applications submitted between November 2012 and January 2013. Nearly 25,000 of these were online this is an increase of 26.6% from last year.
Permanent and temporary job placements continued to rise in 2013. The north has seen the fastest growth of permanent placements in January followed by the midlands. Private sector demand for permanent employees rose at a steady rate throughout January and February with growth reached a 10 month high. Temporary positions however for the private sector saw a slight dip for the first time this year. It was found engineering, construction and IT were the most in demand categories for permanent staff throughout the first 2 months of 2013.
And finally: UK Employment Growth was the fastest in 21 Months according to a report by KPMG. Commenting on this statement the REC Director of Policy and Professional Services Tom Hadley said that the rise is caused by continued growth in permanent vacancies paired with a reduction in candidate availability.
Well that's all from me. Don't forget that you can find all our news bulletins for this month by going to the TIRA Recruiter TV YouTube account.
Recruiter TV was presented by Rezzy Ghadjar, brought to you by The Technology in Recruitment Alliance and sponsored by Smart Recruit Online, The UK's very first fully automated Online recruitment solution for recruiters and HR professionals. …...more
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