Monthly Archives: January 2014

From Bear to Bull – 2013 booming for contractor jobs

After what was quite frankly a disappointing start to 2013 for contractor jobs, we ended on a high note according to the Association of Professional Staffing Companies (APSCo) in their latest report.

With consistently positive GDP results, every sector delivered growth for the first time with placements leaping by an impressive 25% compared to that of the start of the year.

Strong growth across professional sectors

2013 saw an increase of 8.5% on permanent placements across the main employment sectors such as IT, engineering, accounting, finance, media, and marketing. This was coupled with a 25% increase in UK vacancies which is indicative of a real growth in confidence across UK employers.

In the contractor market finance performed particularly well with placements leaping by a very impressive 25% since the start of 2013. The IT contractor market is still performing notably well with advertisements for temporary vacancies increasing 22% year on year.  This trend was confirmed by specialist contractor recruitment firm, Venn group, whose own index of hiring activity shows an overall increase of 17% in contract vacancies across the country.

On a final note, salaries are on the up which is great news across the board. Collated data from online job advertising showed a median increase of 1.4% compared to this time last year.

Michael Hough