Recruitment Offers And August Job Market Update
Read our September 2024 job market updates: Recruitment News: Job Vacancies Are On The Rise and September Job Market Update.
In this month’s blog, we’re excited to share incredible opportunities and insights to help your business or charity thrive in today’s competitive market. We’re launching a £1 Million Giveaway to support small businesses across the UK, offering Free Charity Job Adverts to help non-profits find the right talent at no cost, and providing an in-depth August Job Market Update to keep you informed on the latest employment trends. Whether you want to expand your team or stay ahead of market shifts, these resources are designed to give you the edge.
£1 Million Giveaway: Transform Your Business with ActionCOACH UK
Are you ready to elevate your business to new heights? By partnering with ActionCOACH UK, you could be just one click away from winning an incredible £1 million. This isn’t just a financial boost – it’s an opportunity to revolutionise your business with a range of free, expert tools designed to overcome your biggest challenges.
When you sign up, you’ll not only enter the prize draw for £1 million but also gain immediate access to a powerful suite of resources. Start with a free discovery call to pinpoint your most pressing business obstacles, followed by a complimentary 1-2-1 strategy session with a certified business coach (valued at £750). You’ll also receive a personalised 90-day plan (worth £250) to kickstart your path to success. These proven tools have transformed businesses across all industries for 30 years.
Don’t miss out on this life-changing opportunity. Sign up now for your chance to win £1 million and unlock £1,045 worth of expert resources designed to ensure your business thrives.
Free Charity Job Advert: Helping Non-Profits Find the Right Talent
We understand that finding the right talent can be challenging and costly for many charities. That’s why we’re offering free job advertisements to all registered charities. This initiative is part of our ongoing commitment to supporting the non-profit sector and helping organisations like yours connect with passionate individuals who can drive their mission forward.
Why Offer Free Job Adverts?
In the non-profit world, every penny counts. We recognise that the recruitment cost can significantly burden charities, especially smaller organisations with limited budgets. By offering free job adverts, we’re removing the financial barrier to finding the right people, allowing you to allocate more resources directly to your cause.
How It Works
Posting a job advert through our platform is easy and completely free for registered charities throughout August. Create an account, write your job description, and publish your advert to reach thousands of potential candidates. Our platform is designed to be user-friendly, ensuring that your job advert gets the visibility it needs to attract the best talent.
Who Can Apply?
This offer is available to all registered charities across the UK. Whether you’re looking for volunteers, fundraisers, project managers, or any other role crucial to your organisation’s success, our platform can help you find the right match.
The Benefits:
- Wider Reach: Your job advert will be seen by a large pool of candidates who are passionate about making a difference.
- Cost Savings: Save on recruitment costs and invest more in your programs and services.
- Ease of Use: Our platform is designed to be simple and effective, so you can post your job and start receiving applications quickly.
We believe that by helping charities find the right people, we’re contributing to these organisations’ positive impact on our communities. If your charity needs dedicated individuals to help achieve its mission, take advantage of our free job adverts today by contacting Joel on 0330 100 2239 or email us at joel.aldridge@hiringpeople.co.uk.
August Job Market Update: Navigating the Shifts in Employment Trends
The latest data from the Office for National Statistics (ONS) and Reed brings mixed news for the UK job market. On one hand, we’re seeing an unexpected drop in unemployment, particularly among those over 25, which is a promising sign of economic recovery. On the other hand, wage growth has slowed to a two-year low, indicating that while jobs may be more plentiful, pay is not keeping pace with the demands of living costs.
This broad decrease in unemployment highlights a modest increase in employment for the quarter. Yet, the ongoing decline in job vacancies suggests that pressures within the UK labour market are far from over. Though potentially easing inflationary pressures, the slowing wage growth raises concerns about stagnating productivity and the economy’s overall health.
These mixed signals have led some economists to speculate that the Bank of England might maintain interest rates at 5% in the short term, adopting a cautious stance amid these fluctuating conditions. Chancellor Rachel Reeves has underscored the need for ongoing efforts to support employment, indicating that her upcoming budget will address crucial areas such as spending, welfare, and taxes to bolster the UK economy.
Candidate Preferences and Job Market Trends
In the current job market, certain trends are becoming increasingly clear. The ten most searched phrases by job candidates highlight a strong preference for roles that offer flexibility and stability. These include “remote,” “customer service,” “admin,” “warehouse,” and “finance,” as well as more specific terms like “administration,” “warehouse operative,” “cleaner,” “retail,” and “recruitment.” This indicates that candidates seek traditional office roles and are highly interested in operational and logistics positions.
When we examine the competitiveness of salary ranges, it becomes evident that lower salary bands are extremely competitive. For example, in the £0 to £9,999 range, 3,238 candidates are competing for just 562 jobs, and in the £10,000 to £19,999 range, 5,638 candidates are vying for 263 positions. The £20,000 to £29,999 and £30,000 to £39,999 ranges show slightly better balance, with 24,197 and 22,204 candidates for 9,449 and 14,817 jobs, respectively. Mid-salary ranges, such as £40,000 to £49,999 and £50,000 to £59,999, remain tight, while higher salary bands, particularly in the £60,000 to £69,999 range, favour job seekers with more jobs available than candidates.
Regional and Sector-Specific Insights
Regionally, London and the West Midlands continue to attract the highest number of job applicants, followed by Yorkshire and Humberside, North West England, South East England, and East Midlands. This regional distribution reflects where job opportunities are most concentrated and where competition among candidates is fiercest.
Regarding sector preferences, applicants are strongly interested in Admin/Secretarial, IT & Telecoms, Retail, Accountancy, and Transport & Logistics. This aligns with the sectors posting the most jobs, which include Education, IT & Telecoms, Engineering, Customer Service, and Strategy & Consultancy. The alignment between candidate interest and job availability in these sectors suggests employers in these fields may have an easier time filling positions. However, competition remains strong, particularly in the lower salary ranges.
Key Takeaways:
- Wage Growth: While wages are rising, the rate of increase has slowed, easing inflationary pressures but raising concerns about economic health.
- Job Vacancy Trends: The decline in job vacancies signals ongoing challenges in the labour market, even as unemployment falls.
- Candidate Searches: The most searched job phrases indicate a preference for flexibility, stability, and roles in customer service, admin, and operational sectors.
- Salary Competitiveness: Lower salary ranges are highly competitive, with many candidates vying for fewer positions.
- Regional Trends: London and the West Midlands lead in job applicant numbers, with Admin/Secretarial and IT & Telecoms being the most preferred sectors.
If you need help, advice, guidance, or wish to post a job advert please contact Joel, Debby, or Neeta on 0330 100 2230 or info@hiringpeople.co.uk.
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