Langley James IT Recruitment Market Summary – December
Key points
- Strongest rise in permanent placements since March 2010
- Contract requirements at fastest pace in over 15 years
- Permanent salary growth highest since October 2007
Stronger rises in permanent and contract appointments.
The number of people placed in permanent jobs continued to increase in December, with the rate of expansion accelerating to the sharpest since March 2010.
Vacancy growth holds near 15-year high.
Demand for staff continued to increase strongly in December.
Permanent salaries rise at fastest pace in over six years…
Average starting salaries for people placed in permanent jobs increased further in December with the rate of growth the strongest since October 2007. Contract staff pay rates rose at a solid pace that was slightly slower than in the previous month.
…amid declining availability of candidates.
The availability of candidates to fill permanent roles continued to fall in December.
Permanent IT staff skills in short supply – Business Analysts, Digital Marketing, General IT, Java, PHP, Web Developers.
IT Contractor staff skills in short supply – Business Intelligence, Digital Marketing, .Net, PHP, Web Developers.
Staff appointments
Our IT consultants signalled further growth of staff appointments in December, with both permanent and contract requirements increasing at faster rates. In fact, the latest increase was the third-strongest since the start of Langley James IT Recruitment in 1999.
Our IT consultants commented that growth of temp billings reflected a combination of greater demand from existing clients and the securing of new contracts.
Vacancies
Data from the Office for National Statistics showed that job vacancies were up 14.9% on an annual basis in the three months to November. Latest available data signalled that internet-based recruitment spending rose by 4.6% in the second quarter of 2013.
Demand for staff by sector
Permanent staff – Growth of demand was broad-based across all key types of permanent staff with Executive/Professional moving into the top spot. IT & Computing remained in third place.
Contract staff – IT & Computing posted the fastest growth with Nursing/Medical and Accounting/Financial completing the top three placed in the demand for staff league table.
Staff Availability
Permanent staff availability fell at a sharp and accelerated rate in December. The sharpest reductions in permanent staff availability was shown in London and the Midlands.
The availability of contract staff fell for the sixth month running in December. Although easing slightly from November’s nine-year records, the rate of decline remained marked.
Remuneration
The rate of inflation of permanent staff salaries quickened further in December with our IT consultants reporting that these frequently attributed to shortages of quality candidates.
Rates of pay for contract employees increase for an eleventh month in December. Strong demand for staff was reported to have driven the latest growth of temp pay.
About Langley James
Langley James was founded in 1999 by James Toovey, a highly respected recruitment industry professional. James wanted to provide something unique: a bespoke recruitment service which was founded on service excellence. With offices in London and Manchester, we are now providing our ‘boutique style’ recruitment services throughout the world and over the last 14 years, have worked with some of the most respected companies in the world.
To find out why so many companies turn to Langley James for support for fulfilling their IT recruitment needs, call and speak to one of our specialist consultants today on 0845 124 9555.
