Recent figures from agency group, APSCo, show that much of this downturn in contractor was once again attributed to a notable fall in the number of roles within financial services
This drop in demand for contractors within financial services, where vacancies decreased by 30 per cent year-on-year, follows a considerable boom in temporary vacancies in 2016, suggesting that demand in this area is now stabilising following a period of volatility.
Ann Swain, Chief Executive of APSCo said: “The shift in the ratio of contract assignments to permanent hires reflects tightening skills shortages as employers look to shore up future talent streams. In fact, according to recent data released by Lloyds, more than half of British companies are currently struggling to recruit the staff they need. With this in mind, it is unsurprising that employers seem to be focusing on permanent hires.
“Uncertainty around the EU referendum in 2016 meant that many businesses turned to flexible workforces to keep the wheels in motion without investing in increasing permanent headcount.
"Now Brexit negotiations have begun, and the rights of EU citizens who have been working in the UK for more than five years seem to be secure, organisations seem to once again be taking a long-term approach to recruitment.”
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Susie Hughes © Shout99 2017