December IT Jobs Report

Tagged:IT Jobs Report
December IT Jobs Report

Placements rise further, but rate of growth continues to slow amid candidate shortages

 

Key points from November:

 

  • Permanent placements increase at slowest place in 18 months
  • Faster rise in Temp placements
  • Strong salary growth amid falling candidate availability

 

Growth of permanent placements eases to 18 month low…

 

Not much Christmas cheer in the job market as as the number of permanent workers placed slowed to its lowest in 18 months

 

…but temp placements rise at fast rate

 

The employment of temporary and contract staff increased again in November, with the rate of expansion quickening from that recorded in the previous month

 

We saw some salary growth – at last

 

Starting salaries for successful candidates placed in permanent jobs rose further, with the rate of growth quickening from Octobers’s eight month low. Temp pay growth remained solid and slightly faster than in the previous month. The rise in salaries can be attributed to to stronger demand for staff and competition between employers for quality candidates. The Midlands saw the sharpest increase in salaries while London saw the slowest.

 

Further Marked drop off in staff availability

 

The rate of decline in permanent candidate availability remained marked in November, with a range of skills reported in short supply. Temp staff availability also fell, albeit at the slowest rate since March. Lower permanent staff availability was recorded in all 4 monitored regions, with the midlands seeing the sharpest drop. IT continues to see skill shortages leading to increased rates of pay for new hires.

 

Key Perm skills in short supply:

 

  • C++ Developers
  • Java Developers
  • .NET Developers
  • PHP Developers

 

Key Temp skills in short supply:

 

  • Business Analysts
  • Java Developers

*All facts and figures provided by Markit, sponsored by REC and KPMG

 

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