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Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Professional talent spotlight –
September 2011
Recruitment market commentary from Badenoch & Clark




Contents:                                                   About Badenoch & Clark:

Accounting & Finance                        Page 2          Badenoch & Clark is a leading            Badenoch & Clark has offices throughout
Banking & Financial Services                Page 3          international recruitment consultancy    the UK.
Central Government                          Page 4          specialising in placing professionals
                                                            into permanent, temporary, interim       Using market intelligence form major job
Human Resources                             Page 5                                                   boards, data from all brands within the
                                                            and contract roles.
Information Technology                      Page 6                                                   Adecco Group UK & Ireland, company
Legal                                       Page 7          The company specialises in recruiting    websites, social networking sites,
Marketing & Communications                  Page 8          for accounting & finance, banking &      SalaryTrack, the market‟s leading earnings
NHS                                         Page 9          financial services, human resources,     information service and
Procurement & Supply Chain                  Page 10         IT, legal, marketing & communications,   www.mysalarychecker.com we have
Public Sector and not for profit            Page 11         procurement & supply chain, project      provided detailed salary trend information
Scotland                                    Page 12         & programme management and               to back up our observations on the
                                                            public sector roles.                     recruitment market.


 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhpc.com or hannah.buckley@mhpc.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Accounting & Finance
  All comments by
  Nicola Linketer,                                                        Employer brands still at risk from slow
  Managing Director,
  Badenoch & Clark
                                                                          feedback
                                                                          “Companies‟ response speed and lack of feedback is continuing to send
                                                                          negative messages to candidates and damaging employer brands.
                                                                          Employers need to be aware that poor levels of recruitment response give
                                                                          rise to a less than positive profile in the marketplace which can affect their
 Employer branding and                                                   ability to attract the best talent.”

  employee engagement key
  move up the agenda                                                      Battle of the sexes in the spotlight
 Banking regulation & projects                                           “The government has come one step closer to imposing quotas as gender
                                                                          equality still doesn‟t meet the desired levels set out in the Davies report.
  drive demand                                                            Companies are urged to redouble their efforts and put equality at the heart of
                                                                          their hiring policies with half of all new board appointees being women.”


  Market data:
                                                                          Employee engagement still high on corporate
  Permanent                                                               agendas
     Vacancies fell by around 9% (MOM) in
      August/September.                                                   “The need to keep top talent engaged and motivated is still a major concern.
     On average salaries are up around 0.1% MOM.                         Despite the choppy nature of the economy, businesses need to ensure that
     Finance manager salaries rose 0.43% MOM to                          they recruit smart and retain key talent to provide leadership and drive growth
      £62,700 and finance business partner salaries                       when markets improve.”
      rose 0.37% to £55,500.
     Auditor pay in London was up 0.61% to £52,400
      and management accountant pay in the East                           Continued demand for taxation and governance
      Midlands rose 1.0% to £31,400. Accounts
      assistant pay rose MOM across the east of                           experts
      England (0.68% to £25,200), Yorkshire &
                                                                          “In light of the legislative change and the government‟s new banking
      Humberside (1.26% to £22,100), the North West
                                                                          regulation proposals, the market continues to seek out auditors who can keep
      (1.2% to £22,200), Scotland (1.38% to £22,700)
                                                                          companies within the prescribed framework and reduce the cost of doing
      and Wales (1.68% to £23,800).
                                                                          business.”
  Contract
     MOM vacancies fell 13.22% to 2,139 in
      August/September                                                    Rise in project-related vacancies
     In line with the decrease in reported vacancies
      contract rates held more or less steady (0%                         “As budget pressure persists, we‟re seeing an increase in project-related
      MOM).                                                               roles as companies divide up their target deliverables into discreet project
     Finance project manager contract pay rose                           specifications.”
      0.1% to £50/hour and auditor pay rose 0.08% to
      £25/hour.

  “Market volatility and the summer break have clearly
  reduced the demand for permanent accounting and
  finance staff. We expect this to pick up as stability
  returns.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Banking & Financial Services
     All comments by Kay                                                  Evolving regulation fuels candidate demand
     Senior, Operations
     Director, Banking &                                                  “As the regulatory environment continues to evolve, we‟re seeing high levels
     Financial Services,                                                  of demand across all compliance specialisms, notably in monitoring where
     Badenoch & Clark                                                     clients are seeking internal audit skills. However, compliance professionals
                                                                          are cautious about moving due to volatility within the market, leading to a
                                                                          shortage of quality candidates.”

 Compliance professionals still
  in demand                                                               A demand / supply paradox in asset
 Hiring freezes within major                                             management operations
  organisations reduce                                                    “With a significant number of in-house asset management operations being
                                                                          outsourced to larger third-party administrators, resulting redundancies have
  opportunities                                                           led to an increased pool of operations candidates. However, demand still
                                                                          exists for more highly skilled ops candidates who are degree educated /
 Demand for interims with a                                              industry-qualified, allowing those with the relevant qualifications to stand out
                                                                          more easily from the crowd.”
  commercial mindset
                                                                          Transformation projects favouring contractors
                                                                          “With a focus on increased regulation, systems development and cost &
                                                                          process efficiencies, major finance transformation projects are currently
                                                                          taking place in most banks and financial institutions. During this time of flux,
                                                                          fixed term contracts are being favoured in place of permanent headcount,
                                                                          and successful candidates are being required to demonstrate strong levels of
                                                                          commerciality and technical knowledge.”

      Market data:

      Permanent                                                           Project-based roles to focus on creation of
         Permanent salaries up 0.48% MOM                                 ‘living wills’
         Permanent vacancies down 15.9% MOM to
          10,612                                                          “The onus is now on banks to enhance their contingency planning and have a
         Change Manager and Internal Auditor                             clear plan for their orderly wind-up should they face bankruptcy. This has led
          salaries up 0.5% (to £57,000) & 0.49% (to                       to an increased appetite for project-based roles to help scope out „living wills‟
          £46,000) respectively                                           for major organisations, to prevent a repeat of Lehman Brothers.”

      Contract
         Contract salaries up 0.23% MOM
         Contract vacancies down 12.6% MOM to
          485

      “With the summer months and market volatility,
      several major financial organisations have
      implemented hiring freezes resulting in an
      inevitable slow down in vacancy numbers
      across the board. Once markets settle we
      expect hiring to recommence.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Central Government
      All comments by                                                  Pay drops on rate card introduction
      Matt Gascoigne,
      Operations Director,                                             “With the government under pressure to control costs there is pressure to
      Public Sector                                                    stick to rate card pay scales. As a result candidates need to accept working
      Badenoch & Clark                                                 to rate cards if they are to work in government.”


                                                                       Project management and contract roles in
           Cost control sees introduction                             demand
            of rate cards
                                                                       “With voluntary redundancies aplenty the government is considering how to
                                                                       up-skill its people and improve capability to cover skills gaps. While the
           Government turns to                                        government looks at the wider training and professionalism agenda of civil
            contractors and project                                    servants going forward roles are being filled with project managers and
                                                                       contractors.”
            managers to fill vacancies

           Technical candidates in                                    Difficult to fill technical roles driving demand
            demand                                                     “Despite the recruitment freezes and grading structures in place there is a
                                                                       requirement to fill the more difficult technical roles. A direct result is that
                                                                       architecture, testing and IA contractors are needed”.




  Market data:

  Permanent
     Permanent salaries up 0.28% MOM
     Permanent vacancies down 10.6% MOM to
      5,107
     Leasehold officer and policy officer salaries
      up 0.96% MOM to £23,200 and £29,550
      respectively

  Contract
     Contract salaries up 0.28% MOM
     Contract vacancies down 15.4% MOM to
      438
     Pay rates flat across the board

  “The summer break has compounded the public
  sector cuts as demand for both permanent and
  contract staff dropped significantly. Whilst pay is
  still on the rise we expect to see it drop next
  month due to the introduction of rate cards.”



 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Human Resources

   All comments by
   Sarah Wynn,
                                                                             Lift in HR interim roles to support overstretched
   Operations Director,                                                      teams
   HR, Badenoch & Clark
                                                                             “With many HR teams being rationalised over the past year, resources have
                                                                             been over-stretched for some time. Whilst organisations have recognised the
                                                                             need to mitigate this in order to retain key employees, they are now ramping
                                                                             up their hiring of interim consultants to help alleviate excessive workloads.”


     Drawn-out recruitment                                                  HR Managers to HR Business Partners
      processes in search of the very                                        “With „commercial focus‟ understandably now on most employers‟ wish-lists,
      best talent                                                            organisations are moving toward roles that directly engage with the wider
                                                                             business to ensure a commercial mindset throughout. Business Partner roles
     Uplift in interims to relieve                                          have seen a recent uplift in popularity, in favour of HR Manager titles that are
                                                                             perhaps perceived to be heavier on administration and less reflective of a
      overstretched teams                                                    progressive HR function.”

     Requirement for commercial
      focus creates demand for                                               Doom and gloom leads to great expectations
      business partners                                                      “A combination of the summer months‟ disruptions and ongoing negative
                                                                             press about economic conditions has resulted in drawn-out recruitment
                                                                             processes, with employers increasingly particular about the calibre of
  Market data:                                                               candidate they will take on. Current expectations are such that an external
                                                                             hire must almost be of higher calibre than the existing team or predecessor,
  Permanent                                                                  rather than like for like, with the trend particularly true of blue chips hiring for
     Permanent salaries up 0.9% MOM                                         mid-level roles”
     Permanent vacancies down 10.13% MOM
      to 1,863
     Head of Recruitment sees the largest                                   Oil & gas sectors ramp up resourcing teams
      average salary uplift at 3.36% YOY to
      £57,000                                                                “With major new contracts being won in international markets and the
     Hiring freezes within banking & financial                              continuing boom in commodities fuelled by emerging markets, large and mid
                                                                             cap organisations are increasing their recruitment drives whilst continuing to
  Contract                                                                   focus on retaining their best talent.”
     Contract salaries up 0.03% MOM
     Contract vacancies down 5.32% MOM to
      281                                                                    Rise of HR team leaders for service centres
  “Over the summer months and against a                                      “With the continual drive for cost efficiencies, shared service processing
  backdrop of continued uncertainty in the                                   centres for high-volume work are becoming increasingly popular. This is
  markets, we have seen an inevitable drop in                                creating increased demand for strong people managers to lead large teams
  both permanent and contract vacancies but we                               of HR administrators, who focus anything from on/off boarding to the full
  expect this to pick up in Q4.”                                             recruitment lifecycle.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Information Technology

    All comments by
                                                                       Public Sector
    Matt Gascoigne,
    Operations Director, IT
    Badenoch & Clark                                                   Difficult to fill technical roles driving demand
                                                                        “Despite the recruitment freezes and grading structures in place there is a
                                                                       requirement to fill the more difficult technical roles. A direct result is that
                                                                       architecture, testing and IA contractors are needed.”

      Technical candidates in demand

      Finance sector needs 3rd line
       support                                                         Private Sector
      Calling all IT contractors
                                                                       3rd line support in demand in finance sector
                                                                       “The finance sector continues to recruit heavily with a demand for 3rd line
                                                                       support with „all round‟ skill sets, particularly those with a good grasp of
                                                                       networking, Wintel and Virtualisation knowledge.”




    Market data:
                                                                       Calling all IT contractors
                                                                       “As the market tries to manage their financial outlay in response to the
    Permanent                                                          economic environment they are looking to IT contractors for support.”
       Permanent salaries up 0.09% MOM
       Permanent vacancies down 9.81% MOM to
        13,973
       .Net salary up 0.11% MOM to £39,300

    Contract
       Contract pay up 1.15% MOM
       Contract vacancies down 0.18% MOM to
        6,022
       IT Directors‟ pay up 3.8% MOM to £96/hour
        and SAP pay up 2.43% to £63/hour

    “The summer break has seen demand for
    permanent staff drop significantly whilst
    contractor demand remains relatively steady.
    With pay still on the rise, it remains to be seen if
    candidate demand will stabilise.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




      Legal

         All comments by                                                     Freezes in banking diminish legal roles
         Duncan Ward,
         Operations Director,                                                “With the recent uncertainty and general state of the economy, some of the
         Legal,                                                              major players within the banking & financial services industry have
         Badenoch & Clark                                                    implemented global hiring freezes. In-house legal roles within the industry
                                                                             have therefore been affected, with hiring focused on tactical staff
                                                                             replacement as opposed to strategic growth, and legal banking roles within
                                                                             private practice have also declined slightly.”

       Overall drop in both permanent
        and contract vacancies during                                        Property and construction remains prudent
        summer period                                                        “Whilst the property and construction industries are reportedly growing
                                                                             (notably construction firms with a presence in Eastern Europe, the Middle
                                                                             East & Africa), new roles within property and construction law are being slow
       In-house roles lifting slightly                                      to come to market. With continued market prudence, most organisations are
        with organisations keen to                                           currently focusing on recruiting replacement hires as opposed to actively
                                                                             expanding their in-house legal teams.”
        commit their full headcount
        budget for 2011
                                                                             Budget maximization boosts in house roles
       Hiring freezes within major                                          “As organisations focus on using up their full headcount budget for 2011 and
                                                                             potential expansion plans for 2012, we have seen a slight upturn in the
        financial organisations limit                                        number of in-house roles available. This is particularly notable for permanent
                                                                             roles, and the trend spans almost all sectors.”
        opportunities
       Public sector focus on                                               Public sector procurement requires specialists
        procurement creates demand
                                                                             “The expected upturn in procurement-related locums is now coming to the
        for specialist locums                                                fore. Initially it was anticipated that this area, with its strategic focus on
                                                                             savings, would experience an upturn as much as a year ago. However with
                                                                             initial cost savings focused on the more immediate, „quick win‟ cuts, such as
                                                                             head count and closures, procurement is now in the spotlight.”


                                                                             Evolving local authorities’ new constitution
                                                                             “As local authorities drastically change their structures, there has been an
                                                                             increase in focus on constitution and corporate governance work, with the
                                                                             constitution needing to be re-written to reflect this.”


                                                                             Local authority asset sales create new demand
                                                                             “In a bid to cut costs and balance the books, local authorities are increasingly
                                                                             resorting to selling off land and other property assets, such as care homes.
                                                                             The early signs suggest that this, in turn, is stretching legal property teams
                                                                             who have had their numbers cut in recent years, creating new appetite for
                                                                             property locums in an area of law that has been quiet for years.”


 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Marketing & Communications
       All comments by                                                       Demand still strong for online skills
       Sarah Wynn,
       Operations Director,                                                  “As marketing budgets continue to be pressured lower, demand remains high
       Marketing &
       Communications,                                                       for candidates with digital and on-line skills who can deliver demonstrable
       Badenoch & Clark                                                      ROI results. More and more businesses are looking for candidates to help
                                                                             them maximise the benefits of a coherent social media strategy.”



                                                                             Commercial acumen moves up the skills
 Drive for better social media                                              ranking
  strategy boosts digital demand                                             “All round commercial knowledge and an understanding of what makes a
                                                                             business tick remain sought-after skills for marketers. Hirers are continually
                                                                             on the look-out for candidates who not only understand brand values but also
 Marketers need to understand                                               how to drive effective sales strategies that create revenue streams and drive
                                                                             growth.”
  more than just brand value

 Hiring managers look to                                                    Industry cross-fertilisation brings business
  transferable skills                                                        benefits
                                                                             “We‟re seeing a small but growing trend in employers becoming more open to
                                                                             applicants from outside their specific industry sector. There‟s a deeper
     Communication & project skills                                         understanding of the benefits of cross-fertilisation of skills and experiences
      in demand                                                              that this approach can bring which is in line with candidates‟ aims to use their
                                                                             transferable skills and gain diverse industry experience.”



                                                                             Change and project communication are
                                                                             favoured skill sets
                                                                             “As organisations continue to face upheaval and constant economic
                                                                             challenges, those with the communication and project skills to carry out the
                                                                             change process effectively and keep employees appropriately briefed are
                                                                             more widely sought after.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




    NHS

       All comments by Duncan                                                      Project managers expected to be in
       Ward, Operations Director,                                                  demand in the South East
       NHS, Badenoch & Clark
                                                                                   “As strategies are finalised Acute Trusts in the South East are
                                                                                   beginning to implement system upgrades and implementations
                                                                                   around PAS and clinical systems. We expect to see demand for
                                                                                   project managers with strong system backgrounds to increase as a
            Acute Trust strategies to boost                                       result.”
             project manager demand
                                                                                   Demand for safeguarding, governance and
            Focus on risk & clinical
             governance driving demand                                             PALS professionals set to rise in Q4
             for PALS candidates                                                   “With greater focus on risk, clinical governance, patient safeguarding
                                                                                   and patient liaison planned we expect to see a need for
                                                                                   safeguarding, governance and PALS professionals over the coming
            Regional infrastructure                                               months.”
             projects feeds interim demand
                                                                                   Infrastructure projects boost demand
            Demand for re-designing and
                                                                                   “Infrastructure projects are on the rise across the midlands and the
             service improvement skill sets                                        north with temporary project management and support professionals
             rises.                                                                being sought while permanent employees work on other projects.”


                                                                                   Provider arm acquisitions driving demand
          Market data:                                                             “Organisations who have acquired various provider arms are now
                                                                                   looking at how to integrate them resulting in a demand for candidates
          Permanent                                                                with service re-designing and service improvement skills.”
             Permanent salaries up 0.28% MOM
             Permanent vacancies down 10.6% MOM to
              5,107
             Project manager salary up 0.04% MOM to
              £40,700

          Contract
             Contract pay up 0.28% MOM
             Contract vacancies down 15.4% MOM to
              438
             Pay rates flat across the board

          “The summer break has compounded the public
          sector cuts as demand for both permanent and
          contract staff dropped significantly. With pay still
          on the rise, it remains to be seen if candidate
          demand will stabilise.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Procurement & Supply Chain

  All comments by Duncan                                               Demand for middle management on the rise
  Ward, Operations Director,
  Procurement &                                                        “Companies have now made their strategic senior moves. They are now
  Supply Chain,                                                        looking at the next stage of middle-managers and we‟re seeing increased
  Badenoch & Clark                                                     levels of demand as a result.”


                                                                       Customer supply candidates in heavy demand
     Demand for middle                                                “Employers are placing ever more importance on customer supply skill sets.
      management on the rise.                                          We‟re seeing heavy demand for candidates with these skill sets as employers
                                                                       are increasingly viewing them as business critical.”

     Customer supply
      candidates in heavy
      demand.




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Public Sector – Housing, local
government & charity
    All comments by Katy                                               Housing
    Crowthall
    Operations Director,
    Housing, local
    government & charity,                                              Call for stock condition surveyors
    Badenoch & Clark
                                                                       “As the next round of property improvements plans is implemented there is a
                                                                       demand for employers for technical experts such as stock condition
                                                                       surveyors.”
      Stock condition surveyors and
       generic housing officers in
       demand.                                                         Rise in demand for generic housing officers
                                                                       “Employers call for generic housing officers to support the
      Increased need for consultants                                  management of the backlog of issues - it seems this is due to
                                                                       depleted front line staff trying to cover vacant positions.”
       and IT systems developers in
       local government.
                                                                       Local government
      Hiring strategy rethink in charities
       due to lack of qualified
                                                                       Munro review boosts consultant demand
       candidates
                                                                       “Following the recommendations of the Munro Review there is an increased
                                                                       demand for neutral/non biased external consultants to report on the state of
                                                                       front line Children‟s Services to Local Authorities across various boroughs.”




                                                                       Rationalisation drives IT system developer
    Market data:
                                                                       demand
                                                                       “As local authorities continue to rationalise their IT systems there is an
    Permanent                                                          increased need for interim IT system developers, particularly those that have
       Permanent salaries up 0.28% MOM                                operated with Oracle, Agresso and SAP”.
       Permanent vacancies down 10.6% MOM to
        5,107
       Leasehold officer and policy officer salaries
        up 0.96% MOM to £23,200 and £29,550                            Charity
        respectively

    Contract                                                           Continued demand for major donor fundraisers
       Contract pay up 0.28% MOM
       Contract vacancies down 15.4% MOM to                           “As statutory cuts bite we are seeing a real increase in the number of
        438                                                            vacancies for major donor fundraisers. With a lack of qualified candidates
       Pay rates flat across the board                                many organisations are rethinking their recruitment strategy in order to attract
                                                                       the best talent.”
    “The summer break has compounded the public
    sector cuts as demand for both permanent and
    contract staff dropped significantly. With pay still
    on the rise, it remains to be seen if candidate
    demand will stabilise.”


 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com
Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark




Scotland
                                                                       Accounting and Finance
 All comments by Kay
 Senior, Operations                                                    Continued demand for a flexible workforce
 Director, Scotland,
 Badenoch & Clark                                                      “As the banking world continues to face its challenges, demand for a flexible
                                                                       workforce also continues. The associated uplift in fixed term contracts compared
                                                                       to permanent roles requires candidates who are not only highly adaptable to fluid
                                                                       working environments, but also who bring sound accounting ability and strong
                                                                       stakeholder management skills with them.”
       Shortage of specialist
        regulatory candidates in                                       Banking and Financial services
        Scotland
                                                                       Specialist regulatory skills lacking in Scotland
       Inflated contractor rates                                      “As the FSA moves closer to a new model that will see its responsibilities divided
                                                                       between a number of new agencies and the Bank of England, associated
        under review                                                   regulatory risk and compliance positions across the industry are on the increase.
                                                                       Scotland is seeing a shortage of candidates as a result.”

       Renewed focus on
        commercial skills in public                                    Contractor rate correction and retention challenge
        sector                                                         “As the sector continues to struggle with spiraling restructure costs, inflated
                                                                       contractor rates are now being more closely scrutinised. Some organisations
                                                                       have already implemented rate freezes and reductions of up to 10% for long
                                                                       servers, with rate „corrections‟ becoming more widespread. With the risk that
                                                                       stronger candidates will look elsewhere for the best rates, it is more important
                                                                       than ever for organisations to ensure they have a robust contractor engagement
  Market data:                                                         strategy in place.”

       In accounting & finance roles, assistant
        accountant salaries saw the greatest rise of                   Public Sector
        1.38% MOM to £22,700.
       Banking & financial services‟ highest MOM                      Public sector seeks skilled professionals
        salary rises were for internal auditors, up
        0.95% to £41,000.                                              " With growing pressure on the public sector to deliver the same level of service
       HR salaries remain fairly static with HR                       with reduced budget, there is ever-growing demand for staff with specialist skills
        Managers seeing a rise of 0.94% to an                          such as change management and KPI reviewing, to ensure the sector becomes
        average of £37,500.                                            more efficient and cost effective for the future."
       In the public sector, the average salary for
        Support Workers continues to be the
        highest riser at 1.49% MOM to £17,360.

  “Whilst most average salaries have proved
  relatively static over the summer period, the vast
  majority show signs of slow but continued
  growth.”




 For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications
 T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com

Recruitment specialists for: Accounting & Finance, Banking & Financial Services,
Human Resources, IT, Legal, Marketing & Communications, Procurement &
Supply Chain, Project & Programme Management, Public Sector




www.badenochandclark.com

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Recruitment market analysis - By Industry

  • 1. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Professional talent spotlight – September 2011 Recruitment market commentary from Badenoch & Clark Contents: About Badenoch & Clark: Accounting & Finance Page 2 Badenoch & Clark is a leading Badenoch & Clark has offices throughout Banking & Financial Services Page 3 international recruitment consultancy the UK. Central Government Page 4 specialising in placing professionals into permanent, temporary, interim Using market intelligence form major job Human Resources Page 5 boards, data from all brands within the and contract roles. Information Technology Page 6 Adecco Group UK & Ireland, company Legal Page 7 The company specialises in recruiting websites, social networking sites, Marketing & Communications Page 8 for accounting & finance, banking & SalaryTrack, the market‟s leading earnings NHS Page 9 financial services, human resources, information service and Procurement & Supply Chain Page 10 IT, legal, marketing & communications, www.mysalarychecker.com we have Public Sector and not for profit Page 11 procurement & supply chain, project provided detailed salary trend information Scotland Page 12 & programme management and to back up our observations on the public sector roles. recruitment market. For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhpc.com or hannah.buckley@mhpc.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 2. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Accounting & Finance All comments by Nicola Linketer, Employer brands still at risk from slow Managing Director, Badenoch & Clark feedback “Companies‟ response speed and lack of feedback is continuing to send negative messages to candidates and damaging employer brands. Employers need to be aware that poor levels of recruitment response give rise to a less than positive profile in the marketplace which can affect their  Employer branding and ability to attract the best talent.” employee engagement key move up the agenda Battle of the sexes in the spotlight  Banking regulation & projects “The government has come one step closer to imposing quotas as gender equality still doesn‟t meet the desired levels set out in the Davies report. drive demand Companies are urged to redouble their efforts and put equality at the heart of their hiring policies with half of all new board appointees being women.” Market data: Employee engagement still high on corporate Permanent agendas  Vacancies fell by around 9% (MOM) in August/September. “The need to keep top talent engaged and motivated is still a major concern.  On average salaries are up around 0.1% MOM. Despite the choppy nature of the economy, businesses need to ensure that  Finance manager salaries rose 0.43% MOM to they recruit smart and retain key talent to provide leadership and drive growth £62,700 and finance business partner salaries when markets improve.” rose 0.37% to £55,500.  Auditor pay in London was up 0.61% to £52,400 and management accountant pay in the East Continued demand for taxation and governance Midlands rose 1.0% to £31,400. Accounts assistant pay rose MOM across the east of experts England (0.68% to £25,200), Yorkshire & “In light of the legislative change and the government‟s new banking Humberside (1.26% to £22,100), the North West regulation proposals, the market continues to seek out auditors who can keep (1.2% to £22,200), Scotland (1.38% to £22,700) companies within the prescribed framework and reduce the cost of doing and Wales (1.68% to £23,800). business.” Contract  MOM vacancies fell 13.22% to 2,139 in August/September Rise in project-related vacancies  In line with the decrease in reported vacancies contract rates held more or less steady (0% “As budget pressure persists, we‟re seeing an increase in project-related MOM). roles as companies divide up their target deliverables into discreet project  Finance project manager contract pay rose specifications.” 0.1% to £50/hour and auditor pay rose 0.08% to £25/hour. “Market volatility and the summer break have clearly reduced the demand for permanent accounting and finance staff. We expect this to pick up as stability returns.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 3. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Banking & Financial Services All comments by Kay Evolving regulation fuels candidate demand Senior, Operations Director, Banking & “As the regulatory environment continues to evolve, we‟re seeing high levels Financial Services, of demand across all compliance specialisms, notably in monitoring where Badenoch & Clark clients are seeking internal audit skills. However, compliance professionals are cautious about moving due to volatility within the market, leading to a shortage of quality candidates.”  Compliance professionals still in demand A demand / supply paradox in asset  Hiring freezes within major management operations organisations reduce “With a significant number of in-house asset management operations being outsourced to larger third-party administrators, resulting redundancies have opportunities led to an increased pool of operations candidates. However, demand still exists for more highly skilled ops candidates who are degree educated /  Demand for interims with a industry-qualified, allowing those with the relevant qualifications to stand out more easily from the crowd.” commercial mindset Transformation projects favouring contractors “With a focus on increased regulation, systems development and cost & process efficiencies, major finance transformation projects are currently taking place in most banks and financial institutions. During this time of flux, fixed term contracts are being favoured in place of permanent headcount, and successful candidates are being required to demonstrate strong levels of commerciality and technical knowledge.” Market data: Permanent Project-based roles to focus on creation of  Permanent salaries up 0.48% MOM ‘living wills’  Permanent vacancies down 15.9% MOM to 10,612 “The onus is now on banks to enhance their contingency planning and have a  Change Manager and Internal Auditor clear plan for their orderly wind-up should they face bankruptcy. This has led salaries up 0.5% (to £57,000) & 0.49% (to to an increased appetite for project-based roles to help scope out „living wills‟ £46,000) respectively for major organisations, to prevent a repeat of Lehman Brothers.” Contract  Contract salaries up 0.23% MOM  Contract vacancies down 12.6% MOM to 485 “With the summer months and market volatility, several major financial organisations have implemented hiring freezes resulting in an inevitable slow down in vacancy numbers across the board. Once markets settle we expect hiring to recommence.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 4. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Central Government All comments by Pay drops on rate card introduction Matt Gascoigne, Operations Director, “With the government under pressure to control costs there is pressure to Public Sector stick to rate card pay scales. As a result candidates need to accept working Badenoch & Clark to rate cards if they are to work in government.” Project management and contract roles in  Cost control sees introduction demand of rate cards “With voluntary redundancies aplenty the government is considering how to up-skill its people and improve capability to cover skills gaps. While the  Government turns to government looks at the wider training and professionalism agenda of civil contractors and project servants going forward roles are being filled with project managers and contractors.” managers to fill vacancies  Technical candidates in Difficult to fill technical roles driving demand demand “Despite the recruitment freezes and grading structures in place there is a requirement to fill the more difficult technical roles. A direct result is that architecture, testing and IA contractors are needed”. Market data: Permanent  Permanent salaries up 0.28% MOM  Permanent vacancies down 10.6% MOM to 5,107  Leasehold officer and policy officer salaries up 0.96% MOM to £23,200 and £29,550 respectively Contract  Contract salaries up 0.28% MOM  Contract vacancies down 15.4% MOM to 438  Pay rates flat across the board “The summer break has compounded the public sector cuts as demand for both permanent and contract staff dropped significantly. Whilst pay is still on the rise we expect to see it drop next month due to the introduction of rate cards.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 5. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Human Resources All comments by Sarah Wynn, Lift in HR interim roles to support overstretched Operations Director, teams HR, Badenoch & Clark “With many HR teams being rationalised over the past year, resources have been over-stretched for some time. Whilst organisations have recognised the need to mitigate this in order to retain key employees, they are now ramping up their hiring of interim consultants to help alleviate excessive workloads.”  Drawn-out recruitment HR Managers to HR Business Partners processes in search of the very “With „commercial focus‟ understandably now on most employers‟ wish-lists, best talent organisations are moving toward roles that directly engage with the wider business to ensure a commercial mindset throughout. Business Partner roles  Uplift in interims to relieve have seen a recent uplift in popularity, in favour of HR Manager titles that are perhaps perceived to be heavier on administration and less reflective of a overstretched teams progressive HR function.”  Requirement for commercial focus creates demand for Doom and gloom leads to great expectations business partners “A combination of the summer months‟ disruptions and ongoing negative press about economic conditions has resulted in drawn-out recruitment processes, with employers increasingly particular about the calibre of Market data: candidate they will take on. Current expectations are such that an external hire must almost be of higher calibre than the existing team or predecessor, Permanent rather than like for like, with the trend particularly true of blue chips hiring for  Permanent salaries up 0.9% MOM mid-level roles”  Permanent vacancies down 10.13% MOM to 1,863  Head of Recruitment sees the largest Oil & gas sectors ramp up resourcing teams average salary uplift at 3.36% YOY to £57,000 “With major new contracts being won in international markets and the  Hiring freezes within banking & financial continuing boom in commodities fuelled by emerging markets, large and mid cap organisations are increasing their recruitment drives whilst continuing to Contract focus on retaining their best talent.”  Contract salaries up 0.03% MOM  Contract vacancies down 5.32% MOM to 281 Rise of HR team leaders for service centres “Over the summer months and against a “With the continual drive for cost efficiencies, shared service processing backdrop of continued uncertainty in the centres for high-volume work are becoming increasingly popular. This is markets, we have seen an inevitable drop in creating increased demand for strong people managers to lead large teams both permanent and contract vacancies but we of HR administrators, who focus anything from on/off boarding to the full expect this to pick up in Q4.” recruitment lifecycle.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 6. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Information Technology All comments by Public Sector Matt Gascoigne, Operations Director, IT Badenoch & Clark Difficult to fill technical roles driving demand “Despite the recruitment freezes and grading structures in place there is a requirement to fill the more difficult technical roles. A direct result is that architecture, testing and IA contractors are needed.”  Technical candidates in demand  Finance sector needs 3rd line support Private Sector  Calling all IT contractors 3rd line support in demand in finance sector “The finance sector continues to recruit heavily with a demand for 3rd line support with „all round‟ skill sets, particularly those with a good grasp of networking, Wintel and Virtualisation knowledge.” Market data: Calling all IT contractors “As the market tries to manage their financial outlay in response to the Permanent economic environment they are looking to IT contractors for support.”  Permanent salaries up 0.09% MOM  Permanent vacancies down 9.81% MOM to 13,973  .Net salary up 0.11% MOM to £39,300 Contract  Contract pay up 1.15% MOM  Contract vacancies down 0.18% MOM to 6,022  IT Directors‟ pay up 3.8% MOM to £96/hour and SAP pay up 2.43% to £63/hour “The summer break has seen demand for permanent staff drop significantly whilst contractor demand remains relatively steady. With pay still on the rise, it remains to be seen if candidate demand will stabilise.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 7. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Legal All comments by Freezes in banking diminish legal roles Duncan Ward, Operations Director, “With the recent uncertainty and general state of the economy, some of the Legal, major players within the banking & financial services industry have Badenoch & Clark implemented global hiring freezes. In-house legal roles within the industry have therefore been affected, with hiring focused on tactical staff replacement as opposed to strategic growth, and legal banking roles within private practice have also declined slightly.”  Overall drop in both permanent and contract vacancies during Property and construction remains prudent summer period “Whilst the property and construction industries are reportedly growing (notably construction firms with a presence in Eastern Europe, the Middle East & Africa), new roles within property and construction law are being slow  In-house roles lifting slightly to come to market. With continued market prudence, most organisations are with organisations keen to currently focusing on recruiting replacement hires as opposed to actively expanding their in-house legal teams.” commit their full headcount budget for 2011 Budget maximization boosts in house roles  Hiring freezes within major “As organisations focus on using up their full headcount budget for 2011 and potential expansion plans for 2012, we have seen a slight upturn in the financial organisations limit number of in-house roles available. This is particularly notable for permanent roles, and the trend spans almost all sectors.” opportunities  Public sector focus on Public sector procurement requires specialists procurement creates demand “The expected upturn in procurement-related locums is now coming to the for specialist locums fore. Initially it was anticipated that this area, with its strategic focus on savings, would experience an upturn as much as a year ago. However with initial cost savings focused on the more immediate, „quick win‟ cuts, such as head count and closures, procurement is now in the spotlight.” Evolving local authorities’ new constitution “As local authorities drastically change their structures, there has been an increase in focus on constitution and corporate governance work, with the constitution needing to be re-written to reflect this.” Local authority asset sales create new demand “In a bid to cut costs and balance the books, local authorities are increasingly resorting to selling off land and other property assets, such as care homes. The early signs suggest that this, in turn, is stretching legal property teams who have had their numbers cut in recent years, creating new appetite for property locums in an area of law that has been quiet for years.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 8. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Marketing & Communications All comments by Demand still strong for online skills Sarah Wynn, Operations Director, “As marketing budgets continue to be pressured lower, demand remains high Marketing & Communications, for candidates with digital and on-line skills who can deliver demonstrable Badenoch & Clark ROI results. More and more businesses are looking for candidates to help them maximise the benefits of a coherent social media strategy.” Commercial acumen moves up the skills  Drive for better social media ranking strategy boosts digital demand “All round commercial knowledge and an understanding of what makes a business tick remain sought-after skills for marketers. Hirers are continually on the look-out for candidates who not only understand brand values but also  Marketers need to understand how to drive effective sales strategies that create revenue streams and drive growth.” more than just brand value  Hiring managers look to Industry cross-fertilisation brings business transferable skills benefits “We‟re seeing a small but growing trend in employers becoming more open to applicants from outside their specific industry sector. There‟s a deeper  Communication & project skills understanding of the benefits of cross-fertilisation of skills and experiences in demand that this approach can bring which is in line with candidates‟ aims to use their transferable skills and gain diverse industry experience.” Change and project communication are favoured skill sets “As organisations continue to face upheaval and constant economic challenges, those with the communication and project skills to carry out the change process effectively and keep employees appropriately briefed are more widely sought after.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 9. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark NHS All comments by Duncan Project managers expected to be in Ward, Operations Director, demand in the South East NHS, Badenoch & Clark “As strategies are finalised Acute Trusts in the South East are beginning to implement system upgrades and implementations around PAS and clinical systems. We expect to see demand for project managers with strong system backgrounds to increase as a  Acute Trust strategies to boost result.” project manager demand Demand for safeguarding, governance and  Focus on risk & clinical governance driving demand PALS professionals set to rise in Q4 for PALS candidates “With greater focus on risk, clinical governance, patient safeguarding and patient liaison planned we expect to see a need for safeguarding, governance and PALS professionals over the coming  Regional infrastructure months.” projects feeds interim demand Infrastructure projects boost demand  Demand for re-designing and “Infrastructure projects are on the rise across the midlands and the service improvement skill sets north with temporary project management and support professionals rises. being sought while permanent employees work on other projects.” Provider arm acquisitions driving demand Market data: “Organisations who have acquired various provider arms are now looking at how to integrate them resulting in a demand for candidates Permanent with service re-designing and service improvement skills.”  Permanent salaries up 0.28% MOM  Permanent vacancies down 10.6% MOM to 5,107  Project manager salary up 0.04% MOM to £40,700 Contract  Contract pay up 0.28% MOM  Contract vacancies down 15.4% MOM to 438  Pay rates flat across the board “The summer break has compounded the public sector cuts as demand for both permanent and contract staff dropped significantly. With pay still on the rise, it remains to be seen if candidate demand will stabilise.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 10. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Procurement & Supply Chain All comments by Duncan Demand for middle management on the rise Ward, Operations Director, Procurement & “Companies have now made their strategic senior moves. They are now Supply Chain, looking at the next stage of middle-managers and we‟re seeing increased Badenoch & Clark levels of demand as a result.” Customer supply candidates in heavy demand  Demand for middle “Employers are placing ever more importance on customer supply skill sets. management on the rise. We‟re seeing heavy demand for candidates with these skill sets as employers are increasingly viewing them as business critical.”  Customer supply candidates in heavy demand. For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 11. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Public Sector – Housing, local government & charity All comments by Katy Housing Crowthall Operations Director, Housing, local government & charity, Call for stock condition surveyors Badenoch & Clark “As the next round of property improvements plans is implemented there is a demand for employers for technical experts such as stock condition surveyors.”  Stock condition surveyors and generic housing officers in demand. Rise in demand for generic housing officers “Employers call for generic housing officers to support the  Increased need for consultants management of the backlog of issues - it seems this is due to depleted front line staff trying to cover vacant positions.” and IT systems developers in local government. Local government  Hiring strategy rethink in charities due to lack of qualified Munro review boosts consultant demand candidates “Following the recommendations of the Munro Review there is an increased demand for neutral/non biased external consultants to report on the state of front line Children‟s Services to Local Authorities across various boroughs.” Rationalisation drives IT system developer Market data: demand “As local authorities continue to rationalise their IT systems there is an Permanent increased need for interim IT system developers, particularly those that have  Permanent salaries up 0.28% MOM operated with Oracle, Agresso and SAP”.  Permanent vacancies down 10.6% MOM to 5,107  Leasehold officer and policy officer salaries up 0.96% MOM to £23,200 and £29,550 Charity respectively Contract Continued demand for major donor fundraisers  Contract pay up 0.28% MOM  Contract vacancies down 15.4% MOM to “As statutory cuts bite we are seeing a real increase in the number of 438 vacancies for major donor fundraisers. With a lack of qualified candidates  Pay rates flat across the board many organisations are rethinking their recruitment strategy in order to attract the best talent.” “The summer break has compounded the public sector cuts as demand for both permanent and contract staff dropped significantly. With pay still on the rise, it remains to be seen if candidate demand will stabilise.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com
  • 12. Professional talent spotlight – September 2011 / Recruitment market commentary from Badenoch & Clark Scotland Accounting and Finance All comments by Kay Senior, Operations Continued demand for a flexible workforce Director, Scotland, Badenoch & Clark “As the banking world continues to face its challenges, demand for a flexible workforce also continues. The associated uplift in fixed term contracts compared to permanent roles requires candidates who are not only highly adaptable to fluid working environments, but also who bring sound accounting ability and strong stakeholder management skills with them.”  Shortage of specialist regulatory candidates in Banking and Financial services Scotland Specialist regulatory skills lacking in Scotland  Inflated contractor rates “As the FSA moves closer to a new model that will see its responsibilities divided between a number of new agencies and the Bank of England, associated under review regulatory risk and compliance positions across the industry are on the increase. Scotland is seeing a shortage of candidates as a result.”  Renewed focus on commercial skills in public Contractor rate correction and retention challenge sector “As the sector continues to struggle with spiraling restructure costs, inflated contractor rates are now being more closely scrutinised. Some organisations have already implemented rate freezes and reductions of up to 10% for long servers, with rate „corrections‟ becoming more widespread. With the risk that stronger candidates will look elsewhere for the best rates, it is more important than ever for organisations to ensure they have a robust contractor engagement Market data: strategy in place.”  In accounting & finance roles, assistant accountant salaries saw the greatest rise of Public Sector 1.38% MOM to £22,700.  Banking & financial services‟ highest MOM Public sector seeks skilled professionals salary rises were for internal auditors, up 0.95% to £41,000. " With growing pressure on the public sector to deliver the same level of service  HR salaries remain fairly static with HR with reduced budget, there is ever-growing demand for staff with specialist skills Managers seeing a rise of 0.94% to an such as change management and KPI reviewing, to ensure the sector becomes average of £37,500. more efficient and cost effective for the future."  In the public sector, the average salary for Support Workers continues to be the highest riser at 1.49% MOM to £17,360. “Whilst most average salaries have proved relatively static over the summer period, the vast majority show signs of slow but continued growth.” For more information, please contact: Daniel Rolle or Hannah Buckley at MHP Communications T: 020 3128 8116 / F: 020 3128 8171 / E: daniel.rolle@mhp.com or hannah.buckley@mhp.com Recruitment specialists for: Accounting & Finance, Banking & Financial Services, Human Resources, IT, Legal, Marketing & Communications, Procurement & Supply Chain, Project & Programme Management, Public Sector www.badenochandclark.com