Vacancysoft was proud to be, for the second year, the headline sponsor and co-host of the Global Recruiter UK Summit 2017, which was held in London at the beginning of this month. The summit offered the chance to gain a unique insight into the present and future of best practices for recruitment. It brought together industry experts and peers from across the UK and Europe for what has rapidly become regarded as a ‘can’t miss’ event.
One of the widely acknowledged highlights of the summit was a presentation given by the CEO of Vacancysoft, James Chaplin, who spoke on the topic of adapting to change. Read more: https://goo.gl/2UBXrU
As a nation, the UK has a tendancy to embrace the latest tech trends, which permeate into all aspects of our personal and professional lives. The UK tech industry creates employment for over 1.2 million people, however skills shortages are affecting the sector in a similar way to its counterparts in the US and Asia.
In this whitepaper, we take a look at the state of play for the UK Tech industry as we reach this year's midway point. The paper highlights the key trends which all suggest that the UK is seeing a resurgence in growth as one of the most technologically advanced nations in the world.
Résultats de la 19 ème enquête mondiale sur les tendances de l'emploi réalisée auprès des clients du réseau de Cabinets de Recrutements Antal International
As a nation, the UK has a tendancy to embrace the latest tech trends, which permeate into all aspects of our personal and professional lives. The UK tech industry creates employment for over 1.2 million people, however skills shortages are affecting the sector in a similar way to its counterparts in the US and Asia.
In this whitepaper, we take a look at the state of play for the UK Tech industry as we reach this year's midway point. The paper highlights the key trends which all suggest that the UK is seeing a resurgence in growth as one of the most technologically advanced nations in the world.
Résultats de la 19 ème enquête mondiale sur les tendances de l'emploi réalisée auprès des clients du réseau de Cabinets de Recrutements Antal International
Machine Learning is the new buzz word and AI is the slang word these days. What does happen in this exiting field in Europe? Is AI common ground for all businesses or the exclusive territory for a few? Who has managed to validate a business model for autonomous vehicles or chatbots? What does data-driven or API-first business models look like?
WHAT IS THE COX AUTOMOTIVE INSIGHT REPORT?
How will the new and used car markets perform during the rest of this year? What will become the future fuel of choice? What are the barriers as we drive towards Mobility as a Service (MaaS)?
In this first annual Insight Report from Cox Automotive and Grant Thornton, we go beyond the headlines to provide our view on the future of our market, and what it means for us all.
O cenário global dos mercados de trabalho estão em mudança, entre empregos de baixa habilidade, desemprego, subemprego e rendimentos estagnados e de outro lado a crescente necessidade de novos talentos, novos conhecimentos e a habilidade mais requerida o aprender-a-aprender.
Entendendo os sinais - Um exercício sobre o futuro propõem uma reflexão sobre as novas oportunidades que novas tecnologias trazem para uma nova era.
Carlos Cruz, IT Strategy and Innovation Director For Financial Services & Startup Mentor.
Startup Capital Ventures Venture Capital Climate for Q3 2010 shows an imbalance between inflows and investments despite an excellent IPO and M&A environment and strong VC returns.
Canada already had a vibrant technology sector
Moving ideas from incubation to market takes time and moneys
Trudeau’s has increase taxes (hikes to CPP – 2019 or Carbon Taxation or elimination of tax credits - https://www.slideshare.net/paulyoungcga/middle-class-canada-february-2018
It will take a balance of policies to support economic. It is not one policy that drives the economy. The Liberals see to focus on increase taxes and giving handouts.
CPC in the past supported wide range of policy changes to support business investment - http://mb.cme-mec.ca/?lid=YXN82-W3NF7-IC132&comaction=show&cid=3CWP8-FKASM-JYNFE
Start-up losses are mounting and innovation is slowing, but venture capitalists, entrepreneurs, consultants, university researchers, and business schools are hyping new technologies more than ever before. This hype is facilitated by changes in online media, including the rise of social media. This paper describes how the professional incentives of experts and the changes in online media have increased hype and how this hype makes it harder for policy makers, managers, scientists, engineers, professors, and students to understand new technologies and make good decisions. We need less hype and more level-headed economic analysis and this paper describes how this economic analysis can be done. Here is a link to the journal, Issues in Science & Technology: www.issues.org
Global Technology Trends & Top Ten Startup Hubs 2016Bernard Moon
Update report that provides an overview of general technology trends, global venture capital trends, and startup trends around the world. Snapshots of the top 10 startup hubs in the world: Silicon Valley, NYC, London, Stockholm, Berlin, Tel Aviv, Beijing, Seoul, Boston, and Los Angeles.
In a global first, new analysis, based on open-government and LinkedIn data-sets, reveals how companies led by women grow, perform and rank, identifying the fastest-growing and most dynamic women-led businesses across the UK.
Where are the Next Googles and Amazons? They should be here by nowJeffrey Funk
Great startups aren’t being founded like they were in the 1970s (Microsoft, Apple, Oracle, Genentech, Home Depot, EMC), 1980s (Cisco, Dell, Adobe, Qualcomm, Amgen, Gilead Sciences), and 1990s (Amazon, Google, Netflix, Salesforce.com, PayPal). All of these startups reached the top 100 for market capitalization, but Facebook is the only startup founded since 2000 which has entered the top 100. Tesla and Uber are often discussed as highly successful but they have many times higher cumulative losses than did Amazon at its time of peak losses and neither has had a profitable year despite being older than Amazon was when it achieved profits. Furthermore, few of the recent Unicorn IPOs have experienced shareprice increases greater than those of the Nasdaq (14 of 45), only 3 of these 14 have profits, and only six of them have a
market capitalization over $30 (Zoom), $20 (Square), and $10 billion (Twilio, DocuSign, Okta). America’s venture capital system isn’t working as well as it once did, and the coronavirus will make things worse before the VC system gets better.
The Columbus metro continued its steady expansion by recently adding 15,200 payrolls, year-over-year, bringing total non-farm employment to 1.02 million. Meanwhile, unemployment fell 60 basis points year-over-year to 3.8 percent.
Machine Learning is the new buzz word and AI is the slang word these days. What does happen in this exiting field in Europe? Is AI common ground for all businesses or the exclusive territory for a few? Who has managed to validate a business model for autonomous vehicles or chatbots? What does data-driven or API-first business models look like?
WHAT IS THE COX AUTOMOTIVE INSIGHT REPORT?
How will the new and used car markets perform during the rest of this year? What will become the future fuel of choice? What are the barriers as we drive towards Mobility as a Service (MaaS)?
In this first annual Insight Report from Cox Automotive and Grant Thornton, we go beyond the headlines to provide our view on the future of our market, and what it means for us all.
O cenário global dos mercados de trabalho estão em mudança, entre empregos de baixa habilidade, desemprego, subemprego e rendimentos estagnados e de outro lado a crescente necessidade de novos talentos, novos conhecimentos e a habilidade mais requerida o aprender-a-aprender.
Entendendo os sinais - Um exercício sobre o futuro propõem uma reflexão sobre as novas oportunidades que novas tecnologias trazem para uma nova era.
Carlos Cruz, IT Strategy and Innovation Director For Financial Services & Startup Mentor.
Startup Capital Ventures Venture Capital Climate for Q3 2010 shows an imbalance between inflows and investments despite an excellent IPO and M&A environment and strong VC returns.
Canada already had a vibrant technology sector
Moving ideas from incubation to market takes time and moneys
Trudeau’s has increase taxes (hikes to CPP – 2019 or Carbon Taxation or elimination of tax credits - https://www.slideshare.net/paulyoungcga/middle-class-canada-february-2018
It will take a balance of policies to support economic. It is not one policy that drives the economy. The Liberals see to focus on increase taxes and giving handouts.
CPC in the past supported wide range of policy changes to support business investment - http://mb.cme-mec.ca/?lid=YXN82-W3NF7-IC132&comaction=show&cid=3CWP8-FKASM-JYNFE
Start-up losses are mounting and innovation is slowing, but venture capitalists, entrepreneurs, consultants, university researchers, and business schools are hyping new technologies more than ever before. This hype is facilitated by changes in online media, including the rise of social media. This paper describes how the professional incentives of experts and the changes in online media have increased hype and how this hype makes it harder for policy makers, managers, scientists, engineers, professors, and students to understand new technologies and make good decisions. We need less hype and more level-headed economic analysis and this paper describes how this economic analysis can be done. Here is a link to the journal, Issues in Science & Technology: www.issues.org
Global Technology Trends & Top Ten Startup Hubs 2016Bernard Moon
Update report that provides an overview of general technology trends, global venture capital trends, and startup trends around the world. Snapshots of the top 10 startup hubs in the world: Silicon Valley, NYC, London, Stockholm, Berlin, Tel Aviv, Beijing, Seoul, Boston, and Los Angeles.
In a global first, new analysis, based on open-government and LinkedIn data-sets, reveals how companies led by women grow, perform and rank, identifying the fastest-growing and most dynamic women-led businesses across the UK.
Where are the Next Googles and Amazons? They should be here by nowJeffrey Funk
Great startups aren’t being founded like they were in the 1970s (Microsoft, Apple, Oracle, Genentech, Home Depot, EMC), 1980s (Cisco, Dell, Adobe, Qualcomm, Amgen, Gilead Sciences), and 1990s (Amazon, Google, Netflix, Salesforce.com, PayPal). All of these startups reached the top 100 for market capitalization, but Facebook is the only startup founded since 2000 which has entered the top 100. Tesla and Uber are often discussed as highly successful but they have many times higher cumulative losses than did Amazon at its time of peak losses and neither has had a profitable year despite being older than Amazon was when it achieved profits. Furthermore, few of the recent Unicorn IPOs have experienced shareprice increases greater than those of the Nasdaq (14 of 45), only 3 of these 14 have profits, and only six of them have a
market capitalization over $30 (Zoom), $20 (Square), and $10 billion (Twilio, DocuSign, Okta). America’s venture capital system isn’t working as well as it once did, and the coronavirus will make things worse before the VC system gets better.
The Columbus metro continued its steady expansion by recently adding 15,200 payrolls, year-over-year, bringing total non-farm employment to 1.02 million. Meanwhile, unemployment fell 60 basis points year-over-year to 3.8 percent.
Office employment sectors contracted over the last year, recording an annualized net loss of 600 jobs. Professional and business services was the only office-using supersector to post employment gains, adding 2,200 jobs, year-over-year
JLL Columbus Office Employment Update May 2015Andrew Batson
Office employment sectors contracted over the last year, recording an annualized net loss of 600 jobs. Professional and business services was the only office-using supersector to post employment gains, adding 2,200 jobs year-over-year
What's happening to London Compliance jobs in 2018?Morgan McKinley
Learn about the Compliance jobs market in London, find out the views of European Head of a leading Compliance Certification Association and get advice from a specialist Compliance recruitment consultant.
What Employers Want: The Future Recruitment AgencyTALiNT Partners
Nick Holmes, CEO, TheJobPost
A look at the changing recruitment agency landscape, focussing on the employer/recruitment agency relationship
How it’s changing
What the future recruitment agency looks like from an employer perspective
LLORENTE & CUENCA se posiciona entre los líderes mundiales de la comunicaciónLLYC
PR Week ha publicado el Global Agency Business Report 2016, un informe de inteligencia sobre el sector de la comunicación en el que analiza la información facilitada por más de 300 firmas de PR líderes a nivel mundial, procedentes de siete regiones (EE. UU., Reino Unido, Asia-Pacífico, las Américas, Oriente Medio y Europa Continental).
El desarrollo internacional de LLORENTE & CUENCA, con oficinas en Estados Unidos, América Latina y España, ha llevado la Firma a ocupar el puesto 53 del ranking global por ingresos. Por número de empleados, ocupa el puesto 27, a nivel global, con un total de 482 empleados en el momento de elaboración del ranking. Además, ocupa el puesto 19 en Europa y la posición 7 en América.
More than 100 Ecommerce managers from leading brands in the UK took part in the Bearing Partnership Digital Industry Confidence Report 2009 online survey during the spring of 2009. Between them, respondents manage £7.3 billion of Ecommerce revenue, more than 10 per cent of all UK ecommerce sales in 2008. This report looks at how the Head of Ecommerce felt they performed in 2008 as well as their predictions for 2009 with regards to remuneration, performance, and their confidence levels moving forward.
This report analyzes the Q1 2016 earnings and market updates of major tech services firms in healthcare. Th report highlights client wins, M & A, leadership changes ans strategic initiatives
2. vacancysoft.com
Contents
About Us
Where Is the Change? Contact Us
Who We Are
About Me
About Our Data
Who We Work With
Post Referendum
Millenials
Rise of AI
How Is This Manifesting?
Growth of Recruitment
Transformation Within White-Collar Sectors
Where Are the Hotspots
What Are the Implications for
Recruiters?
Employee Engagement
Regulatory Change
Data Driven Decision Making
vacancysoft.com
4. vacancysoft.comvacancysoft.com
Who We Are
Est. in 2006, we publish data and market intelligence for the recruitment industry
and have more than forty of the largest fifty global recruiters as subscribers.
For Recruiters, we monitor company websites for change, identify vacancies
as they are posted and quality control links so as to produce high grade data.
Clients then receive daily emails containing the latest jobs relevant to them,
along with having access to our unique database.
We also then publish weekly newsletters containing the latest market trends,
which feature the reports we co-produce with leading organisations in the sector.
6. vacancysoft.com
About Me
James Chaplin
CEO
Graduate of Manchester University, BA in Economics.
Prior to Vacancysoft worked in the Publishing industry,
for a leading B2B title, managing the department selling
to recruiters.
Founded Vacancysoft in 2006 in London initially as a lead
generation / account management tool.
Moved to Warsaw in 2011 to enable operational expansion,
now have a team of 20+ full time people there, with over
four consecutive years of 50%+ growth.
7. vacancysoft.com
Our Data
Businesses
1. Total turnover figures exclude Selection K (financial and insurance activities)
where turnover is not available on a comparable basis
All businesses
SMEs
Small businesses
With no employees
All employers of which:
1-9 employees
10-49 employees
50-249 employees
250 or more employees
5 389 450
5 382 485
5 349 930
4 077 590
1 311 860
1 068 815
203 525
32 555
6 965
25 871
15 611
12 428
4 451
21 420
4 010
3 967
3 183
10 260
3 710 278
1 753 870
1 215 873
237 190
3 473 088
435 624
543 058
537 997
1 956 408
1Employment Turnover
Thousands £ millions
(0-49 employees)
(0-249 employees)
There are approximately 40,000
companies with a head count of
50 people or more.
There are more than 1,200 global
multi-nationals with HC +5000 in
the UK.
Overall these companies account
for 65% of all employees.
9. Post Referendum
The immediate change has been
increased uncertainty, acting
as a dampener on investment.
Multi-national vacancy volumes
are flat, growth in SMEs.
Regions out-pacing London;
however, regionalisation was
taking place pre-referendum.
2015 2016
VV PER Q MNE VV PER Q as %
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
66 %
64 %
62 %
60 %
58 %
35000
30000
25000
20000
15000
10000
5000
40000
45000
68 %
70 %
vacancysoft.com
10. vacancysoft.com
Millenials
According to a 2016 BNP Paribas report,
Millenials are the most entrepreneurial
generation yet.
Don’t work for a paycheck, work for
a purpose.
Its not just about job satisfaction,
its about development.
Their career is no longer defined by their
job, it’s their life.
To better understand the pysche of
millenials read the “four hour week.”
11. vacancysoft.com
The Rise of AI
‘A study by Deloitte has suggested that technology is already leading to job losses
in the UK legal sector, and some 114, ooo jobs could be automated within 20 years.’
Japanese company replaces office
workers within artificial intelligence
Insurance firm Fukoku Mutual Life Insurance is making 34 employees redundant and replacing
them with IBM’s Watson Explorer AI
‘The downsizing of the bank workforce is about to accelerate as more technology
takes over jobshumans used to od, according to a new Citigroup report. Another
30 % of bank jobs could be lost between 2015 and 2025, mainly due to retail banking
autmation, Citi warned.’
Banks’ AI plans threaten thousands of jobs
Automated compliance systems set to wipe out post-crisis regulatory roles.
AI & Automation will change white collar employment.
In Law, due diligence is becoming automatable, making junior lawyers redundant.
In Insurance, Underwriting is now becoming replaceable.
In Banking, FinTech is taking hold resulting in jobs being reduced.
13. vacancysoft.com
Growth of Recruitment
As more countries advance
their economies, the requirement
for professional recruitment is
increasing, with China now the
largest market, meaning
recruiters have new international
opportunities.
In the UK, new recruitment
firms are forming, under 200
medium / large recruiters with
£10m+ turnover, but more than
20,000 recruiters overall now,
with 5,000 forming in 2016 alone.
Internal recruitment on the rise.
2015
250
200
100
50
150
300
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2016
14. vacancysoft.com
Tech sector the fastest growing.
Tech roles are increasing in volume and as a proportion within businesses.
Line blurring: where does tech start and end?
Transformation within White-Collar Sectors
2015 2016
TMT IT %
JAN MAR MAY JUL JAN MAR MAY JULSEP SEPNOV NOV
2500
2000
1000
500
20 %
15 %
10 %
5 %
25 %
30 %
1500
3000
3500
4000
4500
5000
15. vacancysoft.com
Where are the Hotspots
SME vacancy growth is
outpacing medium to
large businesses.
Whilst London is flat
outside of tech, government
injections are resulting
in new regional hubs
emerging.
Should every recruitment
firm now have an IT desk?
East Midlands
Northern Ireland
10 % 50 %30 %
East of England
Greater London
North East England
North West England
South East England
South West England
Wales
West Midlands
Yorkshire and the Humber
40 %20 %0 %
2015 2016
18. vacancysoft.com
Regulatory Change
Other than Brexit, over the next few years the following regulations
will take effect:
Mifid II
Tax Digitisation
Auto enrollment
Potential changes are likely to emerge in:
Employment law
Corporate Tax
Environmental law
As regulations change, opportunities emerge.
19. vacancysoft.com
Data Driven Decision Making
Identify changes in key clients
faster.
Ensure consultants are focused
on the fastest growing areas.
Map market activity to internal
performance.
Optimise advertising spend.
Build brands.
Use data to: A recent Bain & Company study, however,
should put the question to rest. Early
adopters of Big Data analytics have gained
a significant lead over the rest of the
corporate world. Examining more than 400
large companies, we found that those with
the most advanced analytics capabilities are
outperforming competitors by wide margins.
The leaders are:
- Twice as likely to be in the top quartile of
financial performance within their industries
- Five times as likely to make decisions much
faster than market peers
- Three times as likely to execute decisions as
intended
- Twice as likely to use data very frequently
when making decisions
Source: Bain & Company
Big Data: The organizational challenge
20. vacancysoft.com
Contact Us
Vacancysoft LLP is a limited liability partnership.
Registered in England and Wales.
Partnership no. OC327354.
support@vacancysoft.com
vacancysoft.com
Vicarage House
58-60 Kensington Church St
London W8 4DB
+44 20 7193 6850