SJD Accountancy

Significant growth in contractor pay and job opportunities

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The latest REC/KPMG Report on Jobs has revealed great news for contractors, as temp billings have shown the strongest rise for seven months.

The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs, found that both contractor and permanent staff placements have seen a significant increase, with a sharper rise in demand for both sectors.

According to the findings, temporary/contract staff pay rose considerably, reaching the sharpest rise in five years.

Engineering workers were the most in-demand category of temporary/contract staff during June; this was closely followed by the Nursing/Medical/Care sector.

REC chief executive Kevin Green, said, “The UK jobs market has been agile enough to weather the recession and emerge with more people in work than ever before and has performed considerably better than our European counterparts.

“Our main concern is that the soaring success of the jobs market and signs of economic recovery could be undermined if the government does not do more to address the growing skills gap.”

Bernard Brown, Partner and Head of Business Services at KPMG, added, “It’s often said that things happen ‘in threes’ and the latest jobs data has provided the hat-trick, complementing positive reports about the services sector and UK GDP.

“The latest figures reveal permanent placements enjoying their highest growth rates for over two years and temporary roles being filled at the quickest pace since Christmas.  Perhaps the sun has finally come out to shine on the jobs market and economy at large?”

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