The Report on Recruitment captures original survey data, providing the most up-to-date monthly picture of recruitment, employment, staff availability, and employee earnings trends.

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Here’s what you need to know:

Permanent placements fall, while temp placements hold steady

August saw a sharper decline in permanent staff appointments, marking the steepest fall since March. Temporary billings also dipped slightly, though the drop was minimal compared to permanent placements.

Salary growth slows, but continues

Despite fewer permanent hires, businesses continued raising salaries to attract talent. However, the rise in permanent staff pay was the slowest since March, and temporary pay grew at its weakest rate in over three years.

Demand for staff softens, temporary demand declines marginally

August marked the tenth consecutive month of reduced staff demand, with both permanent and temporary vacancies down. This month saw the first decline in temporary staff demand since April, though the drop was marginal.

Candidate availability grows, led by temporary workers

The availability of candidates for both permanent and temporary roles continued to increase in August. The rise was strongest for temp workers, showing the biggest growth in four months, while permanent staff availability saw its slowest increase since February.

Please submit the form below to download our latest Report On Recruitment for August 2024.

The Report on Recruitment is a monthly publication produced by IHS Markit and sponsored by KPMG and REC.
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