Stuart Gentle Publisher at Onrec
07 Apr 2021|
Contractor Umbrella News: Financial services sector on the way to recovery
With financial services roles seeing a significant drop in demand at the start of the pandemic, the sector is now well underway for a recovery.
Using data provided by VacancySoft, research from the Association of Professional Staffing Companies (APSCo) revealed that hiring within the financial services sector was down 58% in Q2 2020.
However, numbers improved by the end of the year, with recruitment levels up 15.2% year-on-year in December 2020.
Unsurprisingly, due to the ongoing requirement for tech professionals to manage remote working practices since the start of the pandemic, IT specialists were the most in demand across the financial services sector – vacancies rose from 30% in 2019 to 33% in 2020 for this group.
UK financial services sector shakes off Covid blows as vacancies surge
Consolidation in the legal sector has fallen to a nine-year low. (Getty Images)
Vacancies in the financial services sector are well on their way to recovery after a sharp slump at the start of the pandemic, according to new APSCo data.
Research from the Association of Professional Staffing Companies (APSCo) showed hiring fell 58 per cent in the second quarter of 2020 as Covid battered employment prospects.
However, numbers improved towards the end of year, with recruitment levels up 15.2 per cent year-on-year in December 2020.
Insurance sector holds firm
The insurance sector dominated hiring within financial services in 2020, accounting for almost a third of the total vacancies.
Stuart Gentle Publisher at Onrec
09 Mar 2021|
APSCo responds to the Chancellor’s budget
Responding to Chancellor Rishi Sunak’s budget announcement today, Tania Bowers, Legal Counsel and Head of Public Policy for the Association of Professional Staffing Companies (APSCo), said: Extension of furlough scheme welcomed Access to financial support must be fast tracked and simplified Lobbying win as Government confirms flexible apprenticeships Visa reform could help access to international talent Further engagement with education recruitment sector needed
Responding to Chancellor Rishi Sunak’s budget announcement today, Tania Bowers, Legal Counsel and Head of Public Policy for the Association of Professional Staffing Companies (APSCo), said:
Sammons Salary Survey 2020: Confidence over career moves growing
Candidates can typically now consider more than one opportunity to ensure that they move for the right career opportunity
Sarah Bergin-McCarthy
As Sammons Pensions Recruitment publishes its 2020 Salary Survey, Sarah Bergin-McCarthy finds the current climate is not hampering regrowth.
Sammons Pensions Recruitment has published its 19th annual salary survey, which is based on research of the pensions industry, and looks at trends and opinions across salaries, bonuses, benefit packages and recruitment issues.
The UK recruitment backdrop
Let us begin by putting recruitment in the pensions industry into the broader UK-wide employment perspective. The Office for National Statistics (ONS)
News of a trade deal brings optimism for SMEs in the new year realbusiness.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realbusiness.co.uk Daily Mail and Mail on Sunday newspapers.