IT professionals seeking contract work as permanent hiring slows
IT professionals are increasingly turning to contract roles as permanent hiring slows, according to new research from the Association of Professional St...
Source: responsesource.com
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Skills shortages creating pay inflation 'crisis': legal and finance sectors worst hit
New data shows certain skilled staff are commanding salary inflation of over 37% in the next year and 63% of workers will reject a lowball pay offer A...
Source: responsesource.com
Wage spiral predicted to continue in 2024
Adding to the BoE worries, recent data shows annual pay growth for some in-demand roles as high as 36.2% • 41% of employers to offer a flat-rate salar...
Source: responsesource.com
job vacancies: UK regular pay growth slows for first time since January
UK regular pay growth has decreased to 7.8% from 7.9%, while inflation-adjusted pay has increased by 0.7%, the highest since October 2021. Job vacancies have also fallen to a two-year low of 988,000. The softer job market increases the likelihood of the Bank of England keeping interest rates on hold.
Source: indiatimes.com
Pay rises in the tech sector outstripping UK averages despite vacancy decline
The average earnings in the IT sector have increased at a greater rate than the wider UK economy, despite a slowdown in hiring, indicating a continued s...
Source: responsesource.com