Recruitment Partnership have reported an increase in profits of 34% in the last financial year with demand still high for Financial Services specialists in IT and Business Change.

Pay prospects for IT staff are the highest they have been since winter 2007, reveals research by business and technology staffing company ReThink Recruitment.
Its IT directors’ survey shows that 59% of respondents expect salaries for their IT staff in the next year, compared to 47% last year, and just over a quarter (27%) for 2010.
Additionally, 43% of IT directors expect to increase headcounts over the next year, up from 36% last year.

Recruitment Partnership are pleased to announce the appointment of Sian Elsmore as a new permanent consultant to help out with heavy demand across their main markets.

The South West has the lowest unemployment rate in the country, according to new figures.
Figures from the Office for National Statistics have revealed that the region had an unemployment rate of 6.1 per cent in the three months to the end of December 2011.
The figures revealed 165,000 were unemployed in the region - 13,000 fewer than in the previous quarter.

Long-term Hiring Intentions Up

There has been a slight improvement in long-term hiring intentions and strong demand for temporary staff remains, according to the Recruitment & Employment Confederation’s (REC’s) JobsOutlook.
Of the employers surveyed, 59% said they were planning to grow their permanent staff in the next 12 months (54% when asked about the next three months), and another 35% said they would be keeping it at the same level, pushing the REC’s barometer up three points from the previous month.
Agency staff demand remains high, with 28% of employers expecting to increase their temporary workforce over the next three months and 52% planning to retain current levels, while 83% were looking to increase or keep temporary staff levels at their current level in the longer term.
In the public sector, a large majority (82%) of employers are expecting cuts to have an impact on hiring, alongside 23% of private sector employers. Confidence among private sector companies has grown, however, with 15% expecting no impact on staffing levels due to cuts, up from 6% last month.

Almost a third of IT contractors think the financial services sector will create the most IT jobs over the next year, compared to 27.5% this time last year, according to research from contractor services provider giant group.

Meanwhile, confidence in the public sector has plummeted with just 8.9% of IT contractors expecting the public sector to create the most jobs over the next 12 months compared to 16.9% in Q2 2010 and 29.6% in Q2 2008.

Recruitment Partnership are pleased to welcome Mike Marigold to their contract team.