NEWS - EDUCATION & CAREERS
Data from the Office for National Statistics (ONS) has shown that the number of people in employment in the UK increased between August to October 2017 and November 2017 to January 2018.
The latest Labour Force Survey showed that the employment rate reached a record high of 75.3%, up from 74.6% a year earlier.Read more >>
A study from Hydrogen and My Family Care has shown that businesses in the financial services sector are prioritising flexible working.
The research looked at the needs, wants and challenges of employers and employees across a range of industries, including banking and finance, and found that more than 80% of people look for flexible working options before committing to a company.Read more >>
A study from the Association of Accounting Technicians (AAT) has highlighted the value of apprenticeships for smaller businesses.
The research, which coincides with National Apprenticeship Week, showed that small businesses are recognising the benefits of apprenticeships, with 97% insisting that taking on an apprentice has been constructive and good value for money.Read more >>
The latest figures from the Association of Professional Staffing Companies (APSCo) have shown demand for finance professionals was strong in January.
The figures, which focus on professional recruitment, showed a strong demand for permanent staff, with a 0.3 per cent rise in permanent vacancies. This follows recent figures from the Office for National Statistics, which showed employment has reached a record high of 75.3 per cent.Read more >>
Two of the Big Four firms have made it into the Sunday Times’ 25 Best Big Companies to Work For 2018 list.
EY came in tenth place, up from 17th place in 2017, while Deloitte rose from 18th place to 13th place on this year’s list.Read more >>
A report from the Association of Chartered Certified Accountants (ACCA) has shown that job satisfaction is higher in large accountancy firms, with 48 per cent of young finance professionals working in a large company saying that they are happy in their job role.
The report, entitled Generation Next: managing talent in large accountancy firms, surveyed 19,000 ACCA members and students aged 16 to 36, with particular focus on young finance professionals working for a large accountancy firm globally, such as one of the Big Four firms or a mid-tier company.Read more >>
Lloyds Bank has recently become the first FTSE 100 company to announce a diversity target to boost the number of staff from BAME (Black, Asian and Minority Ethnic) backgrounds in senior management.
The bank will be increasing BAME employees in senior management roles from 5.6 per cent to 8 per cent as part of its 2018 Helping Britain Prosper Plan which is set to be published next week.Read more >>
The latest IHS Markit/REC Report on Jobs from the Recruitment & Employment Confederation (REC) has shown an increase in demand for permanent staff across a number of sectors in January.
Permanent staff placements increased at the steepest rate since April 2015 last month, while overall growth in temporary billings was sharp, despite hitting a ten-month low.Read more >>
A study from recruitment agency Robert Half UK has shown the nation’s finance workers need more access to wellbeing programmes.
According to the study, 78 per cent of chief financial officers believe stress levels in the workplace will increase by 2020, whilst 16 per cent think there will be no change.Read more >>
Emolument.com has revealed the sectors that offer the highest-paid roles for contractors, with several finance jobs making the list.
The salary comparison website analysed compensation data from 3,694 contractors in the UK and found the majority of the best-paying roles are in sectors such as finance.Read more >>
Morgan McKinley’s 2018 Salary Guide has shown that demand for niche skills and specialist knowledge was strong in the accounting and finance sectors in 2017.
The recruitment consultancy’s guide also identified a number of key trends, including increases in salaries for newly qualified individuals working in finance in areas such as London.Read more >>
Finance recruitment company Robert Half has revealed which roles are set for the biggest salary increases in 2018.
The Robert Half 2018 Salary Guide showed accountants and finance leaders will see the biggest increase in their salary as demand for skilled finance professionals rises.Read more >>
Research from global recruitment firm Michael Page has revealed skills that workers and recruiters believe are the most valuable to careers in 2018. Finance and business skills both make the list.
The research surveyed 1,196 British workers and 240 recruiters.Read more >>
A survey from the Institute of Student Employers (ISE) has found that graduate jobs are set to rise across a number of sectors in 2018, with employers expecting to boost their number of graduate job vacancies by 11 per cent.
The annual Student Recruitment Pulse survey asked 103 UK student employers about their hiring intentions for the year ahead and found that the graduate jobs market will be returning to double-digit growth for the first time since 2015.Read more >>
Research from salary benchmarking website Emolument has revealed which front office finance careers offer the best pay and work-life balance.
The study surveyed a selection of front office bankers aged between 25 and 40 to find out how satisfied they are with their job and compared this with how much they earn to identify the most rewarding front office finance careers.Read more >>
The latest IHS Markit/REC Report on jobs has shown that demand for permanent finance workers and accountants increased in December.
The report also showed that the number of permanent staff placements increased at the fastest rate since August at the end of last year, with agencies reporting strong demand for staff in these sectors.Read more >>
Data from totaljobs has shown a record rise in the number of advertised jobs in the UK at the start of 2018, with banking and finance among the sectors that saw an increase.
The figures showed 54,000 jobs were advertised on the totaljobs website between the 1st and 7th January 2018, up by 20 per cent from the same period in 2017.Read more >>
Research from CV-Library has revealed the top industries that UK professionals who are looking to start a new career in 2018 should consider, with education and accounting making the list.
The UK job board found 75.7 per cent of UK professionals would change their career if they had the chance, while 39.9 per cent are unhappy in their current job role.Read more >>
Research from employee engagement company Qualtrics has found workers in junior positions are most likely to search for a new job at the start of the New Year.
The Qualtrics Employee Pulse report, which is released quarterly and surveys more than 4,000 workers, found workers under 35 are among those most likely to leave their job in January.Read more >>
Data from Adzuna has shown a year-on-year increase in average UK advertised salaries for the first time since June 2015.
Average advertised salaries increased by 1.2 per cent from November 2016 to £32,598, while London saw the biggest improvement in average salary, with an annual rise of 2.2 per cent to £39,457.Read more >>
Research from recruitment company Hays has revealed which workers are expected to be the most in demand in 2018.
The research surveyed 17,500 employers and workers and identified the sectors that are likely to need candidates that are suitably qualified and experienced in the New Year, with accountants, payroll team leaders and computer security staff being amongst the most in demand.Read more >>
Research commissioned by Jardine Motors Group has revealed the top signs of a fulfilling career, with training opportunities, flexible working hours and regular promotions all making the list.
The research surveyed 1,700 workers to find out what today’s workers desire the most when it comes to their career, and found that the majority believe that looking forward to work is the top sign of a fulfilling career.Read more >>
The latest CBI/Pertemps Network Group Employment Trends Survey has shown that businesses continue to be optimistic about creating jobs in 2018, despite uncertainty over Brexit.
The survey, which is in its 20th year, interviewed 299 businesses employing one million people and found that more than 50 per cent will be taking on more staff in the New Year.Read more >>
Research from specialist PR firm for the recruitment industry ClearlyPR has shown that the number of start-ups in the recruitment industry in 2017 has reached a record high.
The figures, which were obtained under a Freedom of Information Request from Companies House, showed that 9,001 recruitment agencies have been started since January 2017, bringing the total number of agencies now trading in the UK to a record high of 35,275.Read more >>
A recent study carried out by recruitment company Robert Walters highlighted the importance of career development among women. They found that 94 per cent of females believe mentoring programmes are valuable to helping them develop their career.
The research showed a lack of development programmes in the workplace, with 45 per cent of businesses surveyed offering no development schemes and 18 per cent of employers not offering any career development opportunities at all.Read more >>