Finding the right person for the job costs UK plc £1.7 billion

Delays and skills shortages are making recruiting staff with the right skills for the job so difficult, it is costing British businesses £1.7 billion a year], highlights the first of a series of Skills Shortage bulletins published today the Edge Foundation. Continue reading Finding the right person for the job costs UK plc £1.7 billion

Adzuna Job Market Report – April 2018

Advertised salaries grow for sixth consecutive month

  • UK average advertised salaries up– currently sitting at £33,921; up 4.3% year-on-year
  • Every region in the UK showed year-on-year salary growth
  • Total advertised vacancies at 1,109,412 – down 4.1% over six months, despite a small increase on last month
  • Construction salaries need work – advertised salaries down by 8.1% from March 2017
  • Admin salaries on the up – typical sector pay up 28.2% annually to £27,564

Continue reading Adzuna Job Market Report – April 2018

It pays to stay: workers who spend 2 to 3 years in first job earn higher salaries over career

•   Workers should stay in their first role for 2-3 years to hit the salary sweet spot, with pay averaging £37,800 for employees who have done so

•   By comparison, workers who leave their first job within a year earn just £33k,  meaning £4k less a year on average

•   North East employees are the most loyal, staying in their first position for an average of 3.1 years, while Londoners are the flakiest employees, staying just 2.1 years in first job

•   Women stay in first job for shorter stint than men, averaging 3.2 years, as opposed to men at 3.9 years, within a first position

•   University graduates also switch to second job more quickly, moving on after 3.0 years, while those with no degree stay in their first role for an average of 3.9 years

•   Huge decline in average time spent in first job,with millennials entering the workforce since 2010 staying on average just 1.1 years, compared with up to 5.7 years for those starting work in the 1960s

Workers who spend between 2-3 years in their first jobs earn higher average salaries over the course of their careers, suggesting a salary premium for staying put within a first role, according to new research by job search-engine Adzuna. Continue reading It pays to stay: workers who spend 2 to 3 years in first job earn higher salaries over career

Childcare expansion plans “now well underway”

A huge increase in childcare training places has been announced to help deliver the additional workforce required for the transformation of early learning and childcare in Scotland.  The new training places are being made available in colleges and universities across Scotland in 2018/19. Continue reading Childcare expansion plans “now well underway”

Salaries on the rise?

UK Advertised Salaries Grow In Every UK Region

  • UK average advertised salaries up– currently sitting at £33,646; up 3.5% year-on-year
  • Every region in the UK showed year-on-year salary growth
  • Total advertised vacancies at 1,104,236 – down 8.3% over six months
  • Graduate salaries stutter– advertised salaries declined 12.1% over 12 months to £21,400
  • Energy salaries light up – typical sector pay up 10.8% annually to £40,640.

Average UK advertised salaries have increased in the last 12 months, up 3.5% to £33,646, according to Adzuna.co.uk. Growth in advertised wages is in evidence in every on of the 12 UK regions. Continue reading Salaries on the rise?

Fair Start Scotland: Up to £96 million for unemployment support

Scotland’s first fully devolved employment service will start delivering flexible and tailored support from Tuesday 3 April. Fair Start Scotland will offer personalised support for at least 38,000 people further removed from the labour market. Continue reading Fair Start Scotland: Up to £96 million for unemployment support

Nearly half of Scottish firms are struggling to hire skilled staff

  • Two in five local employers are struggling to recruit skilled staff and 41% have seen increased staff turnover since the EU Referendum
  • Businesses report this is impacting their growth and expansion efforts
  • To solve the crisis more than half are planning on recruiting more apprentices and many are engaging with education providers

More than a two fifths (44%) of Scottish firms are reporting difficulty recruiting skilled staff, and 41% have seen increased staff turnover since June 2016, according to a new employment and skills study from Lloyds Banking Group and London business membership organisation, London First. The study sought to analyse the impact of Brexit on business recruitment and access to skills across the UK. Continue reading Nearly half of Scottish firms are struggling to hire skilled staff