Tag: jobs

Royal Bank of Scotland Report on Jobs

February sees renewed downturn in permanent placements

  • Permanent staff appointments fall for fourth time in five months
  • Pay pressures ease
  • Steep downturn in candidate availability 

The latest data from the Royal Bank of Scotland Report on Jobs survey showed that recruitment consultancies saw a notable drop in the number of people placed in permanent roles during February amid ongoing market uncertainty and hesitancy to commit to new hires.

The seasonally adjusted Permanent Placements Index slipped from 54.7 in January to 42.1, signalling a renewed contraction in permanent staff hires. Meanwhile, the downturn in temp billings accelerated, with the pace of decrease the fastest in the current five-month period of reduction.

At the same time, the supply of both permanent and temporary staff shrank rapidly amid tight labour market conditions and skills shortages. Recruiters also commented that workers were increasingly hesitant to seek out or switch roles due to an uncertain economic climate.

Despite ongoing labour shortages, February data pointed to a notable cooling in the rates of both starting salary and temp wage inflation.

Renewed contraction in permanent placements

After posting in expansion territory in January, the seasonally adjusted Permanent Placements Index fell back below the neutral 50.0 level during the latest survey period, indicating a fall in permanent staff appointments for the fourth time in the last five months. Moreover, the rate of reduction was sharp overall and stronger than that seen for the UK as a whole. Recruiters often linked the decline to delayed hiring decisions and greater market uncertainty. 

Recruitment consultancies in Scotland recorded a reduction in temp billings in February, thereby stretching the current sequence of decrease to five consecutive months. The overall pace of contraction accelerated to one that was the most marked since June 2020. The fall also contrasted with a mild upturn in billings across the UK as a whole. According to panellists, a slowdown in market conditions had impacted clients’ appetite to take on short-term hires.

Availability of permanent staff falls rapidly

February data highlighted a quicker reduction in permanent staff availability across Scotland. The rate of decrease was rapid overall and quicker than the series average. Surveyed recruiters often cited skills shortages and a tight labour market when explaining the latest drop in supply.

The decline in permanent candidate numbers across Scotland outstripped that recorded for the UK as a whole.

As has been the case in each month over the last two years, temporary staff availability declined across Scotland in February. The pace of contraction was quicker than the UK-wide trend and historically sharp, with anecdotal evidence often linking the fall to a generally low unemployment rate and reluctance amongst workers to switch roles. That said, the respective seasonally adjusted index ticked-up for a second month running to a 22-month high.

Softest upturn in starting salaries for four months

Salaries awarded to newly-recruited staff rose across Scotland in February, thereby extending the current upward trend observed since December 2020. Tight labour market conditions and skill shortages continued to drive pay higher as firms competed to secure talent, according to recruiters. However, the rate of salary inflation eased further from December, signalling the joint-softest upturn in 20 months. 

Nevertheless, the rate of pay growth in Scotland outstripped that seen across the UK as a whole for the fifth successive month.

After registering the second-fastest increase in the survey’s history in January, temp wage inflation slowed notably in the latest survey period. Moreover, the rate of growth was the softest seen since April 2021. While persistent candidate shortages reportedly drove up pay, recruiters mentioned that the current economic climate limited the upturn.

The rate of wage inflation across Scotland was also weaker than the UK-wide trend.

Demand for permanent staff expands at softest rate for two years

Permanent job openings grew solidly across Scotland in February. However, the latest upturn was the softest seen for two years and below the historical average.

Of the eight monitored sectors, the strongest upturn in permanent staff demand was seen for Nursing/Medical/Care, with IT & Computing placing second.

Temp vacancies across Scotland fell for the second month running in February. The pace of contraction quickened from January and was marked. The decrease noted in Scotland contrasted with a further expansion in temp job openings at the UK level.

Blue Collar roles led the decline, followed by Engineering & Construction.

Sebastian Burnside, Chief Economist at Royal Bank of Scotland, commented: “The renewed expansion in permanent placements during January did not carry through to February, as the latest survey data from recruiters signalled a fresh reduction in permanent new hires.

“Furthermore, the contraction in temporary billings persisted, indicating a steep fall in short-term staff recruitment. The downturn in hiring activity was often linked to uncertainty around the outlook and hesitancy among clients to commit to new staff. At the same time, ongoing skills shortages made it difficult to acquire candidates for those that did want to fill roles.

“Vacancy data highlighted a relatively subdued increase in permanent roles, while temp staff demand fell for the second month running, which helped bring down rates of inflation for starting pay. Growth in permanent starters’ salaries was weaker than the trend seen over the past two years, while hourly rates of pay rose at the slowest pace since April 2021.”

Aldi hiring 129 colleagues across Edinburgh and the Lothians 

Aldi has announced it is currently looking to hire 129 colleagues in Edinburgh and The Lothians.  

The supermarket is looking for people of all levels of experience to fill roles across the region, with pay rates of up to £12.40 an hour.  

This includes full and part-time positions such as Store Management Apprentice and Store Assistant, all the way up to Deputy Manager.  

Stores in Edinburgh and The Lothians, where Aldi is looking to hire, include Chesser, Dalkeith, and Hermiston Gait.  

The recruitment push forms part of Aldi’s nationwide expansion drive, with the supermarket opening a number of new stores across the UK in the next year. Aldi is also currently recruiting for 450 jobs at its 11 Regional Distribution Centres up and down the country.  

Giles Hurley, Chief Executive Officer of Aldi UK, said: “Demand for Aldi has never been higher as more and more people realise they can make significant savings on every shop without compromising on quality. It’s more important than ever that we are making it even easier for more people to shop with us – including by opening dozens of new stores.  

“Our success is dependent on the amazing work that colleagues do, day in and day out, and we’re looking forward to welcoming thousands more colleagues to Team Aldi throughout 2023.”  

Store Assistants at Aldi receive a starting pay of £11.00 an hour nationally, rising to £11.90, and £12.45 rising to £12.75, within the M25, with the supermarket also paying for breaks. Meanwhile, Aldi recently increased pay rates for around 7,000 warehouse workers, with Warehouse Selectors now receiving a minimum starting salary of £13.18 per hour.  

Those interested in applying for a career with Aldi can visit:

www.aldirecruitment.co.uk.  

Hiring activity weakens again

Royal Bank of Scotland November report on jobs

• Downturn in permanent staff hires accelerates

• Vacancy growth continues to soften

• Further sharp rise in starting pay

According to the latest Royal Bank of Scotland Report on Jobs survey, hiring activity fell across Scotland again in November amid greater economic uncertainty and strong cost pressures.

For the second month running, both permanent staff hires and temp billings fell, with the former recording the quickest reduction since June 2020. While staff availability continued to deteriorate, demand for labour expanded at a softer, but still strong rate.

The ongoing imbalance of labour demand and supply led to further rises in both starting salaries and short-temp pay.

Downturn in permanent placements gathers pace

For the second successive month, permanent placements fell across Scotland in November. The rate of reduction quickened from October to the fastest since the initial phase of the pandemic in June 2020 and was sharp overall. Increased market uncertainty and candidate shortages were blamed for the latest drop in permanent staff appointments.

Permanent placements also fell across the UK as a whole for the second month in a row, albeit at a softer pace than that seen in Scotland.

November data highlighted a fall in temp billings across Scotland for the second consecutive month. Adjusted for seasonality, the respective index pointed to a slower and modest pace of decrease. According to anecdotal evidence, concerns about the outlook weighed on labour market activity.

In contrast to the trend seen for Scotland, temp billings expanded modestly at the UK level.

Supply of permanent staff falls steeply in November

As has been the case since February 2021, the supply of permanent staff across Scotland contracted during November. Furthermore, the rate of deterioration was the most severe since May and among the fastest on record. Recruiters stated that a combination of labour and skill shortages, Brexit and economic uncertainty reduced the supply of candidates.

Notably, the downturn in permanent staff supply across Scotland outstripped the UK average for the eighth month in a row.

A twenty-first successive monthly fall in temporary candidates across Scotland was recorded during November. The rate of reduction accelerated on the month, and was the sharpest since June. The decline also exceeded that seen across the UK as a whole. Recruiters blamed the fall on a stronger preference for permanent roles, candidate shortages and economic uncertainty.

Upward pressure on starting salaries intensifies in November

Latest survey data signalled a further rise in salaries awarded to permanent new joiners in Scotland for the twenty-fourth successive month in November. The rate of pay inflation ticked up from October’s 16-month low, and was rapid overall. The latest rise in salaries was attributed to competition for labour amid staff and skill shortages.

For the second month running, Scotland noted a quicker rise in starting salaries than recorded at the UK level.

Average hourly wages increased further across Scotland in November, thereby stretching the current sequence of inflation to two years. The rate of pay growth accelerated from October’s 18-month low and was sharp overall. Scottish recruiters commonly noted that acute skill and candidate shortages continued to exert upward pressure on wages.

Further slowdown in growth of demand for permanent staff in November

November data pointed to another monthly increase in the number of permanent vacancies across Scotland, extending the current run of expansion that began in February 2021. That said, while growth remained strong, the rate of increase weakened to the second-slowest in the aforementioned sequence.

Across the monitored job categories, Nursing/Medical/Care reported the quickest rise in vacancies. Executive & Professional and Hotel & Catering reported reduced demand for permanent staff.

Recruiters across Scotland signalled a twenty-sixth successive monthly rise in temporary vacancies during November. However, the rate of expansion cooled since the previous month and was the softest seen since February 2021.

IT & Computing registered the quickest upturn in short-term vacancies, followed by Accounts & Financial.

Sebastian Burnside, Chief Economist at Royal Bank of Scotland, commented: “Following the post-pandemic hiring boom, the latest Report on Jobs survey indicates that recruitment activity lost further momentum in November amid a slowdown across the economy.

“Greater uncertainty around the outlook and candidate shortages have taken a toll on staff hiring across Scotland. Latest data indicated a notably steeper contraction in permanent placements, while temp billings fell for the second consecutive month.

“At the same time, labour scarcity resulted in strong growth in pay, with both starting salaries and hourly wages rising at sharper rates during November.

“The steeper drop in candidate availability across Scotland, which was often blamed on a generally low unemployment rate, fewer foreign workers, worries over the economic climate and cost of living crisis, is likely to add further upwards pressure on pay in the months ahead, particularly if firms want to attract and secure the skilled workers they need.”

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Royal Bank of Scotland: October report on jobs

Renewed downturn in permanent placements during October

  • Permanent placements fall amid growing economic uncertainty
  • Temp billings decline for first time in 26 months
  • Pay pressures soften, but remain strong overall

Hiring activity across Scotland fell into decline during October, with both permanent staff appointments and temporary billings contracting, according to the latest Royal Bank of Scotland Report on Jobs survey.

Permanent placements have now fallen in two of the past three months, while the downturn in temp billings was the first seen since August 2020. Moreover, the rates of contraction were strong overall amid reports of growing economic uncertainty, softening demand conditions and the deepening cost of living crisis.

October data also revealed further increases in starting salaries and temp wages. However, rates of inflation continued to ease, signalling a mild waning of pressure on pay.

Permanent staff placements fall solidly

October data highlighted a fall in permanent staff placements across Scotland. After a month of growth in September, the respective seasonally adjusted index reverted below the neutral 50.0 threshold to signal the second reduction in three months.

The rate of contraction was the fastest seen in nearly two years and solid, with recruiters often linking the fall to growing economic uncertainty and the cost of living crisis.

At the UK level, a fall in permanent staff hires was also noted, with the rate of decline similar to that seen in Scotland.

Scottish recruitment consultancies signalled a reduction in temp billings during October, thereby ending a 25-month run of expansion. The rate of contraction was the quickest seen since July 2020 during the initial wave of the pandemic and strong overall. According to panellists, the latest fall was driven by reduced activity at clients. 

Across the UK as a whole, temp billings were broadly stagnant after rising in each of the prior 26 months.

Downturn in permanent staff supply fastest in three months

Recruiters across Scotland noted a twenty-first successive monthly fall in permanent candidate availability during October. The pace of decline quickened on the month and was marked overall. Panellists generally linked the latest downturn to skill shortages and increased hesitancy to seek out new roles due to rising economic uncertainty.

The pace of reduction across Scotland was more rapid than that recorded for the UK as a whole.

The supply of temp labour across Scotland fell again during October. Despite being severe overall, the rate of decline was the second-slowest in seven months (after September). Recruiters highlighted a lack of European workers and ongoing skill shortages as factors constraining supply.

As has been the case for the last seven months, the rate of contraction in temp staff availability in Scotland was sharper than that seen at the UK level.

Starting salary inflation softens further in October

Latest survey data indicated that average starting salaries for permanent staff in Scotland increased at the slowest pace since June 2021 during October. That said, the pace of wage inflation remained elevated in comparison to the historical average. According to anecdotal evidence, skill and candidate shortages continued to drive up rates of pay.

Data for the UK as a whole also signalled a softer rise in starting salaries during October. Moreover, the pace of inflation was softer than that seen for Scotland for the first time in four months.

As has been the case for the past 23 months, temp wages rose across Scotland during October. While the respective seasonally adjusted index hit an 18-month low, it signalled a sharp rise overall. Greater competition for scarce candidates was cited as a key driver of the latest increase in temp pay.

At the national level, wages also increased at a much slower rate during October. However, the rate of inflation was quicker than that registered in Scotland.

Demand for permanent staff expands at slowest pace in 20 months

Demand for permanent staff grew sharply during October, thereby extending the current period of expansion to 21 months. However, the respective seasonally adjusted index fell for the sixth month running, with the latest reading edging down to a 20-month low.

Across the monitored job categories, IT & Computing registered the steepest rate of expansion, followed by Nursing/Medical/Care.

Recruiters across Scotland noted a twenty-fifth successive monthly rise in temp staff demand during October. While the rate of growth was the weakest since February 2021, it was quicker than that seen across the UK as a whole.

At the sector level, IT & Computing saw the quickest growth in short-term vacancies, followed by Accounts & Financial.

Sebastian Burnside, Chief Economist at Royal Bank of Scotland, commented: “Labour market conditions across Scotland deteriorated in October, as for the first time since August 2020, both permanent placements and temporary billings contracted.

“At the same time, rates of vacancy growth for both permanent and short-term staff continued to ease. Candidate and skill shortages meanwhile stretched the supply of labour thin, with recruiters also noting that increased economic uncertainty had impacted candidate numbers. Though it does seem that market imbalances are becoming less pronounced, the effect on pay remains strong.

“The data therefore suggest that growing uncertainty about the economy and the cost of living crisis are already affecting the labour market, and could weigh further on hiring decisions for the remainder of the final quarter of 2022.”

A Career in Care: Edinburgh College launches new free course

STEP INTO CARE with LOTHIAN CARE ACADEMY

NHS Lothian has partnered up to support the launch of a new Edinburgh College course designed to introduce students to a career in care.

The free course, which is 10 weeks long leads to a guaranteed job interview for participants with a social care provider, opening the doors to potential future employment.

NHS Lothian, working in partnership with Lothian’s four Health and Social Care Partnerships has helped to develop the Lothian Care Academy (LCA) to support education, training and recruitment of health and social care staff.

The step into care course is an initiative championed by the LCA designed to support our the current health and social workforce, while attracting new talent to the profession.

The course itself is aimed at those who enjoy working with people, are compassionate, have a sense of fun and are seeking a new rewarding career they perhaps thought they never had the qualifications to start.

Mhairi Mackay, Senior Project Manager for Lothian Care Academy, NHS Lothian said: “The rationale for this course was to look at new ways of recruiting into social care and to provide people with experience of the job.

“We have adapted the SSSC ‘Introduction to Social Care’ course to include workshops on personal care, infection control and communication so people can be best prepared for what a career in social care might be like. We’re also guaranteeing interviews for candidates who complete the course, so it is a ‘one stop shop’ so to speak.

“The interviews could take successful candidates into a career in a care home or in a care at home service that helps people to keep their independence and stay in their own home.”

Alison Payne, Manager of Erskine Care Home, Edinburgh said: “The course is very important in opening up the option of working in care to a whole new potential workforce.

“I am hopeful that people who have considered working in care, but felt they didn’t have the skills or necessary experience will see this course as a great opportunity and even a steppingstone into a whole new career.

“One of the biggest issues facing the care sector at the moment is recruitment, in particular for care homes and care at home services.

“I think as a care home it was important for us to be involved in this project so that we can give a real insight into what care homes are really like to work in. I would also love people to see the real care home experience and the positive impact this has for residents and their relatives.”

It’s only by working in partnership with care services and Edinburgh College that’s allowed the course to come into fruition.

Commenting on the partnership Andrew Clark, Skills Boost Leader, Edinburgh College said: “One of our key aims at Edinburgh College is to improve employability within our local community.

“This partnership is really a win-win situation as it provides a pathway for people wishing to work in the care industry and gives much needed assistance to the people who require care.”

To find out more about the course, please visit:

https://www.edinburghcollege.ac.uk/courses/browse/step-into-care-lothian-care-academy-ypgnttf-hw1icscz22

Enterprise Rent-A-Car looking for nearly 2,000 employees across UK

246 jobs in Scotland and Northern Ireland including Glasgow and Edinburgh

The world’s largest vehicle rental mobility company is launching one of the UK’s biggest graduate recruitment campaigns this year.

Enterprise Rent-A-Car will recruit 1,454 graduates across its regional network of 450+ rental branches located all over the UK over the next 12 months. It is also recruiting 450 undergraduates for 12-month industrial placements in retail, HR, revenue management, legal and marketing teams.

The campaign launches to support growing demand for vehicle rental in towns and communities across the UK looking for low-cost, low-emission and convenient motoring.

People can apply from any university, degree and attainment level. Enterprise recruits based on potential and is looking for people who can demonstrate customer service, teamwork and leadership skills.

Employees on placements can return to Enterprise after graduation and enter straight into a management role, having completed the training programme on placement. Management Trainees could become a Branch Manager within just two years.

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With more than 450 branches across the UK, within 10 miles of 93.5% of the UK population, applicants can choose to start their Enterprise career anywhere across the country, both in cities and in smaller, more rural areas.

Graduates who join the company’s award-winning Management Training Programme rapidly gain valuable experience across all areas of business management. This includes customer service, operations, sales, marketing and finance, in an entrepreneurial culture that empowers trainees by giving them real responsibility early in their career. 

Ashley Hever, Enterprise Rent-A-Car’s Talent Acquisition Director (Eh? – Ed.), explains: “The Management Training Programme is the starting point to long term careers at Enterprise that can take people to the very top of the business. Most of our country heads started their career as a Management Trainee, and so did I. Once you’re on board, the sky’s the limit.

“This programme is an outstanding opportunity to develop the real-world skills and experience that this year’s graduates may feel they need, as their university years included long periods of remote learning. If you’ve got a degree and the entrepreneurial drive to take responsibility and be a leader, come and say hello to us at one of our events.” 

With branches throughout every region of the UK, Enterprise Rent-A-Car’s graduate Management Trainees can choose to work close to home or head off to pastures new, as they are not tied to expensive cities or obliged to move far away.

This year’s recruits will join Enterprise at a time when transport strategy is in the spotlight, providing exciting opportunities to shape the future of mobility. Businesses and public sector bodies are looking to broaden their travel options to reduce emissions and improve efficiency.

Enterprise is working on exciting solutions and expanding into new markets to meet these opportunities, including Mobility-As-A-Service (MaaS), providing a key link in the connected travel chain and encouraging people to consider shared alternatives to car ownership. 

Enterprise becomes part of the neighbourhoods in which it operates by recruiting locally, enabling a deeper understanding of local customers’ needs and strengthening its ties within the local community. 

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Enterprise Rent-A-Car is an inclusive employer and has long been recognised for recruiting a diverse and equitable workforce. It has been a Times Top 50 Employer for Women for 17 years in a row. Enterprise is actively involved in local and national diversity recruiting efforts, partnering with Enactus, The Automotive 30% Club, BITC and Stonewall.

For more information or to apply for the Enterprise Management Training Programme, visit: https://careers.enterprise.co.uk/graduate-management-trainee-jobs to find out more.

Heriot-Watt ranks as Scotland’s best university for landing a Big Four Accounting job

These Scottish universities give you the best chance of working for a Big Four Accounting Firm

  • Heriot-Watt University ranks as the best Scottish university for landing a job at a Big Four Accountancy Firm, with 991 graduates working for PwC, Deloitte, EY or KPMG.
  • University of St. Andrews and The University of Edinburgh rank second and third respectively in Scotland.
  • London School of Economics and Political Science (LSE) ranks as the best university in the UK for landing a Big Four job.

Heriot-Watt University ranks as the best Scottish university for landing a role at a Big Four Accounting Firm (PwC, Deloitte, EY and KPMG) according to a new analysis of LinkedIn data.

As undergraduates return for their final year of university this Autumn, many will have their mind set on a career with some of the UK’s largest and most reputable graduate employers.

However, as places for these graduate roles become more competitive, many will be wondering how their university stacks up in terms of career prospects.

Online trading platform and broker CMC Markets, analysed LinkedIn data for the Big Four Accounting Firms, PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY) and KPMG, to see where their current employees most commonly attended university.

The analysis looked at the UK’s top 60 universities, including all 24 that are members of the Russell Group, to see which universities have the most graduates working for a Big Four Accounting Firm. The figures were also calculated as a proportion of each university’s enrolment size, based on student enrolment for the 2020/21 academic year according to the Higher Education Statistics Agency.

Scotland Universities ranked for Big Four Accounting Jobs

1. Heriot-Watt University – 991 graduates (8.8% of enrolment size)

Heriot-Watt University ranks as the best Scottish university to attend if you want to pursue a career at the Big Four, with a total of 991 university graduates currently employed across these firms. When accounting for the number of students enrolled in a typical academic year at Heriot-Watt, this works out at 8.8% of the total enrolment size placing it top of any Scottish university in the list and 10th overall in the UK.

2. University of St. Andrews – 927 graduates (8.1% of enrolment size)

University of St. Andrews ranks the second-best Scottish university to attend if you want to pursue a career at the Big Four. The university has a total of 927 graduates currently employed across these firms, which works out at 8.1% of the total enrolment size. St. Andrews ranks 12th overall in the UK in terms of graduates in Big Four Accounting roles.

3. The University of Edinburgh – 1,983 graduates (5.2% of enrolment size)

The University of Edinburgh ranks as Scotland’s third best university to attend if you want to pursue a career at the Big Four. The university has a larger total of 1,983 graduates currently employed across these firms, which works out at 5.2% of the total enrolment size. Edinburgh ranks 33rd overall in the UK in terms of graduates in Big Four Accounting roles.

4. University of Strathclyde – 1,202 graduates (4.9% of enrolment size)

University of Strathclyde ranks as Scotland’s fourth best university to attend if you want to pursue a career at the Big Four. The university has a total of 1,202 graduates currently employed across these firms, working out at 4.9% of the total enrolment size. Strathclyde ranks three spots behind at 36th overall in the UK.

5. University of Aberdeen – 580 graduates (3.6% of enrolment size)

University of Aberdeen ranks as Scotland’s fifth best university to attend if you want to pursue a career at the Big Four. The university has a total of 580 graduates currently employed across these firms, working out at 3.6% of the total enrolment size. Aberdeen ranks 40th overall in the UK.

6. University of Glasgow – 1,339 graduates (3.6% of enrolment size)

University of Glasgow ranks as Scotland’s sixth best university to attend if you want to pursue a career at the Big Four. The university has a total of 1,339 graduates currently employed across these firms, also working out at 3.6% of the total enrolment size. Glasgow ranks 41st overall in the UK.

7. University of Stirling – 293 graduates (2.0% of enrolment size)

University of Stirling ranks as Scotland’s seventh best university to attend if you want to pursue a career at the Big Four. The university has a total of 293 graduates currently employed across these firms, working out at 2.0% of the total enrolment size. Stirling ranks 51st overall in the UK.

8. University of Dundee – 279 graduates (1.7% of enrolment size)

University of Dundee ranks as Scotland’s eight best university to attend if you want to pursue a career at the Big Four. The university has a total of 279 graduates currently employed across these firms, working out at 1.7% of the total enrolment size. Dundee ranks 53rd overall in the UK, nearing the bottom of the list.

Top UK Universities for Big Four Accounting Jobs

1. London School of Economics and Political Science (LSE) – 5,776 graduates (42.9% of enrolment size)

2. University of Cambridge – 3,401 graduates (15.4% of enrolment size)

3. Oxford Brookes University – 2,355 graduates (13.2% of enrolment size)

4. Durham University – 2,702 graduates (13.1% of enrolment size)

5. University of Lancaster – 1,732 graduates (9.9% of enrolment size)

University ranking by percentage of alumni who list themselves on LinkedIn as working for a Big Four firm

RankUK UniversityPwC EmployeesDeloitte EmployeesEY EmployeesKPMG EmployeesTotalTotal student enrolment (for the 20/21 academic year)Number of alumni working at The Big Four as a percentage of current enrolment size
1.London School of Economics and Political Science (LSE)1,4941,7981,4771,0075,77613,45542.9%
2.University of Cambridge8931,0578446073,40122,15515.4%
3.Oxford Brookes University5635598094242,35517,79513.2%
4.Durham University7547945885662,70220,64513.1%
5.University of Lancaster4664354973341,73217,4709.9%
6.University of Warwick7618106145272,71228,1109.6%
7.University of Oxford6618565465042,56727,1509.5%
8.Queen’s University Belfast1,1494884162862,33925,3659.2%
9.University of Bath4805004063221,70818,5559.2%
10.Heriot-Watt University25527327019399111,2008.8%
11.University of Nottingham9198496256503,04335,7858.5%
12.University of St. Andrews28327620216692711,4858.1%
13.Imperial College London4575453713321,70521,3708.0%
14.University of Bristol7176555154762,36329,7857.9%
15.The University of Manchester9871,0017707293,48744,6357.8%
16.University of Birmingham8587965766672,89737,7507.7%
17.SOAS University of London116138951014505,8657.7%
18.University of Southampton4235293373081,59721,3957.5%
19.University of Leeds8817175685442,71036,8407.4%
20.Loughborough University4113792902601,34018,3357.3%
21.University of Exeter6206324674722,19130,2507.2%
22.Queen Mary University of London4155263763481,66523,8707.0%
23.University College London (UCL)8619997035443,10745,7156.8%
24.Newcastle University6604763663111,81327,7756.5%
25.University of Leicester2723252341811,01216,1006.3%
26.Royal Holloway, University of London21023716512773912,2956.0%
27.King’s College London5766995544702,29938,4456.0%
28.Ulster University

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Record number of Scots are being paid the real Living Wage

A Fair Work approach to the cost of living crisis

A record proportion of employees in Scotland are being paid the real Living Wage (rLW) or more, new figures have revealed.

The Office for National Statistics’ Annual Survey of Hours and Earnings shows 91% of employees aged 18 and over earned at least the rLW in 2022, an increase from 85.5% in 2021 and the highest proportion since the rLW series began in 2012.

In comparison, 87.5% of employees aged 18 and over in England are paid the rLW or more, 88.2% in Wales and 85.4% in Northern Ireland.

The ONS survey also confirms that the Gender Pay Gap is lower in Scotland than across the UK as a whole. For full-time employees the gap is 3.7% compared with the UK figure of  8.3%.

The Scottish Government is committed to tackling the cost of living crisis with a Fair Work approach, ensuring workers are paid at least the rLW – currently £10.90 per hour – and supporting more women into jobs through flexible working opportunities.

Minister for Employment and Fair Work Richard Lochhead said: “The Scottish Government’s commitment to promoting payment of the real Living Wage is a fundamental part of our National Strategy for Economic Transformation and a key cost of living policy to deliver a fairer and more equal society.

“The ONS figures confirm that Scottish employers are leading the way and we can be proud of the progress that has been made.

“There is still work to be done on tackling the gender pay gap, but we are taking steps to make this happen. We will publish our refreshed Fair Work Action Plan later this year, outlining the actions needed to close the gap further and create a more diverse and inclusive workplace.

“We will continue to work with employers, employability providers and partners to achieve this aim.” 

Read the Annual Survey of Hours and Earnings statistics in full here.

AnnualSurveyofHoursandEarnings2022publication-26October202229krDownload

Hospitality expert endorses industry as lasting career option

A SENIOR figure in Edinburgh’s hospitality scene is sharing how the industry can provide a long-term career path, citing how she wants to shake up how jobs in the sector are viewed in Scotland. 

Jackie Hudson plays a key role in driving the strategic direction at city-centre venue Surgeons Quarter which comprises the city’s largest independent hotel, Ten Hill Place, along with a thriving conference and events business that maximises the commercial use of the Royal College of Surgeons of Edinburgh (RCSEd) buildings and venues.

After 17 years of working in the industry is citing her experience to encourage others not to view it as a short-term job solution, of which she was once guilty of, having started in an events manager role after completing college while initially thinking of undertaking a career teaching maths.

As the industry recovers from the pandemic and manoeuvres continual economic fallout including a prolonged hiring crisis, Jackie believes now is the opportune time to make the move into hospitality.

These challenges have introduced positive changes across working hours, pay, training and development with more organisations increasing incentives – which previously were deemed key deterrents when viewing the industry as a long-term career plan.

Jackie (41), who serves as Revenue Manager and is part of Surgeons Quarter’s senior management team, said: “Working in the hospitality industry has presented opportunities I could only have dreamed of. It can be turbulent, busy and challenging but isn’t every industry like that these days?

“As an industry we’ve perhaps been too shy to shout about what a career can mean. I’d say lots of organisations have really had to focus on their development opportunities, conditions and base pay. I’m confident that we are at the very forefront of this nationally and striving to stay there.

“If you love interacting with people, want to create your own niche and are ready to learn from real life experience, the hospitality industry is the perfect career choice for you.

I’m also extremely proud to play a part in marketing Edinburgh on a national and international level. When I first started out, I never would’ve thought I’d be forecasting the revenue across such a diverse portfolio business.”

Highlighting the breadth of experiences Jackie has been able to undertake at Surgeons Quarter, earlier this month she was invited by Surgeons Quarter’s Managing Director, Scott Mitchell, to accompany him to the RCSEd’s International Conference in Chennai, India.

Scott said: “Jackie is a real lynchpin within our business. She isn’t front and centre at events or with our clients, so perhaps doesn’t always get the spotlight she deserves. 

“She is the embodiment of somebody that has carved a very strong career in hospitality and it’s been a privilege to see her develop and thrive as part of our team.”

As part of Jackie’s role, she plays an active part in recruitment and has a keen interest in building a diverse workforce to incorporate a variety of skills and abilities.

With over 22 different nationalities making up the 178-strong team, the multicultural business has placed focus on professional development and bringing the benefits of a career in the industry to forefront for those just starting out.

Surgeons Quarter promotes, sells and manages all commercial activities held within the RCSEd campus, which includes Ten Hill Place Hotel.

Since 2021 it has secured the Living Wage Accreditation while also increasing its team’s pension contributions to 7.5%.

For more information on events, conferences and meeting space at Surgeons Quarter visit: https://www.surgeonsquarter.com/conferences-meetings/

Royal Bank of Scotland Jobs report shows permanent placements increase in September, but growth “mild”

  • Fresh uplift in permanent staff appointments, but growth only mild
  • Temp billings rise at quicker pace
  • Pay pressures ease, but remain historically sharp

Scotland’s labour market saw an improvement in overall hiring activity in September, according to the latest Royal Bank of Scotland Report on Jobs survey, with recruiters reporting a fresh rise in permanent placements and stronger temp billings growth.

The seasonally adjusted Permanent Placements Index rose back above the neutral 50.0 mark, rising from 47.3 in August to 52.7 in September, to signal a mild uplift in permanent staff appointments, while temp billings increased at a strong and accelerated rate. 

At the same time, sustained growth of vacancies, combined with another deterioration in candidate availability, led to further upwards pressure on pay. Notably, both starting salaries and temp wages increased at historically sharp rates, despite easing since August.

Permanent placements return to growth

Adjusted for seasonal variation, the Permanent Placements Index rose back above the neutral level of 50.0 in September to signal a fresh rise in permanent staff appointments across Scotland. Panellists attributed the upturn to strong demand for staff and increased hiring activity amongst clients in some sectors. That said, the pace of increase was only mild.

September data pointed to sustained growth of temp billings across Scotland, extending the current sequence of upturn that began two years ago. The rate of expansion ticked up from August’s seven-month low and was solid overall.

The pace of increase in temp billings in Scotland was broadly in line with the trend seen for the UK as a whole.

Further marked drop in permanent candidate availability

The supply of permanent staff across Scotland continued to decrease in September, stretching the current sequence of contraction to 20 months. Skills shortages and high demand for staff reportedly drove the latest fall. Notably, the rate of decline quickened slightly on the month and was marked overall.

Scotland recorded a much sharper fall in permanent staff supply than that seen on average across the UK, with the pace of decline slowing slightly on the month at the national level.

Adjusted for seasonal variation, the Temporary Candidate Availability Index remained below the neutral 50.0 mark in September, signalling a nineteenth straight monthly deterioration in the supply of temp staff across Scotland and one that was rapid overall. Panellists cited strong demand for short-term workers and a reluctance among candidates to move roles. Although it remained much sharper than that seen at the national level, the pace of contraction was the slowest for six months.

Rate of starting salary inflation eases to 15-month low

September data signalled a sustained uplift in salaries awarded to permanent new joiners in Scotland, amid reports that strong demand for staff led to upwards pressure on pay. Though historically sharp, the rate of salary inflation was the slowest for 15 months, and weaker than that recorded for the UK as a whole.

A twenty-second monthly increase in hourly rates for short-term staff in Scotland was recorded in September. According to survey respondents, skills shortages were the primary cause of the latest rise. The rate of temp wage inflation softened to a four-month low, but was nonetheless sharp and outpaced the UK-wide average.

Permanent vacancies rise at slower rate

As has been the case in each month since February 2021, demand for permanent staff in Scotland increased in September. The rate of expansion was the softest seen for a year-and-a-half, albeit sharp by historical standards.

IT & Computing recorded the fastest rise in permanent vacancies, followed by Nursing/Medical/Care, while Hotel & Catering saw the slowest.

Temporary vacancies across Scotland continued to rise in September, extending the current sequence of growth to two years.  The rate of increase was the slowest since February 2021, but still sharp overall.

Across the monitored sectors, demand for temp staff was strongest in IT & Computing, followed by Accounts & Financial.

Sebastian Burnside, Chief Economist at Royal Bank of Scotland, commented: “Permanent staff appointments across Scotland rose during September following a moderate fall in August, amid reports of improved hiring activity at clients in some sectors and strong demand for workers.

“The rate of growth was only mild, but nonetheless outpaced the UK-wide average. Temp billings also increased, with growth ticking up since August to a solid pace.

“The imbalance between staff demand and supply continued to place upwards pressure on pay in September.

“The latest survey showed that both permanent and temporary staff availability continued to decline sharply, which drove further increases in temp pay and starting salaries at rates seldom seen in the history of the survey.”