Contractors and freelancers could benefit from continuing recruitment freezes as many firms still do not want to make permanent appointments. In fact the latest Manpower report says that nearly 90% of employers do not plan to increase recruitment in the third quarter.
However, there are times when businesses need an extra pair of hands and they are more than likely to look to the temporary market to meet their needs.
Newton engineering consultancy founder, Andrew Hawes, says that although companies are seeing improvements, hiring is still down. Companies seem more interested in getting themselves into a lean, good position at the moment and so recruitment has been put on the back burner. However, once business fortunes improve, permanent recruitment should start to pick up again.
According to a new report from XpertHR, voluntary resignations last year declined due to the recession. The average rate across the nation was 10% in 2008 but they claim that last year it dropped to 8.6%. About 66% of companies reported a fall in voluntary resignations in 2009.
Their survey also showed that only 6% of employees in manufacturing and production left their job voluntarily, whilst the average resignation rate in London was a massive 29%.
The CIPD on the other hand disagrees, saying the turnover rate last year was much higher at 15.7%. It also says there were large regional variations. Areas with low unemployment saw the highest rates of voluntary resignations because it was much easier for people to find alternative employment.
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Image: Frozen Orange Wedges by FotoosVanRobin
