Antal International’s latest global snapshot of employment markets shows that hiring activity rose slightly in the last quarter.
52% of the respondents to the global executive recruitment firm’s survey recruited at managerial and professional level, compared to 50% when the last survey was conducted in February. And 52% said they plan to increase their workforce next quarter. Attrition rates in June were 17%, up one percentage point from February and is expected that this figure will remain stable during the next quarter.
Tony Goodwin, the chief executive and chairman of Antal, said the previous Global Snapshot indicated that stability was returning to the global market and this latest survey confirms that. The overall results fit almost exactly with those predicted in the February report with 52% of companies increasing their managerial and professional workforce and just 17% reducing their headcounts.
In February, the Americas outstripped Asia Pacific when it came to demand for professional and managerial staff, but that situation has reversed as 64% of Asia Pacific businesses looked for more employees.
In the UK, the Reed Job Index for June showed demand increased over the majority of sectors. The Index is now 25% above the 100 baseline set in December 2009.
Demand for employees in engineering, general insurance, industrial areas and professional services is now at its highest level since the Index began. On a regional level, East Anglia and the East midlands registered the largest increase in jobs growth, whilst the South East and London recovered from their dip in May.
Although there are now more job opportunities, the salaries on offer are not increasing. In fact, the Reed Salary Index has shown a decrease in the past two months and is now 2% below the 100 baseline.
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Image: Globe by pixagraphic
