Budget 2013: relief for the jobs market

While George Osborne’s ‘aspirational’ budget may not have convinced the entire nation, it has revealed some positive news for those still struggling to find work.

The Chancellor opened his speech with some encouraging statistics for 2013: an additional 600,000 people to be employed by the end of the year, 60,000 fewer benefits claimants and six private sector jobs being created for every public sector one lost.

All of this indicates some relief for the jobs market and a welcome reduction in the level of competition for individual roles. And with additional supportive measures such as the new personal tax and employment allowances, we are expected to see “more people in work than ever before,” according to The Recruitment & Employment Confederation (REC).

Locally, business leaders and politicians in Peterborough have largely embraced the budget and recognise its value in boosting the city’s economy. In particular, the reduction in National Insurance Contributions has received praise from small businesses and firms, who will now be in a better position financially to create jobs and start hiring.

It’s these kinds of measures that will help to generate a much needed boost of confidence in our local jobs market, confidence that the team here at ACR will naturally support and help to implement.

As REC rightly observes, “tweaks to the tax code that cut the cost of hiring, rewarding workers with more take-home pay and reducing the corporate tax burden on businesses are positive examples of some targeted steps that our industry should welcome.”

We’ll be working closely with our clients to encourage and develop future job roles, as well as providing our candidates with new and exciting opportunities for work in the local area.

ACR is moving!

I’m delighted to announce that the ACR team will be moving offices in a few short months.

Work is now under-way at our new premises on the Peterborough Business Park at Lynch Wood.

It means leaving our city centre base on Park Road, however the move will be instrumental to our ongoing business development plans by bringing us closer to our existing and potential clients. And with all candidates now sending in their CVs digitally, a central location is no longer a necessity.

The accessibility of Lynch Wood was also a contributing factor to the move, as it is close to the A1 and boasts excellent public transport links. The new building has ample parking space and more interview rooms to make life easier for our meetings with clients and candidates.

Having launched the business 18 years ago, I have witnessed first-hand the many ways in which recruitment has changed and the adjustments that have had to be made in our day-to-day operation as a result.

Our latest move reflects our long-term commitment to remain fresh, modern and contemporary without losing the intrinsic business values which have helped us retain so many clients over the years.

We are hoping to make the move late spring/early summer, with business continuing as normal at our Park Road office in the meantime.

We will be making sure we keep everyone up-to-date with the latest news regarding the move but please do get in touch if you have any queries, either via email or by telephoning us on 01733 319 888.

With 2013 already off to an exciting start, I look forward to what the rest of the year will bring as we welcome clients and candidates to ACR’s new home very soon.

Latest research shows renewed confidence in UK jobs market

In my last blog post, I gave some predictions for the year ahead after a busy and insightful month working with both clients and candidates.

Now a recent survey conducted by the Recruitment and Employment Confederation (REC) has revealed some promising statistics regarding the growth of the UK jobs market on the whole, which I’m delighted to see reflects our experiences here in Peterborough.

600 employers contributed to the report, which showed that overall business confidence is steadily building, with 57% of employers looking to increase their permanent workforce in the next three months.

It’s this type of good news that needs shouting about, particularly when there has been so much negativity surrounding the job losses within a number of high street retailers over the past few months.

This latest research demonstrates the ongoing resilience of the jobs market, as well as highlighting the areas that have a need for more workers.

Skills shortages in the Technical & Engineering and the Professional & Managerial sectors have incited a race for talent, with a third of employers looking to increase their use of temporary workers – the benefit of which ACR has long been champions of.

All of this bodes extremely well for us locally, as many of the area’s prominent businesses belong to these sectors. Myself and the team at ACR continue to be engaged with and responsive to the hiring processes of a number of clients within these industries, working alongside HR managers and directors to find the right temporary or permanent candidate with the right skills and attributes for their company.

If any of the REC’s findings sounds familiar to you, do let us know. We make it our business to keep up-to-date with the latest news and issues affecting employers, regularly using our own polls to ask some of the most pertinent questions. Please see our dedicated hirers section on the website for more information.