“Confidence has clearly returned to Boardrooms around the UK, with employers now determined to ensure they have enough staff in place to meet customer demand. Those who fear that the rise in job placements is a temporary peak in the run up to Christmas are ignoring what can now be viewed as a medium term trend, given the figures from the past few months. Our own research also shows that permanent placements recently reached a 15 year high and something which shows record figures that go well beyond the crash of 2008, must be a sign that 2014 will be a year of entrenched recovery.
“The question now, though, revolves around wages. Inflation may be falling, but with energy prices due to increase, employees will be looking at their pay packets in real terms. As a result employers will find it hard to attract the best people unless they can afford to offer market rates. We could find ourselves in a situation in which jobs are out there but candidates are not.”
Mike Petrook, KPMG Press Office
020 7311 5271 (t), 07917 384 576 (m) or firstname.lastname@example.org
Notes to Editors:
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.