A major global survey of employment trends has found that the United Kingdom’s professional job market has shown signs of improvement over the past quarter.
In its latest ‘Global Snapshot’ survey, multi-national recruitment firm, Antal International, asked almost 10,000 organisations in major markets such as western and eastern Europe, Africa, India, China and the USA whether they were currently hiring or firing at professional and managerial level. The survey then went on to identify if businesses planned to do so in the coming quarter.
The report found that hiring levels in the UK have remained fairly positive with 50% of employers hiring at managerial and professional level, up by 5% on earlier predictions. This growth is set to continue with 53% of businesses planning on recruiting for senior roles in the next three months.
However, in a country fuelled by talent management strategies, UK retention levels have faltered, with the proportion of British companies currently firing currently at 41%, 11% up on figures reported earlier this year.
“With the global economy showing sporadic signs of improvement, it’s encouraging that levels of managerial and professional recruitment have begun to creep up on those registered in the last editions of the Snapshot,” says Antal’s CEO, Tony Goodwin. “Many figures in this latest survey suggest that there are green shoots of employment positivity. It’s perhaps difficult to create a complete picture, but reports from our network suggest that, having gone through an elongated period of doing more for less, many businesses are keen to refresh their senior level talent pipelines and gain further competitive advantages with new skills. It will be interesting to see how these figures compare in the next quarter, but for now it seems a positive future could be on the cards.”