Tag: hirings

Jobs shrink in the UK

Jobcentre-plus-KPMG has reported that the UK saw its slowest growth of job vacancies for seven months during March 2013.

The latest findings form part of its Recruitment and Employment Confederation (REC) and report on jobs, collated through survey data provided by recruitment consultancies.

The availability of candidates to fill permanent job roles decreased for a fourth successive month in March. However, KPMG pointed out that the rate of deterioration remained only “modest.” It said the availability of temporary/contract staff meanwhile increased slightly, maintaining the trend seen since the turn of the year.

It was also better news on the pay front with the company reporting that permanent staff salaries and temporary and contract staff pay both increased at moderate rates over the month. It said in the case of the latter, inflation was at a 12-month high.

The Midlands, North and South all registered higher permanent placements in March. London, however, saw a renewed decline following two months of growth.

Private sector vacancies continued to increase during March. Expansions were signalled for both permanent and temporary staff,  however KPMG pointed out that these were at slower rates compared with February.

In the public sector, demand for temporary workers increased for the first time in three months. However, demand for permanent employees was down marginally.

The strongest rate of expansion was signalled for IT and Computing staff, a trend carried on from February, while hotel  and catering registered the slowest growth of vacancies.

For the fourteenth consecutive month, nursing/medical/care was the most in-demand category for temporary/contract staff during March.

Geeks more in demand than fashionistas

BillgatesIT and web design hirings are growing at a much faster rate than those in retail, research has found.

According to specialist technology recruiter Greythorn, 32,000 IT and web design jobs were created over the past year, marking a 12 percent rise, while retail job hirings rose by only three percent.

In the IT sector the biggest increase in jobs has been in web design which has risen 19.4 percent from 31,000 to 37,000 roles. The number of IT business architects and system designers has also risen 18.8 percent from 85,000 to 101,000 in the same period.

Graythorn said the contrast in hirings could be put down to the fact that online spending in the retail space had grown.

According to figures by the British Retail Consortium, online sales grew 10.9 percent in the year to February 2013, two and half times the rate of total retail sales, while the Office of National Statistics found an 8.7 percent increase in online retail sales despite a 0.6 percent year on year fall in overall retail sales.

Graythorn said that this had a knock on effect on the IT industry with large retailers hiring staff to work on their online and IT teams. One example is John Lewis which announced it would be hiring 100 new online staff, while making managerial cuts on the shop floor.

From their own figures, Greythorn said it had also seen growth of 89 percent in IT roles placed in online retail over the past year, compared with the previous twelve months.

Mark Baxter said as online shopping grew, companies were increasingly investing in improving the customer experience and the back office operations supporting online sales. He said this was a key stage in transferring to a high tech economy.

“The number of specialised new roles is growing and that is only good news for IT professionals,” he added.

As well as an increase in jobs, IT salaries are also typically higher than those in retail. The average salary of an IT system designer is £37,092, whereas a Retail Manager, with a similar level of seniority, earns an average salary of £21,237.

However, the recruiter pointed out that due to increased numbers and new roles, IT pay had seen slow growth with rises of 0.35 percent for IT system designers and 1.18 percent for software developers, and there has been a -0.45 percent fall in pay for web designers.

Pay growth in retail was described as a “mixed picture”, with strong rises of 3.13 percent for retail managers, but falls of -2.01 percent and -2.39 percent for sales cashiers and retail assistants respectively.

Qualcomm raises 2013 outlook

snap dragon Qualcomm has posted  strong quarterly results for the beginning of 2013, which have led to the company raising its revenue and earnings predictions for the upcoming year.

The chip company said saw its net income grow by 36 percent for the first quarter fiscal 2013,  hitting $1.91 billion, while revenues totalled $6.02 billion, up 29 percent year-over-year.

Qualcomm chief exec Paul Jacobs put the results down to a “growing global demand for smartphones” and the company’s portfolio of 3G and 4G LTE processors.

He added that the company’s broad licensing partnerships and “extensive chipset roadmap”, including its new Qualcomm Snapdragon 800 and 600 processors, had also attributed to the growth.

Revenue from licensing fees grew by 20 percent to $1.82 billion, while equipment and services sales rose by 33 percent, generating the company $4.2 billion.

As a result of the stronger than anticipated results, the company said that it is adjusting its full year outlook from a previous revenue prediction of $23.4 billion to $24.4 billion.

Qualcomm also made some announcements regarding its senior level staff.

In a separate statement Qualcomm said that it would be saying goodbye to CFO William Keitel, who it retiring after 11 years at the post.

Keitel, who will step down on 11 March, will be replaced with George S. Davis, who is currently executive vice president and chief financial officer of Applied Materials.