HR: Half Year Review
27 June 2017
As we approach the halfway mark of 2017 – and where have those first six months gone? – it seems an entirely prudent time to reflect on all the goings on of the HR market so far. Our well-established team in HR Consultancy have gathered our thoughts and put together a little summation of our experiences of the market to date.
It has been a busy start to the year in Scotland, particularly across temporary and short-term contract roles, with the hot spot for Q1 and Q2 being the £20-30k salary bracket across temporary and permanent positions. However, roles below £20k and above £40k seem to have become more scarce. This is pushing immediately available candidates who would typically sit within a higher pay bracket to consider roles at a more junior level of the market. Replacement vacancies of candidates who have left posts in the £50k plus space are being met with downgraded roles.
However, niche roles such as systems, reward and graduate recruitment are demanding a premium salary due to the lack of available candidates in the market. Demand for HR Advisors between the £26-30k salary has been particularly high and is causing a shortfall of available candidates – predominantly those available for short-term of temporary contracts.
Candidates are now proving more reluctant to move than in previous years, with more candidates being retained or countered by their current employer.
June saw a spike in the HR market for the number of candidates not taking offers on the grounds of:
- Salary move to great enough to make a jump
- Offered roles closer to home address
- Counter offered to stay in current role
- Lack of benefits / reward and / or flexible working at prospective employer in comparison with current employer
Salary demands of graduates are higher than before. The “Millennial question” is prevalent now more than ever – with many candidates holding out for the right opportunity coupled with the right salary.
Salaries for HR Assistants have been rising steadily over the last few years (approximately £20-24k, on average, now). However, HR Advisor salaries have sadly not seen the same increase, remaining stagnant at approximately £25-30k. This, coupled with the rise in demand for this level of candidates, has meant that candidate availability is becoming much more limited. Attraction to HR Advisor posts be experienced candidates is lower and there is a rise in more junior candidates stepping up and accepting these positions.
There are also huge trends in companies looking at efficiencies within HR and becoming more commercially focussed than ever before. This means looking at organisational design, restructuring and implementation of new HR and Payroll systems. Larger businesses are becoming more and more focussed on the retention of their current employees and attracting the best talent from the market through their reward and talent development programmes.
As we have a team of four dedicated HR recruiters with 45 years of recruitment experience between us, we have a large network of candidates and clients. We have active talent banks of both permanent active, permanent passive and immediately available candidates at all levels.
If you would like to speak to us about your recruitment needs, or taking the next step in your HR career, click here to get in touch.
Written By Monica Lochrie