News

Temp pay rockets in November

Last month saw the UK’s temporary workforce receive its biggest average pay rise since July 2007, the eve of the financial crisis, according to figures from the Recruitment and Employment Confederation (REC).

People working through temp agencies enjoyed the biggest increases, which REC attributed to a less mobile UK workforce due to people being wary of switching jobs in the face of Brexit. The organisation pointed specifically at hospitality and warehousing as the key sectors finding it particularly tough to fill permanent vacancies and turning to temps to fill the gap.

“It’s very much a candidate’s market at the moment and demand for workers is driving a sharp increase in starting salaries,” said James Stewart, vice chair of accountants KPMG, which sponsors the monthly survey.”Candidates who are prepared to take a chance and job hop can often bag a pay rise as a result.”

What does this mean?

Although they may currently have to pay more for temporary staff, companies can reduce the costs of finding suitable temps using TempRocket, which is free for hirers to use.

Read more at https://uk.reuters.com/article/uk-britain-economy-rec/uk-temporary-workers-enjoy-biggest-pay-rise-since-2007-rec-idUKKBN1O603O