More than half of financial services firms expect recruitment to rise in H1 on H2 2010, according to Morgan McKinley’s 2011 hiring market survey.

Meanwhile, more than a third of managers (34%) expect their organisations to focus on replenishing staffing levels, while another third (36%) anticipate equal focus on new headcount and replacement hiring

Comparing permanent and temporary recruitment predictions, 54% of managers anticipate a rise in permanent hiring in H1 2011 compared to 29% of managers planning to hire temporary staff.

Elsewhere, the Morgan McKinley Employment Monitor for December reveals a 48% monthly decrease in the number of new vacancies on the London financial services jobs market, although the volume of jobs once again registered an uplift (8%) on the same month of the previous year

The number of new candidates in December 2010 fell by 33% compared to November 2010, but rose 43% on December 2009, while average salaries for those securing new jobs in December 2010 rose by 6% month-on-month.