The Treasury crackdown on the City bonus culture is affecting jobseeker’s behaviour, according to a City recruiter.
The Treasury is reported to be imposing conditions on the remuneration policies of banks which are participating in the government’s new asset protection scheme.
Cabinet Office guidelines aren’t designed to disadvantage individuals without security clearance, but in practice the short timescales placed on recruitment agencies are often unrealistic for giving candidates enough time to go through the full clearance process (recruiter.co.uk, 14 April, ‘IT recruiters react to The Times claims’).
The UK’s green jobs revolution will create jobs across a number of sectors, not just in energy, according to Ben Cartland, associate at Acre Resources.
Last month, Prime Minister Gordon Brown announced an innovation fund of £150m which will be used to gain private sector investment in biotechnology, life sciences, low carbon technologies and advanced manufacturing.
The prime minister, in a speech to the TUC Conference in Liverpool today, indicated that the Agency Workers Directive will be included in the new legislative programme for the next parliamentary session, meaning that the directive cannot be implemented in April 2010.
The proportion of engineering contractors out of work for 90 days or more jumped by over a third (38%) in the last quarter, according to new research.
The research, from contractor services provider giant group, also shows 21.7% see job security as their prime concern when choosing a new job.
Online retail will not replace high street operations just yet, according to retail recruiters.
Despite the slowdown on the high street, Monday was the biggest online shopping day this year, with sales volumes up 18% and values up 14% as consumers flocked online to purchase their Christmas presents, according to online market intelligence firm Hitwise.
The service sector continued to contract in December, while the jobs climate is the worst on record, according to the CIPS/Markit Survey.
The survey showed that the adjusted Chartered Institute of Purchasing and Supply (CIPS)/Markit business activity index remained well inside negative territory, posting 40.2, broadly unchanged on November’s series low of 40.1.
The Professional Contractors Group (PCG) has appointed Iain McIlwee as its new head of commercial development.
James O’Brien, a director of LPA Legal, told Recruiter that law firms didn’t want to be seen hiring staff in one area while making redundancies in another. However, he predicts that after a quiet first quarter, things will pick up.
