A ‘radical overhaul’ of the engineering sector is required to address ongoing staff shortages, according to Ochre House.
The talent management consultancy found that 80% felt sourcing suitably qualified engineers was either ‘difficult’ or ‘very difficult’, while only 18% believed that they currently had strategies in place to successfully deal with the shortfall.
Professional networking membership is on the rise
Networkers International has announced after tax profits of £1.44m for the six months ended 30 June. This compares with a profit of £1.96m in the first six months of 2008.
Revenue fell to £69.2m from £83.1m for the same period in 2008 and group debt has been reduced to £2.9m (June 2008: £17m).
Oxfordshire is set for a recruitment surge, according to a survey from Oxford-based recruitment firm Allen Associates.
The growing numbers of unemployed young people should take advantage of the opportunities in the hospitality sector, according to recruiters.
This week the Office for National Statistics showed that unemployment for 18-to-24-year-olds was 731,000 in the three months to July 2009, up 36,000 (5%) from the three months to April 2009.
Umbrella company Excellium Umbrella Services has achieved full Professional Passport Approval (PPA).
The accreditation means that Excellium has been fully audited and has passed the compliance standard in the industry.
Cash flow worries as a result of increasing late payments are causing small businesses the most headaches, according to the latest Economic Downturn Panel survey carried out by the Forum of Private Business (FPB).
The number of UK business failures fell to its lowest level in August since September 2008, according to information services provider Experian.
The index reveals that 0.09% of UK businesses failed during August this year, up on the 0.08% recorded in August 2008 but significantly lower than July (0.11%), and the lowest rate of 2009.
Recruitment process outsourcing (RPO) firm Alexander Mann Solutions (AMS) has appointed Michael O’Higgins (left) as chairman.
