Market Update October 2023
Categories Business

Market Update – October 2023

We canvassed the companies and candidates we work with to get an insight into the current market, as we enter the final quarter of the year – a traditionally buoyant period.

Also, now that most companies have settled upon their working pattern post-Covid, a number are turning their attention to their benefits packages, no doubt in part as a result of the ongoing cost of living crisis. We have therefore surveyed both our clients and candidates, in the hope of providing insight into what employers are offering, as well as what candidates actually value.

If you would like to discuss anything in this report with us further, please get in touch.

Corriculo - Market Update - July 2023 v4
Categories Business

Market Update – July 2023

We canvassed the companies and candidates we work with to get an insight into the current market, as we start a new quarter and move into the second half of the year. Also, with so much being discussed in the media about generative AI, and what it means for the future of work – let alone mankind (!) – we wanted to understand how widespread the current adoption is, within the companies that we work with and represent. If you would like to discuss anything in this report with us further, please get in touch.

It Recruitment discussion
Categories For Candidates Business For Clients IT

The Cost of Living Crisis and its Impact on Careers

The Cost of Living Crisis sadly isn’t going anywhere soon. Due to a combination of factors, inflation in the UK rose to over 9% between 2021 and 2022. At the same time, permanent salaries fell 7% according to APSCo.

This has put a squeeze on both employee and employer finances, and has radically transformed the job market in less than a year.

While in February 2022, Heat Recruitment found most workers valued work-life balance above pay, the Cost of Living Crisis has forced a rethink. This crisis isn’t just affecting the number of candidates in the job market. It’s also changing the type of jobs prioritised, and the wages workers expect.

In this article, we’ll take an objective look at the trends between the Cost of Living Crisis and work opportunities for both businesses and workers, plus how companies can come out of this crisis stronger than before.