Archive for May, 2009

Challenging job options

Thursday, May 28th, 2009

The majority of sectors has been affected but for graduates and school leavers it may be even tougher.

“Against this backdrop, graduates and school leavers need to sharpen their case for being picked ahead of their classmates – and fast.” according to Gerwyn Davies, the Chartered Institute of Personnel and Development policy advisor.

In the CIPD report it shows that just 17% of employers plan to hire 16-year-olds leaving school in the quarter, while a third plan to hire school leavers at eighteen.

Less than a half of employers plan to hire university leavers and 45% and 54% of the private and voluntary sectors respectively are not planning to hire young people.

Desperate times requires… yes, it maybe time to get a professional to look at your CV. Or one of the most effective ways is to get it checked AND to distribute it to the right decision makers. For more info visit CV Broadcaster.

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Employ a job search expert

Friday, May 22nd, 2009

It is practically impossible to find all available jobs which may apply to you.

Firstly, because only 65% to 75% of jobs are being advertised
Secondly, in the current market lots of jobs are being filled by word of mouth
Thirdly, searching for jobs is so time consuming it is almost a full time job in itself
Fourthly, covering all the mediums where jobs are being advertised are impossible, these include; job websites, blogs, social media, employer websites, newspapers and radio stations

So, why don’t you employ someone to supplement your job search? Someone who can search all those different mediums, someone who will cover employers, head hunters and recruitment agencies someone who understands your requirements. Yes, I hear you say, but it will come at a price! Yes, it does come at a price but how much are you willing to pay someone to do this for one week or one month as it takes over 60 days to find and start a new job?

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So, here is the good news. You do not have to employ someone and it will not cost you an arm and a leg to get your CV to every single employer head hunter and recruiter we hold on our database with live jobs. We’ve been doing this for years and have a database of thousands of employers and recruiters against who we match your specific requirements. It will cost a mere £19.97 this bank holiday weekend and we match the typical CV to +100 recruiters and employers.

To make use of this exclusive offer submit your CV and we’ll deliver it to the desks of those recruiters and employers who needs what you’ve got.

Have a cracking weekend!

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Job Cuts Rocket but there is hope

Friday, May 22nd, 2009

These stats are nothing but frightening, but it is good to take notice, adapt where necessary and move on. I’ve included a number of massive job cuts planned and also of a few bits of hope.

Unemployment has hit 2.22 million
There are now 2.22 million people out of work in the UK according to figures released yesterday.

The number of people out of work in the UK rose 244,000 to 2.22 million in the first three months of 2009 according to the Office for National Statistics.

The jobless rate rose from 6.7 per cent to 7.1 per cent, the largest since 1981. Unemployment benefit claimants in April rose 57,100 to 1.51 million.

BCC reports
The manufacturing sector continued to be battered by the recession but the service sector has shown some grounds for optimism, according to a new report from the British Chamber of Commerce (BCC).

The report shows that manufacturing’s employment balance fell 19 points in Q1, to -36%, the lowest for 20 years. The sector’s employment expectations balance improved 6 points, to -35%, but is still very weak by historical standards, while sector’s Q1 confidence plunged to new record lows

Michael Page redundancies
Michael Page continued to cut staff numbers during the first quarter of 2009 as the impact of the financial crisis continued to affect its business.

The number of staff employed by the company at the end of March was 4,134 compared with 4,943 at the end of 2008, a 16% reduction. Headcount at the end of March 2009 was 24% lower than a year ago.

UK headcount fell by 262 during the quarter from 1,640 at the end of 2008 to 1,378 at the end of March, a 16% reduction.

Steve Ingham, chief executive of Michael Page, told a conference call: “These are tough times. Clearly it is not enjoyable reducing headcount, but we are reacting to market conditions well and will continue to do so.”

BAE Systems to cut 500 UK jobs
Defence company BAE Systems plans to close three UK-based factories.

A spokesperson from the company, which currently employs 1,820 people in the UK, says Guildford, Leeds and Telford will close with the loss of some 330 jobs; 50 jobs will be lost at Newcastle and seven jobs will be lost at Leicester, among other efficiency savings.

Dugald McIntosh, operations manager at Elan’s defence division, which works with BAE, said at least half of the defence contractors had announced redundancy programmes and he expects the trend to continue.

HR jobs hit by recession
Senior level HR recruitment has been hit hard by the recession, according to multi-sector recruiter Badenoch & Clark’s professional talent survey 2009.

Guy Emmerson, associate director, human resources, Badenoch & Clark, says: “The job market has seen almost a 65% drop in HR vacancies compared to this time last year. Senior vacancies are bearing the biggest brunt, with most organisations choosing instead to make the best use of their mid-management team.”

Financial jobs slump
Financial recruitment declined in April, according to the Morgan McKinley London Employment Monitor.

The volume of new job vacancies in April were down by 20% on the previous month and declined by 69% compared to April 2008.

Jobseekers took an average of 61 days to get a new job, four days longer than it would have taken them a year ago.

The number of financial services professionals who started looking for new work in April 2009 fell 4% on March 2009 and 40% compared to a year ago (April 2008), while average City pay registered £52,106, 7% up on the same month last year (April 2008).
Andrew Evans, managing director of Morgan McKinley, says: “While the decrease in new City job vacancies was to be expected in April 2009 as the month included the Easter break, it did put an end to the small uplifts in hiring seen during the previous three months of the year.

“It is clear from these figures that recruitment activity continues to be at reduced levels compared with a year ago and the sizeable gap between the number of new candidates and vacancies highlights that the financial services jobs market in London is still extremely competitive.”

BT slash 15,000
BT has announced it is to shed 15,000 jobs this year, most of which will go in the UK as it reported losses of £134m.

The BBC reports that BT’s problems stem from its global services unit, which handles the network systems of big organisations. BT added it had taken a near £1.5bn write-down at this unit.

Dubai could scrap 27 projects
Dubai could scrap 27 building projects, according to the head of its real estate regulator.

Marwan bin Ghalita, the head of the Real Estate Regulatory Agency (Rera), told news website Emirates Business 24-7 that a decision would be made by the end of the month. “The decision has not been made. There are projects all over Dubai – third -party projects (sub developers).”

2,000 Construction apprenticeships at risk
Training body ConstructionSkills has warned that up to 2,000 apprentices are at risk of losing their job this year.

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However, recruiters say public sector schemes will provide opportunities.

HOWEVER Commercial Recruitment show signs of improvement

As the International Monetary Fund (IMF) praises the UK government for its “bold and wide-ranging” response in containing the economic downturn, commercial recruiters are seeing signs of an improvement in hiring intentions.

Consulting and property vacancy slump

Consulting and real estate advertised vacancies continue to decline, while there has been a rise in the number of public sector and medicines posts in the past six months, claims management jobsite Experteer’s jobs monitor.

The monitor shows that public sector and medicine vacancies rose by 13% and 10% respectively, while consulting and real estate showed the biggest relative declines.

Torsten Muth, managing director of Experteer, says: “While there is no denying that it has never been tougher to secure a senior position, senior vacancies are still in existence in particular industries.

“Executives in the consulting and real estate professions should consider carefully whether their experience might be relevant to other job functions or other disciplines.”

IT Improve
The number of UK IT directors looking to take on IT staff still exceeds those looking to cut headcount, according to research by IT recruiter ReThink Recruitment.

The survey shows that 34% of IT directors plan to increase IT staffing levels over the next year compared to 20% that say they intend to cut their workforce. The other 46% of IT directors expect that they will freeze recruitment for the next year, while 32% of IT departments have already cut staff in the year.

Service Sector improves

Confidence among service sector businesses has continued to recover, according to the CIPS/Markit Business Activity Index.

Confidence rose to its highest level since May 2008, with nearly 46% of the survey panel predicting a rise in activity in a year’s time.

The headline seasonally adjusted CIPS/Markit Business Activity Index recorded 48.7 in April, but below the 50.0 no-change mark.

April marked the 12th successive month in which service sector jobs have been cut in line with existing workloads.

Roy Ayliffe, director of professional practice at the Chartered Institute of Purchasing & Supply (CIPS), says: “The health of the UK services economy showed some signs of recuperation in April as the rate of retrenchment eased to its weakest in eight months.

Until next week’s update.

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Jobseeker expectations drop

Wednesday, May 20th, 2009

Jobseekers are revaluating their career options, with 36% of applicants prepared to take “whatever I can get”, according to a recent study.

discouraged jobseekerResearch by recruitment website CVLibrary found that only 16% of applicants are looking for a job better than their previous position. Unskilled trade candidates’ confidence is worst hit with 58% prepared to take any position they can get.

Jobseekers in the financial sector took an average of 61 days to get a new job, four days longer than it would have taken them a year ago.

A few key factors to keep in mind:

  • Your CV needs to set you apart from other job applicants
  • Your CV needs to be concise, recruiters receive an overload of CVs, keep it short and powerful
  • Your CV needs to reach the right people

You need to walk the extra mile in current market conditions to get more exposure. This is NOT achieved by applying to every vacancy you see weather relevant OR almost relevant. Keep your applications relevant.

A brilliant tool to consider is CV broadcaster. They carefully match your CV to a database of recruiters and employers with “live jobs”. This tool can deliver your CV to hundreds of potential recruiters in a few short steps. To review the options visit: CV Broadcaster.

All the best with your job hunt!

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Work pressure – do you take your laptop to bed?

Tuesday, May 19th, 2009

Times are changing and work is creeping into our personal space. More than one in four of us are finding it so hard to switch off from work that we cannot resist using a mobile device such as a laptop before bed, according to a survey by data protection specialist CREDANT Technologies.

The survey also found, of those that do use mobile devices in bed, 57% do so for between two and six hours every week, while 8% said they spend more time using such devices than talking to their partners.

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Michael Callahan, vice-president at Credant Technologies, says: “This survey confirms that there is a growing population that is no longer restricted by working hours or confined to the office building itself. People are mobile and will work anywhere – even in bed.

“Therefore, when sensitive and valuable data is being held on these devices and they get lost, it can have pretty detrimental and far-reaching consequences to both the worker and their employer.”

Don’t wait for New Year, it may be time for a new job and a better lifestyle.

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Executive searches fall by a 35%

Tuesday, May 19th, 2009

Worldwide executive searches fell 35% in the first quarter of 2009 against the same period a year ago, according to the Association of Executive Search Consultants (AESC).

Chief Executive

Average net revenues were also down 38% for the same period, AESC’s ‘Q1 2009 State of the Executive Search Industry’ report revealed.

Senior executive recruiting, an estimated $11bn (£7.2bn) industry before the downturn, experienced record profits by the end of 2008 following five consecutive years of exceptional growth.

The latest data represents the first quarter where significant declines were felt across every region and industry, proving that executive recruitment has been affected by a large and fast recession.

AESC president Peter Felix says: “The figures for the last quarter underline the severity of the impact that the global recession has had on organisations and businesses around the world. No region, industry or function has been unaffected.

“Top management have been caught in the headlights of overwhelming uncertainty and have acted more to protect assets and reduce costs than to plan for the future. It is no surprise that the worldwide executive search profession has been affected.”

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Executive searches in the financial services industry suffered the hardest blow with a 41% yearly drop in the first quarter of 2009. The industrial sector, which holds the largest industry market share, fell 27% year-on-year.

Senior executive searches in the life sciences/healthcare sector showed the least decline in Q1 2009, down 21% from Q1 2008.

Sam Newell, director at executive search firm Mindpool Consulting, told Recruiter he wasn’t surprised at the drop in the number of searches.

“It doesn’t surprise me one bit. I still have searches that are ongoing from Christmas. From the fourth quarter last year I could see clients struggling to find the finances for top hires.

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One in three firms to impose Pay Freeze

Tuesday, May 19th, 2009

Almost a third (29%) of British firms imposed wage freezes on their staff last month as they struggle to survive the recession, while the same percentage are reviewing the performance-related bonuses they offer to staff.

The authoritative monthly report from pay specialists Incomes Data Services showed that of the 78 pay deals it monitored last month, more than one in three were freezes, including companies such as the carmaker Jaguar Land Rover, JCB and the charity NSPCC.

A JCB digger in action

JCB: one of the firms that imposed a wage freeze

BT recently announced that it would give no pay rise to its 100,000 staff this year, while the struggling carmaker Toyota has said it will cut its pay by 10%.

Ken Mulkearn, editor of the IDS Pay Report, said: “Firms most affected by the recession are freezing or pausing pay, with most of the freezes concentrated in engineering and among firms which provide key industrial inputs, such as chemicals manufacturers.”

IDS said there had also been a number of freezes in the finance sector, media, airlines and road transport.

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The ‘Employee Benefits Research 2009’, published last week, found that 43% of managers claim they need to ‘motivate employees to maintain morale’ at this time. But a high number say they plan to implement bonus reviews and pay freezes.

Debi O’Donovan, editor, Employee Benefits, says: “Employers are treading a fine line at the moment. Costs need to be cut, but the only way organisations will get through this recession is with staff who are highly productive.

“Cutting pay causes resentment, but at the moment staff are taking it because they are afraid of losing their jobs.

“There is only so long you can run a company with staff who work hard because they are scared of losing their jobs. At some point, managers have to focus on motivating staff – and that is going to involve some creativity if they want to do that without running up high costs.”

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