Wednesday 8 December 2010

Companies looking to recruit in 2011


Almost one-third of UK businesses intend to hire more staff over the next year, according to a new report from PricewaterhouseCoopers (PwC). It found that 28 per cent of companies expect to bolster their headcounts in 2011, compared to the 15 per cent who predicted expansion for 2010 questioned last year.

Businesses across the UK and Europe are now looking to hire again following the recession, the company claimed – pointing to a rise in the number of entrepreneurs growing new businesses. While 43 per cent of employers claimed they would be making cuts last year, this figure has now dropped to 16 per cent.

Michael Rendell, head of HR services at PwC, said: "The expected headcount increases are encouraging news for the job market and suggest the private sector will be able to accommodate those public sector workers who are made redundant We expect demand to be particularly high among services, technology and manufacturing industries."

The Recruitment and Employment Confederation and KPMG's monthly Report on Jobs has pointed to increased hiring activity throughout 2010, in both the permanent and temporary labour markets.

However, the rate of growth has slowed in recent months, with employers cautious about the effects of the government spending cuts.

APA

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