Recruitment Watch - January 2011

Welcome to the January 2011 edition of Mishcon de Reya's Recruitment Watch, prepared by the Firm's Recruitment Services Group.  Its aim is to provide those involved in the recruitment sector with a snapshot of what has been happening in the world of recruitment in the last month.

News

Market

City job vacancies in December were up by 18% to more than 2,600, compared to the same period in 2009, according to Astbury Marsden.
Brian Groom, Financial Times, 14 January 2011

The monthly survey by the Recruitment and Employment Confederation and KPMG has found that permanent and temporary recruitment rose in December, though at a slightly weaker rate than the three-month highs reported in November, driven by hiring in the private sector.
Brian Groom, Financial Times, 12 January 2011

Companies

Selby Jennings, the financial services recruitment company, has launched a dedicated executive search business called Selby Jennings search after internal research found that recruitment in the sector could be up in 2011 by over 300% compared to 2008.
Recruiter Online, 14 January 2011

Robert Walters has reported a 42% increase in gross profit for the fourth quarter of 2010, up to £40.6m, compared with the same period in 2009.
Recruiter Online, 10 January 2011

Michael Page has reported a gross profit of £442.1m for 2010, a 25.7% increase compared to 2009.
Recruiter Online, 10 January 2011

Mishcon de Reya Workshops 

Mishcon de Reya's Recruitment Watch is published by the Recruitment Services Group of Mishcon de Reya Solicitors who were established to meet the demands of their clients within the recruitment sector. The Group is made up of cross departmental specialist lawyers who are able to meet the diverse legal needs of the recruitment industry, with wide and varied experience within the sector and who have a proven track record in being able to meet the growing demand for a one-stop service amongst their recruitment clients.