Recruitment Watch - March 2010
Welcome to the March 2010 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
A global survey of 61,000 employers by Manpower has found that employers in Britain are still postponing plans to recruit new employees until they see a sustainable demand re-emerging.
Brian Groom, Financial Times, 9 March 2010
Research by ReThink Recruitment has found nearly half of IT directors are planning to hire more staff in 2010, compared with just 17% who are planning to cut jobs but most companies are planning to freeze salaries.
Maija Palmer, Financial Times, 8 March 2010
Trends/Practice
Research by Pimsoll has found that 136 of the top 1000 recruitment companies in the UK are vulnerable to being acquired at a bargain price by companies that have built up cash reserves.
Recruitment Consultant, February 2010
Companies
Balfour Beatty Workplace has created an in-house recruitment consultancy, which is currently handling about 50% of vacancies within the company.
Graham Simons, Recruiter, 17 March 2010
SThree has said it might increase staff levels by 10-20% following signs of an improving market for skilled IT workers.
Gill Plimmer, Financial Times, 9 March 2010
Adecco has reported a fall in net profits to €8m in 2009, compared with €495m in 2008 but the company has said that there has been an improvement in its markets in the fourth quarter of 2009, which has continued into the first two months of 2010.
Haig Simonian, Financial Times, 4 March 2010
Legal Developments
Legislation
The Social Security (Medical Evidence) and Statutory Sick Pay (Medical Evidence) (Amendment) Regulations 2010, which introduces changes to GP medical certificates, comes into force on 6 April 2010.
The Agency Workers Regulations 2010, which will bring the provisions of the Agency Workers Directive into force on 1 October 2011, have passed into law.
Cases
Healthcare Locums and First Call Medical have agreed an out-of-court settlement ending court proceedings between them.
Recruiter, 17 March 2010
Mishcon de Reya
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.