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Recruitment Watch - September 2010

Welcome to the September 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

According to the latest Recruitment & Employment Confederation and KPMG ’Report on Jobs’, the latest rises in both permanent and temporary staff appointments were the least marked since October 2009.
Recruiter, 15 September 2010
 
A new report from the Centre for Economics and Business Research predicts that unemployment will exceed 10% in most of the UK’s regions over the next five years, with the North-East, Yorkshire & the Humber, West Midlands, Wales, Northern Ireland and the North-West, likely to be the worst affected areas.
Recruiter, 15 September 2010

The Manpower Employment Outlook has shown that the UK will see a continuing static hiring rate as employers remain only mildly optimistic about future hiring prospects.
Recruitment Consultant, September 2010

Trends / Practice

Tom Hadley, director of The Recruitment and Employment Confederation, has said that recruitment companies are having to use more flexible tactics and reduce their fees to survive.
Vicki Owen, Mail on Sunday, 12 September 2010

Companies

Jane Atherton and Julia Vassie, two of the original founders of recruitment company Huntress, have launched a new agency in Central London called Love Success.
Vanessa Townsend, Recruiter, 15 September 2010
 
Staffline has reported a rise in pre-tax profits  £2.1m for the six months to June 30 compared with £1.4m last year.
Gill Plimmer, Financial Times, 7 September 2010
 
Michael Page International is planning to open an office in Chile later in 2010 and is considering a move into India as well.
DeeDee Doke, Recruiter, 1 September 2010
 
BraveNewTalent.com, a social recruitment site, has acquired HereComesTheBoss.com, a specialist careers advice video site.
Recruiter, 1 September 2010
 
Monster has acquired Yahoo! HotJobs, with the aim of giving European based employers greater access to skilled US workers.
Recruitment Consultant, September 2010
 
Robert Walters has said that it will open its first office in South Korea this year and is looking at opening branches in Vietnam and Taiwan.
Gill Plimmer, Financial Times, 27 August 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.