Private sector will increase permanent headcount throughout 2011

24 June 2011 In Financial Careers

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Over the next six months there will be increased hiring of employees in the private sector, with around a third of employers looking to take on permanent staff.

A survey conducted by the Confederation of British Industry (CBI) and recruitmen company Harvey Nash revealed that 29% of the 335 employers surveyed were intending to hire more staff from June to December.

The employers surveyed accounted for 3.5 million people currently within the workforce.

The survey also revealed that 26% of employers expected to make no change to their recruitment activities, with over 40% believing morale remained relatively high amongst their employees.

However, pay freezes continued to rise from 14% last October to the current figure of 23%, reflecting that employers can’t match their compensation with the current rate of inflation and higher costs of living.

Interim accountants looking to target private firms should also consider permanent opportunities as there may well be more of them in the year to come.



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