The latest KPMG/REC Report on Jobs has been released and it makes very positive reading for the science sectors. The pace of growth of permanent vacancies has continued to grow, with the increase nearly back to February’s record figures. While the rise in temporary vacancies in the science field continues to increase, it is slower than on the permanent side which is a reflection of the growing confidence of employers to invest in staff long term.
The report reflects what we are seeing in the day to day job market with a decline in candidate availability and the fastest growth in permanent salaries since July 2007. As a result we are starting to see permanent salaries for scientists starting to rise at above inflation rates for the first time in over 5 years. This is what we have needed in the industry to help attract new graduates to whilst retaining the highly skilled specialists in the sector.
Science and engineering are among the fastest growing sectors in the economy, which is great news for our industry.
If you would like more information on this report or the current labour market contact Liam O’Connell at firstname.lastname@example.org