Browse our jobs and apply for your next role.
Here to help you fill your next vacancy.
Garry
Royal Bank of Scotland regularly produces jobs reports for the Scottish market. Our recruitment agency believes that this is always great to share with our clients. It’s very useful when they are considering pay increases.
The Royal Bank of Scotland Report on Jobs is compiled by S&P Global from responses to questionnaires sent to a panel of around 70 Scottish recruitment and employment consultancies.
Hiring activity across Scotland fell again in February, according to the latest Royal Bank of Scotland Report on Jobs survey, compiled by S&P Global. Recruiters reported falls in both permanent staff appointments and temporary billings. However, trends diverged as permanent placements fell at the quickest pace in 15 months, while the downturn in temp billings moderated since January. According to anecdotal evidence, economic uncertainty and subdued demand for staff had weighed on hiring decisions. Demand weakness was highlighted by marked falls in both permanent and temporary vacancies during February. However, pay pressures persisted amid competition for suitably-skilled workers.
• Sharp rise in permanent starting salariesAs has been the case in each month since December 2020, pay increased for permanent new joiners across Scotland during February 2024. The rate of salary inflation quickened to the fastest since November, after having softened to a near three-year low in January 2024. The rise in salaries was widely attributed to shortages of suitably-skilled candidates. For the first time since November, the rate of salary inflation across Scotland was stronger than that seen for the UK as a whole.
• Temp wage inflation eases in February, but remains sharpLatest survey data signalled a sharp rise in temporary staff pay across Scotland in February 2024. The rate of wage inflation softened since January but was slightly quicker than the long-run average. A rise in temp pay was also observed at the UK level, albeit one that was weaker than that seen for Scotland.
Thank you for taking the time to read our blog post. If you’re looking for top-tier talent, please don’t hesitate to reach out to the Allstaff team today.
You can access the whole RBS report by clicking here!
Source: RBS