Tag Archives: Contracting News

Monster Employment Index increases by 1% in April

Isabelle Ratinaud, a spokesperson for Monster UK & Ireland, said that “The Monster Employment Index for April demonstrates a positive forecast for worker demand around the UK. In particular, the technical and industrial sectors have seen a boost in activity.  With elementary occupational job opportunities also growing, this is positive for young job-seekers.”

In other parts of Europe Germany continues to do well with an annual growth rate of 45% mainly based on its industrial sectors.

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Powerchex says confirmed job offers fell by 3% in April 2011

Overall the number of offers in investment banking fell by 30% in April. On the figures the founder of Powerchex, Alexandra Kelly, said that \”Many banks are reviewing and restructuring their operations, it\’s probably reasonable to expect that recruitment in the investment banking divisions will slow down. However, with April being so disrupted by bank holidays, we shouldn\’t read too much into these figures. Compared to last year the total figures have still grown and there is a positive sentiment across most of the sector.\”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Scottish Labour Market continuing to improve

The Chief Economist at the Bank of Scotland, Donald MacRae, said that “The latest Report on Jobs shows a further improvement in the Scottish labour market. The number of people placed in to permanent positions increased for the seventh consecutive month, while demand for permanent staff rose markedly in April, with recruitment consultants registering a larger number of vacancies. All eight employment sectors registered greater demand for permanent staff in April. The number of temporary staff vacancies also rose in April, at the fastest rate in four months. Again, all eight employment sectors saw greater demand, with Hotel & Catering recording the strongest growth.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Drop in UK Unemployment Figures

The Head of Policy at the Recruitment and Employment Confederation, Gillian Econopouly, said that “Though this continuing trend is welcome, we cannot lose sight of the fact that the jobs market remains volatile. Our latest Report on Jobs shows that while hiring activity in certain sectors is steadily increasing, there is still concern over the effects of public sector cuts and the creation of a two speed jobs market. Employer confidence is on the rise which gives some optimism for how the employment landscape will develop over the coming months. However, the ability of the private sector to fully absorb public sector job losses remains in the balance.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Graduate use of Business Social Media Tools to fuel future boom?

A recent study by graduate career site WikiJob found that 63% of graduate respondents were on LinkedIn whereas only 23% of older respondents used the site. The results suggest that graduates, who are generally more familiar with social media applications are more willing to use it as a job-seeking tool. According to the report Graduates are more aware of the potential of social media, both as a form of self-advertisement and as a way of networking with employers.

The co-founder of WikiJob, Ed Mellett, said that “These results are evidence of the way in which graduates may have an advantage as the employment landscape changes. HR managers and recruiters generally agree that using social media can be an extremely fruitful job-seeking method. More and more employers are utilising social media to find out more about applicants before the interview process. Networking online will give graduates access to an otherwise hidden job market, and the results from our user poll indicate it is likely that a large proportion of graduates are already actively pursuing these opportunities.  Maintaining a professional presence on LinkedIn, Twitter and Facebook will give graduate job-seekers a major advantage.”

Recently a study conducted by the recruitment agency Modis International found that Social Media was the second least popular recruitment tool for IT leaders. According to the survey specialist IT recruitment consultancies were most popular recruitment tool with 54%, while job board postings account for only 9%. Jim Albert, the Managing Director of Modis International, said that “Given that IT recruitment and social media would seem destined to be close allies, the results of this survey are certainly surprising. It should be remembered that social media is best used as part of a wider, multi-media recruitment drive, and this could account for the low figure that has emerged from our research. Previous polling showed that IT leaders had a growing appetite for using this medium, so there is still a gap between interest and actual usage.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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REC says Tier 2 ICT route must be properly policed and Implemented

The Head of Public Policy at the REC, Gillian Econopouly, said that “Fundamentally, the immigration system needs to be flexible to business and this includes the ability to bring senior internal people across from other countries in order to lead projects and create more jobs. The exemption for ICTs is a sensible step in this regard, which the REC has long supported. However, if the exemption is not properly policed and implemented there is the potential for abuse. The minimum salary of £40,000 must be rigorously enforced by the UK Border Agency to ensure employers do not use allowances to create an artificial salary that allows them to bring in an overseas worker to do a job for less money.”

“The REC appreciates that the UKBA has the hugely difficult task of designing and operating an immigration system which enables the UK to access the skills it needs, while at the same time protecting the interests of workers already resident in this country. However, with recruiters on the ‘front line’ we firmly believe that our members can help the government identify the evolving needs of the UK labour market and we will continue to work with the government to identify and address skills shortages.\”

Margaret Hodge, the Chairperson of the Public Accounts Committee, said that \”Most workers enter through this route and, for instance, tens of thousands of IT workers have been brought in through intra-company transfers at a time when UK residents with IT skills are struggling to find work. Some two-thirds of the migrants using this route work in IT, and are potentially displacing resident workers with IT skills. The Home Office has now set a minimum salary requirement for this route of £40,000 (and £24,000 for those in the UK for less than a year), to better protect the interests of resident workers. The UKBA has not doing enough to protect resident workers and ensure that migrant workers and sponsoring employers comply with immigration rules\”.

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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34% of City finance professionals are considering working overseas

The Managing Director EMEA and APAC at eFinancialCareers.com, James Bennett, said that “The fight to retain good people is on. And while the majority may wish to stay in the UK, significant numbers are now looking towards Asia, drawn by the prospect of lower taxes, better work-life balance, and better economic opportunities. Indeed, the City of London cannot afford to be complacent given the significant increase of job opportunities now being advertised in the Far East.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Demand for IT Contractors twice as strong as demand for Permanent Workers in Q1 2011

Key figures from the survey:

  • Total IT hiring still down 70% from its peak in 2007
  • Quarter 1 of 2011 saw a 11% increase in job postings for highly skilled contractors
  • Quarter 1 of 2011 saw a 5% increase in job postings for highly skilled permanent professionals
  • Alongside Oracle and .NET, C now accounts for 10% of all IT contracts
  • C++ Contractors have seen a 12% slump in demand since the fourth quarter of 2010

The report said that ‘the growth in the number of job ads should mean better job prospects for those IT professionals who suffered during the financial crisis. Contract rates started to improve in the first quarter of 2010 and have continued to rise since, with median rates in the latest quarter up by 2.1% compared with twelve months ago.”

Recently the President of the IT Recruitment Agency Volt said that functional roles such as Business Analysts and Project Managers were currently in great demand pointing to many companies kicking on with new projects. In terms of skills technologies such as Java / J2EE, .Net, Android and Silverlight were reported to be hot skills to have as companies push forward with mobile application projects.

Tom Daley of Volt said that “The demand for highly-skilled IT professionals has picked up quite a bit, albeit somewhat unevenly across our geographic markets. We’re seeing clients applying a careful and methodical approach to requesting IT talent in that they are looking for very specialised skill sets related to emerging technologies. Mobile application developers, so Java/J2EE specialists, .Net developers and Android and Silverlight techies are cited as the ‘hottest’ IT candidates, as were VMware virtual app developers. We’re also seeing a higher demand for functional roles such as business analysts and project managers. This usually indicates an increase in the amount of projects being scoped out and we anticipate this will lead to further increases in demand for IT talent as these projects are implemented.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Social Media second least popular recruitment tool

Jim Albert, the Managing Director of Modis International, said that “Given that IT recruitment and social media would seem destined to be close allies, the results of this survey are certainly surprising. It should be remembered that social media is best used as part of a wider, multi-media recruitment drive, and this could account for the low figure that has emerged from our research. Previous polling showed that IT leaders had a growing appetite for using this medium, so there is still a gap between interest and actual usage. For many, I think this is a question of how best to use social media. Time constraints can often be a factor, and for this reason IT decision makers should look to share social media activity with HR teams. Updating a status on Linkedin or Twitter to say that a given organisation is hiring can often be a simple, cost effective and time-efficient way of driving social media traffic to a recruitment platform.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Reed.co.uk Job Index falls by 3 points in April 2011

The Managing Director of Reed.co.uk, Martin Warnes, said that “The index remains over 20 per cent higher than last year’s level following the steep increase in the first quarter of the year, mirroring falling unemployment and rising GDP figures for the same period. Clearly business growth has been sustained at a higher level than the last quarter of 2010, but continued recovery remains difficult to predict.”

In terms of Information Technology things are increasingly positive with many big projects now back on. Recently the President of the IT Recruitment Agency Volt said that functional roles such as Business Analysts and Project Managers were currently in great demand pointing to many companies kicking on with new projects. In terms of skills technologies such as Java / J2EE, .Net, Android and Silverlight were reported to be hot skills to have as companies push forward with mobile application projects.

Tom Daley of Volt said that “In some of our markets, we’re actually seeing higher demand for full-time direct placement vs. contract workers as a percentage of our IT recruitment activity, particularly when a client has requirements for hard-to-source talent. But for the balance of our clients, contract workers are essential to their project-based activities since it’s easier to ramp up teams for new initiatives with contract workers. This is particularly advantageous when time-to-market is important for new projects/products.”

“The demand for highly-skilled IT professionals has picked up quite a bit, albeit somewhat unevenly across our geographic markets. We’re seeing clients applying a careful and methodical approach to requesting IT talent in that they are looking for very specialised skill sets related to emerging technologies. Mobile application developers, so Java/J2EE specialists, .Net developers and Android and Silverlight techies are cited as the ‘hottest’ IT candidates, as were VMware virtual app developers. We’re also seeing a higher demand for functional roles such as business analysts and project managers. This usually indicates an increase in the amount of projects being scoped out and we anticipate this will lead to further increases in demand for IT talent as these projects are implemented.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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