2018 wasn’t a particularly straightforward year for many businesses around the UK, however despite this 2018 was another steady year for us as a business. We saw our business thrive and peak in 2017, with it being our best year ever, and 2018 saw us level on par with that. So for us as a business having this continuity in strength was reassuring and gave us confidence despite the media advertising otherwise due to Brexit.
In Quarter 4 we did see the usual reduction of volume of candidate’s applications. We do find this to be the norm prior to Christmas, many candidates often put aside looking for a new role in November until the New Year so this wasn’t a surprise. Although we did see a lull in candidate movement at the back end of the year, a point to note is that not one candidate we spoke to advised that they were staying put until after Brexit.
What has been a surprise is that normally we do see higher response of volume on applications and candidates looking for work at this point of the year, following the theme ‘New year, new career’, however applications have been far lighter compared to the start of 2018. This highlights that the war on good, quality talent is becoming even more difficult.
On the flip side the volume of new jobs has been very steady, even rising slightly, since Jan 1st. This is based on our client growth as well as the strong relationships we have formed with our current clients – around 91% of our business is referred of repeat. January and February have been a great start to the year with both placement of permanent and contract positions increasing so we are seeing no slow down with new business.
Where’s the future at?
It goes without saying that Brexit will no doubt shape and define where the market goes. The likelihood is increasing that we will extend the negotiations and not leave as planned on the 29th March. While we are unsure as to how long the delay will be, it could dominate through to the end of 2019 meaning a steady and cautious, if not unpredictable, year.
Whatever the outcome is; a deal as planned, a delayed deal or even a no deal then we do foresee the market to the cautious throughout 2019. Obviously the sooner the decision is made then the more likely it will be that we will see stability in our industry and the overall market conditions of the UK bringing confidence back in and normality taking hold.
As most of our clients tend to sit within either; Technology, Professional Services, Financial Services we definitely haven’t seen any change with new opportunities, however the market is all around confident and if confidence is high then opportunity will flow.
If you are looking for exceptional staff or your next career move then contact us on 01932 230868 or firstname.lastname@example.org
2018 wasn’t a particularly straightforward year, there were many factors such as Brexit - big political decisions that came with that and on top of that the media were forecasting a slowdown of UK GDP growth. All this gave the feeling of doom and gloom. Thankfully due to the great British resolve, for the most part, these factors were sidelined by businesses with the attitude of ‘We just need to get on with it, irrespective’. For us as a business it did really feel like business as usual, just with a side of caution.
Software as a service will boost 2019 enterprise software spending 8.3 percent. Overall, IT spending will grow 3.2 percent in 2019.
Global IT spending is expected to grow 3.2 percent in 2019 to $3.8 trillion as enterprise software, cloud and digital transformation projects boost growth, according to Gartner.
The projection, outlined at Gartner's Symposium/ITXpo in Orlando, accounts for a shift to everything as a service. John-David Lovelock, an analyst at Gartner, noted that enterprises are shifting to pay for use models and that's impacting for the forecast.
For instance, software as a service will boost 2019 enterprise software spending 8.3 percent. IT services will grow at a 4.7 percent clip in 2019 due to digital transformation. Data center systems spending will grow 1.6 percent in 2019 since enterprises are more inclined to go cloud than buy their own gear.
The growth in IT spending is due to a favorable business climate, but there are a bevy of wild cards including tariffs and currency fluctuations.
Other key points from Gartner:
Jenrick Engineering Burton have enjoyed an extremely busy start to the year – with the amount of available jobs up by 23%, and an increase of new clients up by 10% for the same period of 2017. Due to an increase of investment in various sectors within engineering and manufacturing, businesses are recruiting more people to help cover the demand of the increased number of contracts that have been on the rise in the last 18 months. As Jenrick Engineering are the go to recruitment agent for a lot of the UK’s largest engineering and manufacturing businesses, the need to recruit more staff internally has led for the need for larger offices. From 1 July 2018 Jenrick Engineering have moved offices from 190 Horninglow Street, Burton on Trent, Staffordshire, DE14 1NG to their new offices: Badger Farm, Willow Pit Lane, Hilton, Derby, DE65 5FN. The new offices boast 2,000 sq. ft. of open plan space with purpose built interviewing and conference facilities offering clients a confidential space to conduct off site interviews at no cost.
The extra space and open plan layout will enhance our internal communication and knowledge on available roles and candidates which increases the speed to which we can respond to vacancies, and will allow for Jenrick Engineering to further recruit internal staff to enhance the excellent service provided to a range of clients within the engineering, food and drink and manufacturing sectors. It will also allow Jenrick Engineering to support new sectors and industries that are currently experiencing a high demand for highly skilled permanent, interim personnel and contractors.
To find out more on how Jenrick Engineering can help you with all your recruitment needs please contact Julie Alton, Managing Director here:
T 01283 548121
Or come in and visit our new office here:
Badger Farm, Willow Pit Lane, Hilton, Derby, DE65 5FN
2017 was our busiest year since we started trading over 11 years ago. However, as the business has grown our levels of service to our clients and candidates has been maintained at the highest levels. Jumping back to 2016 when we closed on a record year when, we thought the market had peaked – 2017 only went and continued in the same fashion and superseded our expectations. We saw our business increase by 153% from 2016. The experience we have gained through these busy times has set us apart from a lot of other companies which is why we retain the vast majority of our clients and see candidates making us the first choice to help them find exceptional jobs.