Monday, November 23, 2009

Nearly 80% of consultancy firms are currently hiring, Prism survey reveals

Having seen a significant upturn in interview activity since the beginning of September, Prism Executive Recruitment conducted a market survey in early November with a prequalified sample of candidates and employers, with responses from 45 employers and 153 candidates.

The headline results show candidates are slightly more confident but, digging deeper into the responses, opinions are somewhat polarised, with some finding the market very buoyant and more active, while many others are commenting that things are very slow.

As you might expect of a recruitment agency database, many are actively interviewing but many of these are making negative comments about the market. Common themes relate to slow recruitment processes, salary pressures, window shopping and employers setting very tight specifications and unwilling to compromise.

On the employer side, the results are quite startling: the overwhelming majority are primed to recruit AND are finding candidates hard to find. While this might seem at odds with the candidate experience it suggests employers are chasing the same population of candidates who have the "best" CVs AND the "in demand" skillsets and sectors. These include: Public Sector (particularly security cleared candidates), Energy/Utilities, Financial Services, Strategic IT, risk, lean and transformation (both consulting and delivery).

See the full survey results here.

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