on the job
City jobs on the rise
The City employment market continues to move in a positive direction. The December London Employment
Monitor recorded a 42% decrease in City job availability – from 7,056 vacancies in November 2013 to 4,095. Despite this, the year-on-year statistics paint a more positive picture, with new roles up by 51% compared to the same month in 2012. Professionals actively searching for
new career opportunities fell to 4,214 in December 2013, from 8,623 in November 2013, signifying a 51% month-on-month decrease. Year-on-year data points to continued optimism amongst City job seekers, as the number of candidates pursuing new roles was up 45% on December 2012 figures. Hakan Enver, operations director, Morgan McKinley Financial Services, commented: “As we predicted in last month’s monitor, City recruitment is always faced with a number of challenges during December. “Despite these short-term, end-of-year
issues, year-on-year the statistics for both hiring and active job seekers continue to look very encouraging, with levels up 51% and 45% respectively. “
OVERHEARD
Despite equal pay legislation being in place for more than 40 years, in the UK, women still get paid an average of 14.9% less than men.
CEOs’ 2014 priorities
CEOs globally are adopting a worker- centric approach in 2014 to maximise future growth, according to new research from The Conference Board and its UK partner CMI (Chartered Management Institute). The findings show the number one priority of business leaders worldwide is a reshaping of workplace culture – with employee engagement and better management at its heart – to improve competitiveness, win new customers and raise productivity. CEO Challenge 2014, based on a survey of CEOs, presidents, and chairmen from more than 1,000 companies around the world, identifies and ranks the most pressing challenges businesses are facing and their strategies for addressing each. The research also shows ethical working is high on the agenda.
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