Vector New Year Predictions

According to the latest news reports, the New Year starts with renewed optimism as the UK is ‘just’ out of recession.

Vector were already seeing signs that both the permanent and contract market were picking up towards the end of last year, as many intelligent businesses began to look towards the future rather than concentrating on surviving the recession in the short term. With IT at the core of every business, offering the flexibility to grow a company, it is not surprising that IT has been one of the first areas to see improvement and now that the recession is officially over, all be it marginally, the upturn should now gain greater momentum.

Those companies who made initial cut backs will now be seeking quality IT professionals to assist them in their growth.

Martin Pite, Team Manager, said: “We are already seeing better equilibrium to the market, where available contractor numbers are in decline. Specifications are becoming more varied and interesting, and specialist roles are waning in favour of commercially focused, more widely skilled contractors who can deliver more value. We have an opportunity to once again enjoy the diversity and flexibility contracting brings, where clients increasingly look for those quantifiable benefits suppliers can bring to evermore delivery focused projects. Recruiters will have to follow our lead in finding innovative ways of winning and retaining business, and high quality suppliers, such as Vector, will naturally get the best of the market’s projects.”

Allan Callus, Head of Permanent Recruitment, added: “Many of our clients appear to be replenishing their IT staffing levels on a permanent basis. We believe that a consistent interview to placement ratio is helping Vector maintain their name as a leader in IT Recruitment. We had a healthy end to 2009, and this trend seems to be continuing into the New Year. Retail has recently been a strong area for permanent recruitment and we are certain that this will have a knock on effect into other sectors. Hopefully the positive news that the recession is over will increase confidence across all markets.”