How could the financial sector affect the economy?

London-financeIf a recent report by accounting giant PricewaterhouseCoopers (PwC) is to be believed, the financial services sector could add up to 218,000 jobs by 2020 in a welcome boost for the UK economy. In the report titled, “Where next? Assessing the current and future contribution of the UK Financial Services sector”, PwC’s economists ran an analysis based on two different scenarios.
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The issues with making urgent hires

Urgent hireWhat do we do when we need to make urgent hires, but the candidate we prefer does not have the right evidence on paper? How much can we rely on (the right) competency questions or our gut instinct when no candidate has the desirable track record or experience? Here’s what other recruiters do.   Consider ‘different’ kinds of evidence Just because a candidate does.
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Recruiter Soap Box: Are we doing enough to generate graduate jobs?

Reports reveal that the manufacturing, retail, automotive and construction sectors are at their best growth rates since the recession. Social Media Trainer and Recruiter Jorgen Sundberg questions if our recovering economy is generating enough opportunities for our professional talent.   It appears the British economy is finally.
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Internships: Good or bad?

InternshipsInternship has become shorthand for cheap labour in many companies and some industries. There are countless stories of well-qualified graduates working for free over many months in the vain hope of gaining paid employment. But before the credit crunch, internships were structured programmes of temporary work and some sectors still do see long term benefit in paying for work experience placements. Here.
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Sector focus: Finance part 2

Finance sector 2In part 1 of our financial sector focus, we explained how although the industry had seen a decline in job postings and applications, it was slowly on its way back up. This was highlighted by several banks and insurance companies making large profits, helping the industry recover at a steady speed. In part 2 we discuss the bad press coverage,.
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My worst hire ever

My worst hireHiring a new recruit can be costly, in fact the Charted Institute for Personnel Development estimates that it costs up to £6,125 to fill a vacancy. And hiring the wrong person can turn out to be even more expensive. A tribunal or the infamous ‘compromise agreement’ can run into thousands.
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Recruiter SoapBox: Should we be advertising British jobs in the EU?

Recruiter soapboxLast week it was revealed that 800,000 British jobs are being advertised to the EU through a website funded by the European Commission. Prominent recruitment specialist Mark Rainsbury stirs controversial waters and asks if this strategy works for the British economy.   “Nigel Farage reacted with predictable public.
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Sector focus: Finance

Finance sector focusEvery month we’ll be taking an in-depth look at a particular sector and letting you know how it’s doing. From employment figures and salaries to the latest trends and stories that rocked that industry. This month we’re giving you a snapshot on the financial industry, which unlike some of the more stable sectors we’ve previously focused on, has seen its fair.
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Would Scottish independence affect the jobs market?

Scottish independanceThere’s been a lot of debate about whether Scotland should become independent. In this video we discuss whether Scottish independence would affect Scottish jobseekers and businesses, and if so, how. We talk to people who are for and against independence and hear what they think it would mean for the Scottish jobs market. Our contributors are… Amy Dalrymple, Policy and Research Manager.
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How will Boris Johnson’s plans for Heathrow affect the job market?

Boris JohnsonHeathrow should be bought by the Government, bulldozed and turned into a new London borough for 250,000 people, according to Boris Johnson as the debate over airport expansion intensifies. The Mayor of London has been heavily criticised after outlining plans to convert the UK’s biggest airport into a residential area to make way for a four-runway hub to the east.
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