Industry & Company News

International Equal Pay Day, celebrated on 18th September each year, represents the longstanding efforts towards the achievement of equal pay for work of equal value. Achieving equal pay is an important milestone for human rights and gender equality. Read about some of the ways organisations can achieve a better gender balance in the workplace and accelerate efforts to close the gender gap. Read the full article within.

The latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled reduced recruitment activity across the UK during August. Permanent placements fell at a rapid pace that was the sharpest in over three years, while temp billings slipped into decline for the first time since July 2020. Recruiters frequently mentioned that the weaker economic outlook and cautious hiring policies had dampened recruitment activity. The slowdown in hiring and reports of redundancies drove a further substantial increase in candidate availability. Concurrently, total vacancy growth continued to moderate, with the latest survey signalling a notable weakening in growth of demand for permanent staff. Nevertheless, competition for specific skills and the strong inflationary environment drove further increases in starting pay.