15th August, 2024 Executive Summary Summer is a unique time in the recruitment calendar. Understanding summer recruitment trends can significantly enhance recruitment strategies as businesses adjust to seasonal demands and candidates explore new opportunities. WaveTrackR has extracted data for the last 3 years, filtered and analysed it to paint a picture of the top 10 industries jobs posted and applications received from June to September, providing insights and actionable recommendations for recruiters to optimise their efforts. Contents 1. Accountancy 2. Banking 3. Catering & Hospitality 4. Construction 5. Customer Services 6. Education 7. Health & Nursing 8. IT & Internet 9. Retail & Wholesale 10. Transport & Logistics Accountancy The accountancy sector shows a significant increase in job postings during the summer, with a notable increase of 66.1% in June. This trend suggests a stable demand for accounting professionals as businesses prepare mid-year financial assessments and audits. However, applications drop significantly by 43.4% in August. Recruiters in this sector should focus on attracting candidates early in the summer and emphasise the stability and growth opportunities within their companies.

9th July, 2024 Executive Summary The Wave Q2 2024 Recruitment Trends Report revealed a general market cooldown, a challenge for recruiters. However, it also highlighted the resilience of the job market, with a decrease in jobs but an increase in applications. This indicates a tough market, but also a promising one where there may be more candidates than available positions. Snapshot Jobs decreased by -10% in comparison to Q1 2024 Applications increased by 2% from the previous quarter The average application per job increased to 19 The education industry had the most jobs posted at 21% IT & Internet industry received the most applications at 13% Friday was the most active day for job postings at 21% Wednesday had the most applications at 18% Monster received the most jobs posted at 15% Totaljobs received the most applications at 40%

9th April, 2024 Executive Summary In our Q1 2024 Recruitment Trends Report, we detail jobs and applications data that reveals the state of the UK’s labour market in the first quarter of the years, as well as insights into the platforms that you are using to post your jobs to and the ones that are producing the highest numbers of applications. In line with the usual new year boost to activity, the start of Q1 2024 was the busiest, with a rise in both jobs and applications, but the quarter as a whole was relatively active – a good start to the year despite the general feeling in the industry that jobs are plummeting. Snapshot Jobs in Q1 of 2024 were up 4% compared to Q4 2023 – a modest rise but a positive result considering they fell in Q4. Applications plateaued, with a 0% rise on Q4 2023 figures. The average application per job was 17, unchanged from Q4 2023. Education posted the highest percentage of jobs and Manufacturing received the largest volume of applications. Tuesday was the most active day of the week, being the day that the greatest volume of jobs were posted and the day that the highest percentage of applications were received. The greatest share of jobs were posted to Monster but Totaljobs received the highest percentage of applications.

19th January, 2024 Executive Summary In our Q4 2023 Recruitment Trends Report, we detail jobs and applications data that reveals the state of the UK’s labour market in the fourth and final quarter of the year. Applications increase to their highest figures of 2023 and jobs slow but do not plummet. Q4 was a busy quarter, especially considering activity tends to wane as the year closes. Applications were the highest of any quarter in 2023 and jobs equalled the 2022 quarterly average. What they didn’t equal was the pace of growth – an indication that as the year ended, the market was re-setting, shifting the balance from candidate-led to a more even keel between candidate and employer. Snapshot Applications continued their upwards trajectory in Q4, reaching 54% over the quarterly average for 2022 and a 22% increase on the previous quarter. Jobs equalled the 2022 quarterly average and decreased on Q3, although only by 1%. The average application per job in Q4 was 17, a rise of 3 from Q3. IT & Internet received the largest percentage of applications in Q4 but Education took the top spot for jobs posted. Monday was the most active day in recruitment in Q4, with the first day of the working week being the day that the the majority of jobs were posted as well as the majority of applications received. October saw the most applications of Q4 (and in fact the entire year) but the highest percentage of jobs were posted in November.

10th October, 2023 Executive Summary In our Q3 2023 Recruitment Trends Report we detail jobs and applications data that reveals the state of the UK’s labour market in the third quarter. At a time when the news is full of headlines lamenting the poor state of the economy, we’re seeing an uplift in jobs and applications. Following a lull in activity in Q2, activity stepped up in Q3, with rises in both jobs and applications. This is largely thanks to an incredibly productive September, with huge uplifts in both candidate and recruiter activity, proving that the trend for a busy September in the world of recruitment continues, even in uncertain economic times. Q3 figures are also proof that the market is performing better than expected, despite continued inflationary pressures and a raft of doom and gloom news reports Snapshot Both jobs and applications are up on the previous quarter, with jobs up 7% compared to Q2 and applications up 9% on Q2. The average application per job is 14, a drop from Q2. IT & Internet dominate once again, posting the highest percentage of jobs and receiving the most applications. However, in both cases its percentage share dropped on the quarter. Most jobs were posted on Mondays and Tuesdays, with 21% being posted on each of the two days at the start of the week – this marks a change to the day of the week that most jobs have been posted over the previous two quarters (Wednesday). As most applications are received on a Monday, this correlates nicely. Recruitment and candidate activity really ramped up in September, as is the annual trend. It was the month that most jobs were posted in Q3 and far more applications were received in September than in any other month in Q3.

4th July, 2023 Executive Summary Data from the Wave Quarter 2 Recruitment Trends Report has shown that jobs and applications are down on quarter 1 but were largely impacted by the bank and school holidays in April and May, with activity significantly increasing in June. Snapshot Both jobs and applications are down on the first quarter, with jobs in Q2 5% under Q1’s figures and applications 13% below. The average application per job in Q2 was 18, compared to 21 in Q1. However, 18 is still higher than the figure for any quarter in 2022. The industry posting the highest percentage of jobs in Q2 was IT & Internet, which is unchanged from the first quarter, although the percentage share did drop. The industry receiving the highest percentage of applications has changed from Q1, with Secretarial, PAs & Administration knocking IT & Internet from the top spot. Most jobs were posted on a Wednesday in both quarters but the majority of applications were received on a Tuesday in both quarters – a gap of an entire week in between jobs being posted and applications being sent in, which is highly likely to affect the number of candidates who even see many of the jobs being posted. June was a hive of activity in Q2, being the month that most jobs were posted and the majority of applications were received. Following two months packed with bank and school holidays, recruitment activity went up a gear in June.

According to a study conduct by the Centre for Economics and Business Research, the business cost due to absenteeism and reduced productivity because of poor mental health is approximately £73.8bn.

Having your employees work from home can have many benefits. Here are Pearl’s Recruitment top 5 benefits: 1. Reduced Attrition 2. Fewer Overhead Costs 3. Mental health 4. Greater Productivity 5. Business Continuity