Despite the early pick-up in the HR job market at the beginning of 2017, we saw a relative cooling off during the second quarter with fewer roles than would normally be predicted for this time of year. While there has been some movement across a range of levels, replacement headcounts have been harder to secure with a number of roles being absorbed or divided internally.
That said, in the third quarter of 2017 there has been a marked rise in activity in general compared with this time last year and since the summer lull, a notable increase in roles in banking as well as alternative funds and insurance companies.
Perhaps due to the improved retail spending in the summer, we have continued to see new roles emerge from luxury, mass market retail and sourcing multinationals.
As employers seek to further validate the commerciality of HR as well as automate and streamline processes, a need for specialist roles such as HR Operations, Data Analytics and Rewards has been the most notable trend. Pleasingly, and a hopeful sign that the market is set to continue improving, we have started to see recruitment positions coming back into the fray.