Annual Salary & Benefits Survey 2009

REC’s Salary and Benefits Survey 2009 shows recession’s true impact on industry  

The Recruitment and Employment Confederation’s 2009 Salary and Benefits Survey presents the most comprehensive picture to date of the impact the recession has had on the recruitment industry over the past year.  

Published in association with accountants Saffery Champness, the survey reveals that nearly three-quarters of all recruitment companies had reacted in some way to the recession, the most common (42 per cent) being to make redundancies followed by 39 per cent instigating a headcount freeze. At the same time, salaries across the industry stayed at practically the same levels as they were in 2008. 

Roger Tweedy, the REC’s Director of Research, said: “The results of the survey should not really come as a surprise as we know the recruitment industry, like so many other economic sectors, has borne the brunt of the recession.  “However, our other current research work has given clear indications that confidence is gathering momentum among employers indicating possible improvements within the industry in the last quarter of this year. So hopefully, this will continue to build and will be reflected in next year’s survey.”