Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
graphicstock young businessman using his laptop close up and selected focus blank scre SBI 301990157 - Business Express
Young businessman using his laptop, close up and selected focus . blank screen for design.

LinkedIn sees remote job posting boom


Remote job adverts soar as UK hiring rates bounce back to 2019 levels

The share of remote jobs by industry ranges from 3 to 19 times the levels seen in June 2020, as the nation embraces greater flexibility

Industries that had low levels of remote jobs one year ago, such as Retail and Transportation & Logistics, experienced double-digit increases of 11.6X and 18.5X respectively

LinkedIn data shows that the UK is seeing a hiring boom, with hiring in June 2021 up 15.5% on June 2019

London, 14 July 2021: Despite the end of restrictions and the widespread return to the office in sight, remote job opportunities are still on the rise according to new data from LinkedIn, the world’s largest professional network.

LinkedIn’s UK Workforce Report shows that the share of remote job postings advertised on the platform has increased substantially across all industries, with some sectors recording 3 to 19 times the level of remote job postings compared to June 2020.

Additional research from LinkedIn finds that 38% of UK workers would prefer to work remotely full-time in the future, while 49% prefer hybrid working, and 12% want to work full-time from the office.

Janine Chamberlin, UK Country Manager at LinkedIn, said: “It is great that we’re seeing an increase in remote roles that are being posted on our platform. Over the past year, many businesses have had to adapt to a fully remote model, which has been hard for some but has opened the doors to talent outside of the local area and to individuals who previously could not make it into an office. Companies are now listening to the needs of their current and potential employees and considering new talent from areas and backgrounds that they previously had to dismiss. This will not only help businesses, but will also provide opportunities to many who haven’t had them before.” 

Industries that already had a relatively higher share of remote jobs in June 2020, such as Software & IT and Corporate Services, continue to invest in remote positions, seeing an increase ranging from 5.5X to 6.5X. The Software & IT sector in particular appears to be embracing remote work long-term, with more than one in five jobs advertised in June 2021 as remote positions. For industries like Healthcare, Finance, Hardware & Networking and Legal, one in ten advertised positions last month were for remote posts.

Significantly, the trend for remote work has also transformed industries where remote work was previously thought to be impossible to adopt. Sectors with low levels of remote jobs one year ago, such as Retail and Transportation & Logistics, experienced double-digit increases of 11.6X and 18.5X respectively as the pandemic forced businesses to adapt. Though it is still possible some remote jobs may revert back to in-person roles in the future as firms adjust long-term.

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Hiring rate on the rise as UK recovery sets in

The rise in remote opportunities comes at a time of strong growth in hiring rates across the UK. LinkedIn’s Workforce Report reveals that hiring rates are steadily rising, up 15.5% in June 2021 compared with June 2019. All industries apart from Energy and Mining are meeting or exceeding pre-pandemic hiring rates – showing strong growth as the country’s recovery continues.

The data shows that jobs in sectors that rely on in-person interaction are starting to bounce back now restrictions are set to lift following a tough year. The Recreation & Travel Sector has seen a 11.9% uplift in hiring compared to June 2019, as Brits look forward to booking summer holidays, with the Retail (19.9%) and Education sector (11.6%) seeing a similar rise. Construction has also seen a strong bounce of 27.4% compared to June 2019, as demand remains high for work. While it will take time for the labour market to fully recover the losses experienced since the pandemic started, recent hiring trends suggest that the UK’s labour market is headed in the right direction.

Methodology:

LinkedIn analysed paid job postings open in June 2020 and June 2021 in the UK. A “remote job” is defined as one where either the job poster explicitly labeled it as “remote” or if the job contained keywords like “work from home” in the listing.

An additional study of 2,014 professionals in the UK was also referenced which was conducted by Censuswide for LinkedIn on 16th June 2021 to understand where people want to work in the future. Censuswide abide by and employ members of the Market Research Society which is based on the ESOMAR principles.

The LinkedIn Hiring Rate (LHR) is the count of hires (LinkedIn members in each industry who added a new employer to their profile in the same month the new job began), divided by the total number of LinkedIn members in the U.K. By only analysing the timeliest data, we can make accurate month-to-month comparisons and account for any potential lags in members updating their profiles.

About LinkedIn:

LinkedIn connects the world’s professionals to make them more productive and successful and transforms the way companies hire, learn, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has 756 million members and has offices around the globe. www.linkedin.com / mobile.linkedin

 

Recent Post: