Positivity is in the air as May looks to have picked up where April left off – plenty of new vacancies coming through the door as companies accelerate their hiring, particularly within software engineering and sales/partnerships.
Partnership hires seem to be a real growth area for digital commerce-focused vendors and agencies over the past couple of years, and having heard some of the success stories from forming true partnerships between organisations, I can certainly see why.
As new roles go live, it has to be said that we are still experiencing extremely high application numbers for most vacancies.
Whilst the general feeling is that this is a somewhat time-consuming way of recruiting, there are still some good applicants for most roles, you just need to have the bandwidth to sift through the hundreds of CVs (or indeed, engage with a specialist recruiter if you’re not already to take on the heavy lifting in that regard!).
Looking at the market more generally, we had reports just a few weeks ago that the UK had officially come out of recession, with the fasted growth in almost two years.
Whilst we aren’t automatically out of the trenches quite yet, we expect this to have a positive impact on both new work streams being signed off and on the hiring of both permanent and contractor resources.
This was confirmed in a recent survey conducted by the Simply Commerce team, which revealed that 53% of digital commerce leaders believe their companies will be hiring this year.
Market Spotlight + Top 5 eCommerce Stories This Month
- M&S continues its turnaround with a +58% leap in profit in the first quarter of this year to £672.5 million. Overall sales at the high street giant were up +19.3% to £13billion, with a +5.3% increase in turnover at Clothing & Home READ MORE
- Temu‘s owner PDD Holdings has posted soaring profits and revenue for the first quarter of this year. The company saw total revenues increase +131% to £9.3bn. Operating profit surged +275% year on year to £2.8bn READ MORE
- boohoo reported group sales declined 17% YoY to £1.4bn in the year to 29 February, driven by ‘difficult market conditions’. The fashion retailer’s pre-tax losses widened to £159.9m in the period from £90.7m last year, with gross profit falling 16% to £756m READ MORE
- Amazon announced plans to build a £500m robotic warehouse in Northampton, projected to be fully operational by 2026. The facility, featuring three floors of robotics technology for stowing and picking customer orders, will initially create 1,400 jobs, ranging from engineers to HR, finance and IT staff READ MORE
- TikTok shop is due to go live in Continental Europe this Summer and has already started inviting merchants to beta-test READ MORE
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