The technology industry in the UK will be boosting the job market over the next year as it looks to recruit more staff.

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Following Parliamentary approval, an increase in for some overseas visa fees, and UK-based visa application fees, will be introduced from Friday 6 April 2012.

All payments made from 00:01 (UK time) on Friday 6 April, should be paid according to the fee information on the Fees for UKBA’s services page.

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Wilkinson & Associates, specialist recruiters of qualified finance professionals in Edinburgh, have provided the following update on the opportunities in the Edinburgh market:

We understand that with the continued economic woes in the wider financial markets, many antipodean travellers are considering the UK with a sense of trepidation. However, as Wilkinson & Associates are based in Edinburgh, we believe we are able to buck the trend and demonstrate positive prospects for qualified accountants coming to Scotland.

The last year has proved to be a very successful year in Edinburgh despite extremely challenging market conditions. Over the course of the year a relatively slow permanent market was generally offset by the continuing positive trends within the interim contract market. Interestingly, the demand for newly and recently qualified accountants showed signs of significant improvement in the first quarter of 2012 and we are hopeful that these more positive signs will become the norm.

Many global businesses have chosen to have their European headquarters in Edinburgh. This is partly because in Edinburgh you can speak to New York and Hong Kong on the same day. It is also because property costs are lower in Edinburgh which makes it an attractive location to many companies. It is fair to say that Edinburgh therefore offers a fantastic opportunity for candidates wishing to work for blue-chip companies.

Edinburgh is dominated by financial services and whilst we acknowledge that the UK bank’s have received negative criticism recently, it has actually resulted in fantastic opportunities for those individuals seeking contract work.  The UK banks are going through massive cost reduction programmes and having to improve efficiencies. This means that they have been hiring a large number of commercial and technically savvy accountants to undertake these mammoth projects.

Job seekers with a positive “can do” attitude who embrace change and new challenges are highly sought after in Edinburgh, and are finding it relatively easy to find work quickly on their arrival.  As a highly desirable city to live in, Edinburgh offers people all the benefits of a major capital but with ease of living. Work –life balance is critical to everyone, and on the whole Edinburgh beats London hands down on that front!

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UK firms report optimism over their recruitment plans for 2012
The UK labour market may be turning a corner according to a recent survey of more than 2,000 firms. The figures suggest that more firms are looking at recruiting staff rather than letting people go, and many businesses are encouraged by recent economic growth.

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The biggest recruitment barrier that employers faced during the last 12 months was the poor quality of candidates, a new survey reveals.

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On 15 March 2012, a written ministerial statement was laid in Parliament outlining a number of changes to the Immigration Rules.

From 14 June 2012, the personal savings you must have to support your application will increase. If you plan to make a Tier 5 application on or after 14 June 2012, you must ensure the correct funds are held in your account as soon as possible.

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Research has found that 55% of HR directors believe that social media platforms are an ineffective recruiting tool, or are not sure how effective it is, with only 30% using social media to find candidates. The survey of 200 HR directors found that 63% believe that profiles on sites such as LinkedIn will not replace the traditional CV in the future.

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THE IT sector has seen a rise of new job titles that did not exist 24 months ago such as cloud solution architects, big data analysts and mobility specialists, according to a study.

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Lawyers who are working overseas but intending to return to New Zealand should not stay too long, according to the New Zealand Law Society fortnightly magazine LawTalk.

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According to a study by the London School of Economics and Political Science the development of cloud computing will foster economic growth, increase productivity and shift the type of jobs and skills required by businesses. The study also reported that from the analyzed countries (UK, England and Germany), the US is leading the way in terms of cloud job creation. US cloud-related jobs in the smartphone sector are set to grow to 54,500 in 2014.

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