{"id":64994,"date":"2023-07-25T08:50:39","date_gmt":"2023-07-25T08:50:39","guid":{"rendered":"https:\/\/www.frazerjones.com\/?p=64994"},"modified":"2023-11-17T14:16:11","modified_gmt":"2023-11-17T14:16:11","slug":"june-2023-market-overview-commerce-and-industry","status":"publish","type":"post","link":"https:\/\/www.frazerjones.com\/nl\/market-insight\/june-2023-market-overview-commerce-and-industry\/","title":{"rendered":"June 2023 market overview: commerce and industry"},"content":{"rendered":"\n<div class=\"wp-block-columns alignwide post-content-columns is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/14444878?1500690\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Across the UK\u2019s commerce and industry sectors, we\u2019ve pulled together all the live vacancies we\u2019ve had in June 2023 across London, Home Counties, West Midlands and South West England.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-employed-candidates-are-seeking-new-exciting-opportunities\">Employed candidates are seeking new exciting opportunities<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">June brings us to the end of the first half of 2023. This year has certainly been a rollercoaster of ups and downs in the HR market so far across the commerce and industry sectors in London and across the UK.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We have started to see some really positive steps in the market during June. Confidence in hiring is slowly returning after a cooling-down period and most importantly, employed candidates looking for work are keen to further their career and seek exciting new opportunities. This all brings incredible talent into the market.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cWe saw a 13% increase in vacancies from April to May followed by a 38% increase between May and June.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">June again saw an increase in the number of roles across Frazer Jones in London and the UK. We saw a 13% increase in vacancies from April to May followed by a 38% increase between May and June \u2013 showing month-on-month growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">High volumes of vacancies echo increased hiring across sectors<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Interestingly, there has been an uplift in the non-profit sector, but also a strong rise in roles across luxury brands, engineering, manufacturing, telecommunications and technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For several months, we have seen consistently high volumes across the majority of these sectors, so it is good to witness consistent hiring across these sectors. The roles coming in during June will probably take anything from six to 12 weeks to turn around depending on the level and complexity of the role.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">21% of HR roles secured in June were in the engineering sector. There was a fairly even split across many other sectors including fast-moving consumer goods (FMCG) and consumer, manufacturing, technology, media, healthcare and education.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cIn June, 46% of hires were generalist roles.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">This year, we have kept track of the specialisms of those roles. In June, 46% of hires were generalists. Payroll plus reward and benefits retained 17% of the market share. HRIS and analytics and talent acquisition (TA) take up 8% and HR operations retain 4%. Considering the typical proportion of HR teams, these splits are expected and have been pretty consistent during the year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hiring processes are longer than before<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although hiring is picking up this month, companies are taking longer than usual to schedule interviews and want to see higher volumes of candidates at each interview stage. This means the length of hiring processes typically adds a further two to six weeks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although there is strong talent in the market, these candidates aren\u2019t necessarily hanging around and are being put off by the long processes \u2013 so if you are recruiting this is certainly something to consider.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s good news that the market has seen a turn this last month and vacancy volumes are looking positive going into the second half of the year.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cIf you are looking for work, these next few weeks are the perfect time to update your CV.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">This is a good time to consider hiring if you are keen to have new starters at the end of 2023 or early 2024, taking into consideration a two-month selection\/interview process and typical three-month notice. Now is the time to push the button ahead of your competitors, as most tend to wait until after the summer and compete with others on securing top talent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re looking for work, these next few weeks are the perfect time to update your CV over the usual quieter summer. Be ready to share your skills with potential employers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We have already heard a lot of talk about hiring in the next month or two from clients \u2013 but we also need to be aware of impending holidays. So, we advise getting organised sooner rather than later to beat the cyclical post-summer spike.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Please complete our form below if you are looking to progress your career, or if you\u2019re considering a new hire in your HR team and would like expert advice on the market and the talent available.<\/p>\n\n\n\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script>\n<script>\n  hbspt.forms.create({\n    region: \"eu1\",\n    portalId: \"26669168\",\n    formId: \"91651939-2b79-4991-a2e0-138e948898c2\"\n  });\n<\/script>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n\n<\/div>\n<\/div>\n\n\n\n\t<div class=\"hd-block hd-block-posts is-template-grid alignwide\" id=\"block_db33c7e0136132fe2dcd2f0735250c6b\">\n\n\t\t\n\t\t\t<div class=\"eyebrow-group\">\n\n\t\t\t\t\t\t\t\t\t<h2 class=\"hd-block-job__title is-style-eyebrow eyebrow-group__title\">Featured Content<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"wp-block-button is-style-arrow eyebrow-group__button\">\n\t\t\t\t\t\t<a class=\"hd-block-posts__button button wp-block-button__link eyebrow-group__link\" href=\"https:\/\/sites.thesrgroup.com\/resources\">See all news<\/a>\n\t\t\t\t\t<\/div>\t\n\t\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\n\t\t<div class=\"cards cards--posts\">\n\n\t\t\t\n<div class=\"card card--post post-183553 post type-post status-publish format-standard has-post-thumbnail hentry category-talent-nl category-hr category-market-insight category-private-equity tag-hr-leadership tag-private-equity hd_author-sean-tong\" id=\"block_db33c7e0136132fe2dcd2f0735250c6b-job-183553\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.frazerjones.com\/nl\/market-insight\/why-vacant-hr-leadership-roles-can-slow-growth-in-pe-backed-businesses\/\">\n\n\t\t\n\t\t\t<div class=\"card__image-wrapper\">\n\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/10\/Detail_Smiley-group-discussion_shutterstock_2174632247-300x225.jpg\" class=\"card__image\" alt=\"\" sizes=\"(max-width: 481px) 100vw, (max-width: 599px) 50vw, (max-width: 1240px) 33vw, 370px\" srcset=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/10\/Detail_Smiley-group-discussion_shutterstock_2174632247-300x225.jpg 300w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/10\/Detail_Smiley-group-discussion_shutterstock_2174632247-2048x1536.jpg 2048w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/10\/Detail_Smiley-group-discussion_shutterstock_2174632247-1024x768.jpg 1024w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/10\/Detail_Smiley-group-discussion_shutterstock_2174632247-768x576.jpg 768w\" \/>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<ul class=\"card__tags\">\n\n\t\t\t\t\t\t\t\t\t\t<li class=\"card__tag\"><\/li>\n\t\t\t\t\t\t\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t<h3 class=\"card__title\">Why vacant HR leadership roles can slow growth in PE-backed businesses<\/h3>\n\t\t\t\n\t\t<ul class=\"meta__list\">\n\n\t\t\t\t\t\t\t<li class=\"card__published-date meta__item\"><span class=\"meta__item-label\">Posted<\/span> <span class=\"meta__item-value\">augustus 5, 2026<\/span><\/li>\n\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t\t<div class=\"card__content\">Contents Share Key insights Private equity thrives on momentum. In PE-backed businesses, value creation plans are tightly defined, timelines are compressed, and leadership teams are expected to deliver transformation at pace. In this environment, any gap in the executive team can have a disproportionate impact on performance. Yet HR leadership roles are often the positions [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\n<div class=\"card card--post post-182428 post type-post status-publish format-standard has-post-thumbnail hentry category-finding-talent category-talent-nl category-hr category-market-insight tag-hr tag-law tag-professional-services tag-recruitment hd_author-james-baker\" id=\"block_db33c7e0136132fe2dcd2f0735250c6b-job-182428\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.frazerjones.com\/nl\/market-insight\/what-are-the-biggest-hiring-challenges-facing-hr-teams-in-global-legal-and-professional-services-firms\/\">\n\n\t\t\n\t\t\t<div class=\"card__image-wrapper\">\n\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/09\/Detail_Shot-of-a-group-of-young-businesspeople-using-a-laptop-and-digital-tablet-in-a-modern-office-GettyImages-1290528901_Resize-300x225.jpg\" class=\"card__image\" alt=\"The deadline smashing department\" sizes=\"(max-width: 481px) 100vw, (max-width: 599px) 50vw, (max-width: 1240px) 33vw, 370px\" srcset=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/09\/Detail_Shot-of-a-group-of-young-businesspeople-using-a-laptop-and-digital-tablet-in-a-modern-office-GettyImages-1290528901_Resize-300x225.jpg 300w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/09\/Detail_Shot-of-a-group-of-young-businesspeople-using-a-laptop-and-digital-tablet-in-a-modern-office-GettyImages-1290528901_Resize-1024x768.jpg 1024w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2025\/09\/Detail_Shot-of-a-group-of-young-businesspeople-using-a-laptop-and-digital-tablet-in-a-modern-office-GettyImages-1290528901_Resize-768x576.jpg 768w\" \/>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<ul class=\"card__tags\">\n\n\t\t\t\t\t\t\t\t\t\t<li class=\"card__tag\"><\/li>\n\t\t\t\t\t\t\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t<h3 class=\"card__title\">What are the biggest hiring challenges facing HR teams in global legal and professional services firms?<\/h3>\n\t\t\t\n\t\t<ul class=\"meta__list\">\n\n\t\t\t\t\t\t\t<li class=\"card__published-date meta__item\"><span class=\"meta__item-label\">Posted<\/span> <span class=\"meta__item-value\">juli 28, 2026<\/span><\/li>\n\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t\t<div class=\"card__content\">Contents Share Key insights Global legal and professional services firms have long set the pace for talent strategy, particularly in major markets such as London and New York. As these firms grow through international expansion across the UK, Europe, North America, Asia and the Middle East, navigate economic uncertainty, and respond to shifting workforce expectations, [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\n<div class=\"card card--post post-179801 post type-post status-publish format-standard has-post-thumbnail hentry category-hiring-advice category-hr category-leadership category-market-insight category-private-equity tag-financial-services tag-hr hd_author-nick-croucher\" id=\"block_db33c7e0136132fe2dcd2f0735250c6b-job-179801\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.frazerjones.com\/nl\/market-insight\/how-cpo-roles-in-pe-backed-businesses-are-going-to-market\/\">\n\n\t\t\n\t\t\t<div class=\"card__image-wrapper\">\n\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2026\/07\/CPO-thumbnail-300x225.png\" class=\"card__image\" alt=\"article-thumbnail\" sizes=\"(max-width: 481px) 100vw, (max-width: 599px) 50vw, (max-width: 1240px) 33vw, 370px\" srcset=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2026\/07\/CPO-thumbnail-300x225.png 300w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2026\/07\/CPO-thumbnail-1024x768.png 1024w, https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2026\/07\/CPO-thumbnail-768x576.png 768w\" \/>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<ul class=\"card__tags\">\n\n\t\t\t\t\t\t\t\t\t\t<li class=\"card__tag\"><\/li>\n\t\t\t\t\t\t\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t<h3 class=\"card__title\">How CPO roles in PE backed businesses are going to market<\/h3>\n\t\t\t\n\t\t<ul class=\"meta__list\">\n\n\t\t\t\t\t\t\t<li class=\"card__published-date meta__item\"><span class=\"meta__item-label\">Posted<\/span> <span class=\"meta__item-value\">juli 15, 2026<\/span><\/li>\n\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t\t<div class=\"card__content\">Contents Share Private equity moves fast. Value creation timelines are compressed, expectations are high, and every leadership hire carries disproportionate weight across portfolio companies. Within any private equity backed business, the management team is under constant pressure to deliver against the investment thesis \u2013 driving valuation, strengthening cash flow, and ultimately improving business performance. Yet, [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\t\t\n\t\t<\/div>\n\n\t\t\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Across the UK\u2019s commerce and industry sectors, we\u2019ve pulled together all the live vacancies we\u2019ve had in June 2023 across London, Home Counties, West Midlands and South West England. Employed candidates are seeking new exciting opportunities June brings us to the end of the first half of 2023. This year has certainly been a rollercoaster [&hellip;]<\/p>\n","protected":false},"author":127,"featured_media":16272,"comment_status":"open","ping_status":"open","sticky":false,"template":"templates\/post-original.php","format":"standard","meta":{"_acf_changed":false,"_cn_metabox_post_checkbox_dont_send_once":false,"_cn_metabox_post_checkbox_dont_send_ever":false,"footnotes":""},"categories":[24,47],"tags":[],"hd_author":[],"class_list":["post-64994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight","category-market-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.1 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>June 2023 market overview: commerce and industry | Frazer Jones<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.frazerjones.com\/market-insight\/june-2023-market-overview-commerce-and-industry\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"June 2023 market overview: commerce and industry\" \/>\n<meta property=\"og:description\" content=\"Across the UK\u2019s commerce and industry sectors, we\u2019ve pulled together all the live vacancies we\u2019ve had in June 2023 across London, Home Counties, West Midlands and South West England. Employed candidates are seeking new exciting opportunities June brings us to the end of the first half of 2023. This year has certainly been a rollercoaster [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.frazerjones.com\/market-insight\/june-2023-market-overview-commerce-and-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Frazer Jones\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrazerJonesRecruitment\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-25T08:50:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-17T14:16:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.frazerjones.com\/wp-content\/uploads\/sites\/2\/2022\/10\/iStock-1156240802-1-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Stephanie McCleery\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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