CY Resourcing Ltd is an independent financial and specialist recruitment consultancy serving Worcestershire, surrounding Counties and the West Midlands. Through our operating divisions, we fulfil the wide ranging recruitment needs of owner managed businesses and independent companies through to FTSE 100 and multinationals corporations. Whilst the huge variety of businesses in this area never ceases to amaze us, one factor remains constant: they all need strong, capable finance expertise which our recruitment services consistently deliver.
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Wages saw faster than expected growth in the three months to July, as they continued to outstrip rising prices. Excluding bonuses, wages grew by 2.9%, according to figures from the Office for National Statistics (ONS), well above the 2.4% inflation rate for the three-month period. Analysts had fore
We are delighted to be supporting Chris Pennell and our own Joanna Pennell as they embark on his hugely deserved testimonial season, following 11 years as a 1st Team Player at Worcester Warriors. The Chris Pennell Testimonial committee have planned an impressive programme of special, one- off events.
Almost 60% of public sector finance professionals have come under pressure to act unethically at least once in their career, a CIPFA survey has found. The institute surveyed members and other public sector accountants about ethical matters over the summer. The results, revealed ex
The availability of permanent workers and temporary and contract staff across the UK fell in May when compared to the previous month, according to the latest Report on Jobs from IHS Markit/REC (Recruitment and Employment Confederation). This fall in the availability in staff coupled with high demand f
Ever wondered where was the most expensive place to commute to work in the world? Unsurprisingly, our little city of Worcester does not appear in the list however, this article by Recruitment Grapevine can tell you the top 10. Scroll down to find out… This past week, commuting has topped news reels
In this recent article by the Executive Grapevine, we can see the amount of average hours worked per worker annually, keep reading to see where the UK comes in the list and to see the full list and article click here Burnout, presenteeism and longer working hours. They’re the bane of most employees'
From 1st April 2018, the National Living Wage and National Minimum Wage are increasing. Are you 25 or over? If you are a worker aged 25 and over, and not in your first year of an apprenticeship, you are legally entitled to at least the National Living Wage of £7.83 per hour Are you unde
Uncertainty is impacting staffing decisions, with one third of employers (34 per cent) being unsure about their short-term hiring plans for temporary agency workers, according to the latest JobsOutlook survey from the Recruitment & Employment Confederation (REC). One third (32 per cent) are also unce
Professional recruitment firms reported that the number of candidates securing permanent roles in January 2018 increased by 10% year-on-year, according to new survey data from the Association of Professional Staffing Companies (APSCo). APSCo’s data, which focuses on professional recruitment, reveals
Attracting candidates, as many hiring managers and recruiters find, is becoming increasingly difficult in such a candidate led market. Job advertisements are just one method that we use in order to do this, but what is it that candidates are looking for in adverts? We're constantly experimenting with
15 best UK cities for start-ups Good news if you’re looking to start a business, we’ve got a list of the 15 best cities for it. New research from Paymentsense ranks the 15 cities using a number of criteria including chance of start-up survival, population and the average cost of living there. A
An article posted in the Worcester news today, 22nd February has stated that unemployment has increased in Worcester, Malvern and Evesham from this time last year. The number of people claiming unemployment benefit has increased from 1,020 this time last year to 1,025 and the number of 18-24 year olds
Information and statistics provided by the Inform Direct Review of UK Company Formations shows some staggering figures regarding business formations in Worcestershire in 2017. A total of 7,804 businesses were formed in Worcestershire during 2017, which is 15.9% more compared to 2016. The split into ar
Accountancy Age have recently shared 8 myths of what you may have in store if you choose a career in accountancy. We wanted to share this in order to put these myths and sterotypes to rest! Please read on... Like with most professions, there are certain stereotypes about what a career in acc
Recent research from CV-Library, the UK’s leading independent job site, has found that the majority of UK professionals have fallen out of love with their jobs. In fact, over half (55.6%) confessed that they aren’t happy in their current roles, despite 92.7% believing that it’s important to love wh
"When is the right time to appoint a Finance Director and if I’m not ready to make this investment, what should my finance team be doing to help grow the business?" A question I am asked many times, particularly by recruitment agencies. Investing in an FD is a decision that should not be taken light
Theresa May’s cabinet reshuffle might not have been as smooth as intended though resulted in a number of changes to the Department of Work and Pensions (DWP). David Gauke moves to Justice Secretary, replaced by Esther McVey at DWP, with Alok Sharma replacing Damian Hinds as Employment Minister. Busi
Permanent starting salaries continued to rise across the UK in December amid reports of candidate shortages and robust demand for staff, according to data from the latest IHS Markit/Recruitment and Employment Confederation Report on Jobs. The report also found that the availability of candidates to fu
It’s thought that millions of Brits are thinking about a career change and if you’ve made a New Year’s resolution to find a new job, you might want to think about getting in there this weekend before ‘Massive Monday’, January 8th. Research is showing that one in five will look for a new job.
The following is a LinkedIn pulse article by Steve Rosvold, original source can be found here You just accepted your first role as a Chief Financial Officer. Congratulations! You have made it to the top of your profession. There is a good chance you have a post graduate degree or two, professional cer
Research conducted by Citation has revealed that a whopping 50% of employed people want to leave their job in the next 12 months. London looks to be the worst hit area with more than two thirds of workers wanting to up sticks and leave, with West Midlands a not-too-distant second. With the average
Overall business confidence fell to 17% in August, its lowest level since August 2016, according to the latest Business Barometer from Lloyds Bank Commercial Banking. The share of firms reporting higher business confidence decreased by 7 points to 38% and those reporting lower confidence increased by
The UK recruitment industry is heavily regulated and recruiters are bound by law to meet certain standards. If a recruitment agency is a member of the Recruitment & Employment Confederation (REC), it must also adhere to the REC Code of Profesional Practice, https://www.rec.uk.com/membership
On Monday 10th July CY Resourcing took part in Worcestershire Street Sixes, even drafting in staff from our Birmingham office to strengthen the team (one with a broken arm who turned out to be the day's star player!!) Worcestershire Street Sixes is an event that helps take cricket to the most deprived
The pool of available candidates in the UK for both permanent and temporary roles continued to shrink in June, according to the latest Markit/Recruitment Employment Confederation Report on Jobs. The report, which draws on original survey data provided by recruitment consultancies, shows that while the
On 29 March 2017, Prime Minister Theresa May invoked Article 50(2) of the Lisbon Treaty of the EU, giving the UK two years to negotiate its withdrawal from the EU unless an extension is granted by its remaining 27 members. The REC has listened to members concerns and have created this hub in order to
Overall business confidence in the UK increased to 24% in June, up from 12% immediately following the EU referendum vote last year. This is an 18-month high, according to the latest ‘Business in Britain’ report from Lloyds Bank. The report, which was based on data collected after the snap election
Dry mouths, damp palms, clouded minds - we’ve all experienced a nerve-wracking job interview at one point during our careers, but it can be easy when you’re not in the hot seat to confuse nerves with incompetence. In fact, interview anxieties have affected 65% of candidates so much that they were
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On 8 June, it will be the UK’s turn to decide who should be in government once again. A snap general election means there can be less time for your business to prepare, but don’t panic! Based on information available so far, here’s a quick summary of what recruiters need to know. Election tim
Employment law and employment rights are complicated. Different rights originate from a range of different pieces of legislation and regulations, enforced by a variety of different bodies.Too often the average person doesn’t understand their rights at work or when job-seeking. When people don’t un
The Taylor review on modern employment practices launches with a regional tour to discuss the UK’s labour market. regional tour visiting different sectors to inform modern practices review 3 expert panel members of Taylor review named government to launch research project to reveal the s
March has seen the fastest decline in permanent candidate availability in 15 months according to the latest recent Markit/Recruitment and Employment Confederation UK Report on Jobs. “Finding people to do the jobs on offer is rapidly becoming employers’ biggest headache, and many are reporting an i
Responding to UK Prime Minister Theresa May’s triggering of Article 50 today, Kevin Green, chief executive at the Recruitment & Employment Confederation (REC), said: “The UK labour market has performed well since the EU referendum. Employers are continuing to create jobs and employment
Half (51 per cent) of employers anticipate a shortage of candidates to fill permanent jobs, according to a report by the Recruitment & Employment Confederation (REC). Employers with more than 250 staff are particularly concerned about the lack of talent available, with 63 per cent expecting
Published in today's issue of the Worcester News was a report of Worcestershire's economy 'coming up trumps' and enjoying the highest growth in England in a major boost for county decision-makers. In the five year period from 2010 to 2015, the county's productivity rate grew by an annual average of th
On Wednesday 8th March the Chancellor delivered his first and last Spring Budget (from now on budgets will take place in Autumn), reading from a much slimmer red book in comparison to recent years. Although there were fewer announcements, there were still some important announcements for recruiters to ta
The REC Report On Jobs released yesterday shows that growth in permanent placements reaches one-year high. Stronger growth of permanent staff placements Growth in permanent placements picked up from January’s recent low to reach a one-year high in February. In contrast, temp billings incr
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The new National Minimum Wage rates for 2016/2017 have been announced. This year the NMW rates, including the new rate for workers aged 25 and over (National Living Wage), all go up in April. From April 2017 the minimum hourly rates for: Workers aged 25 and over (National Living
Almost half of businesses in Worcestershire are confident that their turnover will improve in 2017 – despite the result of the EU referendum last summer, according to the findings of the largest survey of Worcestershire’s businesses since Brexit. A total of 1,250 surveys were completed by the busi
New research from the UK’s leading independent job site, CV-Library, reveals just how important workplace perks are to UK workers, with nearly two thirds (62.1%) of professionals stating that they consider these to be a key factor when looking for a job. Furthermore, just over one in 10 (12.6%) said th
We’ve seen a lot of media coverage about workplace dress codes, following a report https://www.publications.parliament.uk/pa/cm201617/cmselect/cmpetitions/291/291.pdf published by the parliamentary committees for Petitions and for Women and Equalities. The report outlines how discriminatory dre
Transport for London has banned the use of workers who operate through their own limited company in reaction to April’s IR35 reforms, ContractorUK reports. It’s the first public sector body to do so. ContractorUK cited an internal Transport for London memo that it obtained.
Kevin Green, chief executive of The Recruitment & Employment Confederation, said Prime Minister Theresa May’s speech on Tuesday will be “cold comfort” to UK employers. In a statement, Green said the government’s plan risks putting the jobs market in reverse by leaving the single market and
UK – Majority of accountants not satisfied with their recruitment partner According to data from the Chartered Institute of Management Accountants and recruitment specialist Global Accounting Network, 41% of accountants are satisfied with their recruitment partner and almost one third, or 31%, state
The latest data from the Markit/REC (Recruitment and Employment Confederation) Report on Jobs showed permanent staff placements continued to rise in November, on a month-to-month basis, with the rate of growth rising to its sharpest rate since February. Temporary/contract staff appointments also rose at
We are on stand E11 at the HFMA Conference at the Hilton London Metropole Hotel today until Friday. We have our annual picture competition, where you can come and vote for your favourite picture, taken by some of our clients! You will then be entered into a prize draw and have the chance of winning a
After many months of discussion, the Autumn statement made clear that from April 2017 the Government will introduce IR35 tax changes, which will result in Personal Service Company (PSC) contractors in the public sector losing their right to determine their tax status. The changes will instead give
Good luck to our very own Jamie Sauntson, who is on his way up to Manchester this afternoon with Westfields FC for their first round FA Cup replay against Curzon Ashton, who play in a league three tiers above. Their first encounter saw the two sides draw 1-1, after Curzon Ashton equalised with less than
Today is International Accounting Day! ICAS have put together some very interesting facts that we bet you didn’t know about accounting. We’ve picked out the best bits… The first book about double-entry bookkeeping was published on this day in 1494 by Italian mathematician Luca Pacioli
Data from APSCo (Association of Professional Staffing Companies) has shown professional recruitment firms reporting that vacancy numbers flatlined in September. The latest data from the association reveals notable variations between the trade association’s core sector groups in terms of hiring activity
