Vacancies Hit a Four-Year Low. The Sales Hire Still Counts

Vacancies are falling across the UK, but the one sales hire a business does make now carries more weight than it did eighteen months ago.

By
Anthony Hughes
,
Head of Recruitment
of Coburg Banks
LinkedIn Profile
September 21, 2026

A client called me on Tuesday morning, before I'd even got my coat off, to ask whether he should still be recruiting a head of sales. He'd seen the headlines. Vacancies falling, hiring freezing, all of it. He wanted to know if he was mad to be pushing ahead.

Not mad. I understood exactly why he was asking, mind.

Because the numbers really have moved. UK job vacancies dropped to 702,000 in the three months to August, down from 706,000 the month before and the lowest reading since April 2021, according to official labour market data reported by Reuters. Payrolls fell at their fastest pace in nine months on the same release.

Unemployment held at 4.9%. And the British Chambers of Commerce said business investment intentions had sunk to their weakest point since the pandemic, with firms holding off on spending ahead of the autumn budget.

Why has the number of sales vacancies dropped so far?

Mostly it comes down to cost and nerve. Employment costs have climbed steadily over the past couple of years, and a lot of businesses simply can't stomach adding headcount they're not certain they need. Add a budget on the horizon that nobody can quite predict, and plenty of firms would rather sit tight for a quarter than commit.

That's the caution the BCC picked up on in its own figures. It isn't that companies have stopped wanting growth. They've just stopped being willing to bet on it before they know what the rules are going to be.

What that means on the ground, in my experience, is fewer roles going live at any one time. Not zero. Fewer. And the ones that do go live tend to be the ones a business can't put off any longer.

That changes the tone of the whole search, right from the first conversation.

We're seeing it in the briefs themselves. Eighteen months ago a client might have opened with headcount and territory. Now the first thing they want to talk about is risk.

What happens if this doesn't work out. How fast can we know. Questions that never used to come up in the first call.

It's a different conversation. But a better one, honestly, even if it takes longer to get through.

Does a quieter market mean sales hiring matters less?

No. If anything it's the opposite, and this is the part that gets missed. When there were more vacancies floating around, a mediocre sales hire was survivable.

You'd carry the underperformance for a quarter, maybe two, then quietly go again. There was slack in the system. But hardly any of that slack is left now.

Fewer sales seats means each one carries more of the commercial weight sitting behind it. Hiring a sales manager in this kind of market isn't a routine backfill anymore. It's closer to a bet on whoever's going to be responsible for a meaningful chunk of next year's revenue, at a moment when the business has already decided it can't afford to get it wrong twice.

We had a client last month who'd been burned exactly this way. Brought someone in eight months earlier who interviewed brilliantly, all the right answers, great energy in the room, and folded within a quarter once the pipeline got hard.

By the time they came back to us they weren't just looking for a sales director. They wanted someone who'd already proven they could build a pipeline from nothing, in a similar sector, under similar pressure. Not a nice-to-have. A minimum bar.

Fair enough, too. Nobody wants to run that particular experiment twice.

What a stronger sales hire actually looks like right now

Track record beats polish, every time, and it isn't especially close. Ask a candidate to walk you through how they actually built their last pipeline, not the topline number they landed on.

Who did they call first. What fell through. How long the quiet patches lasted before something moved.

Commercial resilience matters more than it used to as well. A key account manager or business development manager who's only ever sold into a rising market hasn't really been tested. Ask them, gently, how the last downturn treated their numbers and watch how long it takes them to answer.

The ones worth having are the ones who kept hitting number in a flatter one, because that's closer to the market a new hire is walking into right now, not the one they trained in.

And references. Actual conversations, not a box someone ticks on a form. Ring the last two sales leaders who managed the person, ask what happened to the numbers under their watch, and listen for the pause before the answer.

It tells you more than the CV does, most of the time.

One thing we've started doing more of on our own desk is separating the interview performance from the actual sales evidence entirely, scoring them apart before comparing notes. Some candidates who dazzle in the room have thinner numbers behind them than you'd expect. Others undersell themselves completely and turn out to be the stronger hire once you dig into what they actually shipped.

If you're weighing up a sales director or head of sales hire against this backdrop, it's worth benchmarking what you're offering against current market rate before you open the brief.

Our salary guides are a reasonable starting point. A strong candidate in a tight market still has options, and an offer that's out of step with the market will cost you the process before it's even started.

None of this means wait it out. A cautious market rewards employers who move with more discipline, not less urgency.

If you've got a sales seat you know needs filling properly this time, send us the brief and we'll help you get the assessment right rather than fast. And if you're on the other side of this, weighing up a move yourself, our current sales roles are worth a look too.

My client on Tuesday went ahead, in the end. He just spent longer on the shortlist than he would have eighteen months ago, and asked harder questions of the two finalists than I think he'd normally have bothered with. So did we, if I'm honest, because a market like this one doesn't leave much room for a soft assessment.

That's probably about right, all things considered.

Coburg Banks Sales Recruitment

Want to flood your sales team with superstar talent?

Since 2002, we've helped the UK's top companies recruit elite sales teams. Tell us about your role and we'll help you too.
I'm looking for a new job

Continue reading

Coburg Banks Sales Recruitment Agency

6 Risks of Understaffing in Sales Teams

Understaffing in sales teams can cripple growth and morale, leading to burnout and missed opportunities. Learn how addressing these risks can safeguard your business and enhance performance.
Coburg Banks Sales Recruitment Agency

5 Ways a Strong Sales Team Can Elevate Your Business

Discover how a strong sales team can elevate your business's growth and innovation. Learn key strategies to harness their potential for boosting revenue and brand credibility.
Coburg Banks Sales Recruitment Agency

The Psychology Behind Great Sales Hires

Understanding how the best sales professionals think and act can transform how you recruit and your company's prospects.
Coburg Banks Sales Recruitment Agency

Fever-Tree's Growth Is Real. So Is the Margin Hit

Revenue can grow while profit quietly shrinks, and that gap usually lands on whoever ends up running commercial delivery day to day.
Coburg Banks Sales Recruitment Agency

7 Common Challenges in Sales Recruitment (And How to Overcome Them)

Struggling with sales recruitment challenges? Discover seven obstacles and learn how to attract and retain top sales talent effectively.
Coburg Banks Sales Recruitment Agency

5 Reasons Retention Challenges Are Growing in Sales Teams

Struggling with high sales staff turnover? Discover key retention challenges and solutions to maintain a stable, high-performing team.
Coburg Banks Sales Recruitment Agency

The Role of Communication Skills in Building Strong Sales Teams

Unlock sales success with strong communication skills; they're crucial for closing deals and building client trust. Discover how enhancing these skills can transform your sales team's performance.
Coburg Banks Sales Recruitment Agency

8 Traits of High-Performing Sales Teams

Discover the traits that set high-performing sales teams apart and unlock your team's potential. Learn how vision, communication, and adaptability can drive exceptional sales success.
Coburg Banks Sales Recruitment Agency

The Sales Hiring Freeze Just Thawed

Sales hiring is moving again after nearly four years stuck, and the best candidates won't sit around waiting for you to catch up.
Coburg Banks Sales Recruitment Agency

The Client Knew Within Five Minutes. That's Not Luck.

A family-run business that could close deals but couldn't win new ones. The hire came down to what we asked candidates, not where we found them.
Coburg Banks Sales Recruitment Agency

8 Steps in Our Sales Recruitment Process That Drive Quality Hires

Is your recruitment process truly delivering top sales talent? Learn how aligning recruitment with sales goals helps find high-performing candidates.
Coburg Banks Sales Recruitment Agency

We Rewrote the Advert Three Times Before It Landed

A hard technical sales brief, a location off the beaten track, and stakeholders across Europe. It took three goes at the advert.
Coburg Banks Sales Recruitment Agency

I'd Rather Send You Nobody Than Somebody Who's All Right

A promise from the person who owns the business, about what we won't do. Mostly it's about not wasting your afternoon.
Coburg Banks Sales Recruitment Agency

You Only Pay When Your Hire Starts. And the Fee Won't Move If the Salary Does.

No fee until your hire actually starts, a three-month replacement and rebate guarantee, and a price agreed upfront. Here's what that buys you.
Coburg Banks Sales Recruitment Agency

Handing Over a Sales Role Shouldn't Feel Like a Gamble. Here's Why It Doesn't With Us.

You only pay when your hire starts. Here's what working with us is really like, guarantees, honesty, and all.
Coburg Banks Sales Recruitment Agency

I'd Rather Send You Nobody Than Somebody Who's All Right

A promise from the person who owns the business, about what we won't do. Mostly it's about not wasting your afternoon.
Coburg Banks Sales Recruitment Agency

You Only Pay When Your Hire Starts. And the Fee Won't Move If the Salary Does.

No fee until your hire actually starts, a three-month replacement and rebate guarantee, and a price agreed upfront. Here's what that buys you.
Coburg Banks Sales Recruitment Agency

Handing Over a Sales Role Shouldn't Feel Like a Gamble. Here's Why It Doesn't With Us.

You only pay when your hire starts. Here's what working with us is really like, guarantees, honesty, and all.