Businesses plan to hire more staff as economic conditions improve

-

Three in four firms are set to hire more staff as the economic conditions for businesses improve, according to a new survey by the Recruitment and Employment Confederation (REC).

The latest REC JobsOutlook survey found that 74 percent of employers intend to take on permanent staff in the next three months. This indicates a recovery from a dip in hiring intentions in the last two months (62% in May and 63% in June), signalling that employers are feeling more confident following a period of uncertainty during the run up to the general election.

Eight out of ten (80%) of respondents said that economic conditions in the UK as a whole are getting better, and almost half (46%) expect hiring and investment to improve.

Other findings from the survey show that four in ten (41%) of employers even increased pay for staff in the last year, with none reducing pay levels. However, many are anticipating shortages in candidates for professional and managerial roles (14%), construction roles (11%) and technical and engineering roles (11%) in the next year.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

REC chief executive Kevin Green says:

“Our data shows that almost all businesses are operating at capacity and want to take on more staff to meet demand, but the reality is that chronic skills shortages are making this difficult.

“For workers the outlook is good. Starting salaries continue to rise as employers compete for talent, and permanent and temporary opportunities are available to those with the required skills and capability.

“With candidates in short supply employers need to think hard about how they attract jobseekers. Longer term, business, government and educators must work together to help alleviate the skills shortages so that candidates are equipped with the skills that employers need. It’s concerning that instead of meeting this challenge the government is making it harder for employers to bring in the people they need from overseas with the proposed changes to Tier 2 visas.”

 

Amie Filcher is an editorial assistant at HRreview.

Latest news

Superdry co-founder’s victim warns workplace power can silence abuse victims

A survivor's account raises questions about speaking-up cultures and accountability in organisations.

UK’s always-on work culture ‘driving employee burnout’

Nearly half of UK workers say they end most working days mentally exhausted as rising workplace pressure leaves employees and managers struggling to switch off.

Andrew Murray on why no two days look alike

A people development leader shares how travel, training and a passion for helping others shape a working day with little room for routine.

Lucy Standing: Older workers are back in the centre of the hiring debate – ready to lead the response?

For HR leaders, the argument is simple: the people being filtered out of your hiring process are not past their best.
- Advertisement -

One in 10 women quit work after pregnancy loss, report finds

Research suggests inconsistent workplace support following pregnancy loss and maternity leave is contributing to resignations and poorer mental wellbeing.

Fear of becoming obsolete grips workers as AI reshapes careers

More than two in five workers worry their skills could become outdated as AI reshapes hiring demands and increases pressure to keep learning.

Must read

Peter Reilly: Measuring the impact of the strategic HR business partner

Does the old adage ‘if it moves measure it’...

Wouter Durville: Finance firms are using skills-based hiring strategies more than other industries

"The days when resumes and cover letters were the keys to unlocking dream jobs are over, with both employees and employers now leaning on alternative recruitment methods."
- Advertisement -

You might also likeRELATED
Recommended to you