Talent retention emerges as top challenge for UK employers in 2024

-

Talent retention stands out as the main challenge for employers, according to recent research conducted by HR software provider Ciphr.

The study, which surveyed 300 HR decision-makers across the UK, unveiled a spectrum of hurdles facing employers in 2024. Key concerns included retaining top talent, meeting salary expectations, and fostering a healthy work-life balance for employees.

The findings underscored the complexity of modern workplace dynamics, with respondents citing an average of 11 distinct challenges or pain points within their organisations.

Chief among these challenges was the imperative to retain skilled employees, with over half (51%) of HR professionals ranking it as their foremost concern.

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

 

Also, employers expressed apprehension regarding their ability to meet employees’ expectations around wages, work-life balance, and mental health support, with 46 percent flagging this as a pressing issue. The transition to remote or hybrid work arrangements emerged as another significant challenge, cited by 45 percent of respondents.

Employee well-being and engagement

Recruiting qualified candidates, maintaining workforce engagement, and cultivating a positive workplace culture were also identified as critical priorities, reflecting the multifaceted nature of the contemporary employment landscape.

Claire Williams, Chief People and Operations Officer at Ciphr, emphasised the pivotal role of investing in employees amidst evolving economic and technological landscapes. Williams highlighted the necessity for organisations to adapt to changing workforce demographics and expectations, urging leaders to prioritise employee well-being and engagement.

Williams stressed that while budget constraints may pose challenges, investing time and effort in enhancing the employee experience can yield substantial returns in terms of retention and organisational success.

The research further revealed that HR teams have identified talent retention, recruitment, and employee well-being as their top priorities for the year. Resolving salary issues and providing ongoing training were also emphasised as critical focus areas.

Amelia Brand is the Editor for HRreview, and host of the HR in Review podcast series. With a Master’s degree in Legal and Political Theory, her particular interests within HR include employment law, DE&I, and wellbeing within the workplace. Prior to working with HRreview, Amelia was Sub-Editor of a magazine, and Editor of the Environmental Justice Project at University College London, writing and overseeing articles into UCL’s weekly newsletter. Her previous academic work has focused on philosophy, politics and law, with a special focus on how artificial intelligence will feature in the future.

Latest news

Exclusive: London bus drivers’ ‘dignity’ at risk as strikes loom over welfare concerns

London bus drivers raise concerns over fatigue and lack of facilities as potential strikes escalate long-standing welfare issues.

Whistleblowing reports ‘surge by up to 250 percent’ at councils as new rights take effect

Whistleblowing cases are rising across UK councils as stronger workplace protections come into force, though concerns remain about underreporting of serious issues.

Bullying and harassment to become regulatory breaches under new FCA rules

New rules will bring bullying and harassment into regulatory scope, as firms face rising reports of workplace misconduct.

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.
- Advertisement -

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.

Must read

Anne-Marie Archard: Why we need women’s networks in the NHS

Working in the NHS and running the London Leadership Academy, I have been only too aware over the years of the imbalance between the number of women we have working in the NHS, and the number that make it into senior roles.

Ami Bloomer: Cloud & Mobile – The future of leadership development?

The cloud is ubiquitous. Millennials, the generation who have...
- Advertisement -

You might also likeRELATED
Recommended to you