Private sector pay expected to exceed public sector by 2016

-

Interim findings revealed by the Centre for Economics and Business Research (CEBR) and totaljobs.com outline the necessity for the Public Sector to focus more on their employer brand to attract future talent.

The interim report, entitled ‘Bridging the Gap: Developing a framework to attract new talent into the Public Sector’, details that over 1.5 million vacancies will need to be filled from the period 2012/13 to 2016/17, with over half a million experienced, managerial hires required. However, with private sector pay expected to exceed that of the Public Sector by 2016, and other benefits such as pensions continuing to be brought in line with the private sector, organisations will need to address how their ‘employer brand’ is perceived by potential recruits.

54% of Public Sector hiring managers state that poor perception of the sector is a key barrier in attracting talent and 70% believe that a lack of new talent applying for public sector roles is hindering efficiency in their organisation, suggesting that there is more public organisations could learn from the private sector and how they market themselves to potential recruits.

Indeed, the report outlines that graduates, an important future talent pipeline for the Public Sector, see job prospects and training opportunities as the most attractive aspects of a career in the Public Sector. It’s clear that to attract Public Sector leaders of the future, organisations need to shift focus away from pay if they are to compete for top graduate talent of the future.

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

 

Mike Booker, Public Sector Director, totaljobs.com: “The research shows that there is an appetite from UK employees to work in the Public Sector. However, with cuts and the private sector yet again competing on key elements such as pay and pensions, Public Sector employers need to think differently when it comes to securing future talent.

We’re calling for Public Sector organisations to think more like a brand and become a destination employer of choice. To do this, they need to define a point of differentiation against other sectors. This means working more effectively and efficiently with other parts of their business. This is not just with marketing teams but it is important that recruitment becomes a key priority for HR functions to ensure it isn’t just a short-term transaction; you’re selling someone their future and career.”

Mike Booker will be presenting the interim findings of the research at ‘Engaging Public Sector Talent’ on 16th October 2012. The full report alongside recommendations to Public Sector organisations will be published in November 2012.

Latest news

Employers prioritise cost control over growth as confidence remains weak, CIPD says

Rising labour, energy and operating expenses are keeping employers cautious on hiring, pay and investment despite a modest rise in recruitment intentions.

Ciara Harrington: Why an AI strategy without skills visibility is just guesswork

Organisations are racing to adopt AI, but does the workforce actually have the skills to use it in meaningful, productive ways?

Maureen Kyne on hidden problems in workplace reporting

“Upward bullying is frequently buried within aggregated HR reporting, labelled as ‘conflict’ or ‘personality clashes’, masking its true impact and preventing meaningful oversight.”

Scott Mills preparing unfair dismissal claim against BBC after Radio 2 sacking: report

The former Radio 2 presenter is reportedly preparing an unfair dismissal claim against the BBC following his removal earlier this year.
- Advertisement -

Alison Lucas & Lizzie Bentley Bowers: Why your offboarding process is as vital as onboarding

We know that beginnings shape performance and culture, so we take time to get them right. Endings are often rushed, avoided or delegated to process.

Reward gaps leave part-time and public sector staff ‘at disadvantage’

Unequal access to staff perks leaves part-time and public sector workers less recognised despite strong links between incentives and engagement.

Must read

Lisa Pantelli: The science behind engaging employees

Our world is rapidly evolving – economically, technologically, socially...

Key 2018 legal changes every business should know about

2017 was an interesting year for employment law with Brexit, the gender pay gap, sexual harassment and the gig economy dominating the headlines and we can expect 2018 to continue in the same vein. ELAS employment law consultant Enrique Garcia takes a look at the areas to watch in the year ahead.
- Advertisement -

You might also likeRELATED
Recommended to you