HRreview Header

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.

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

James Rowell: The human side of expenses – what employee behaviour reveals about modern work

If you want to understand how your people really work, look at their expenses. Not just the total sums, but the patterns.

Skills overhaul needed as 40% of job capabilities set to change by 2030

Forecasts suggest 40 percent of workplace skills could change by 2030, prompting calls for UK employers to prioritise adaptability.

Noisy and stuffy offices linked to lost productivity and retention concerns

UK employers are losing more than 330 million working hours each year due to office noise, poor air quality and inadequate workplace conditions.

Turning Workforce Data into Real Insight: A practical session for HR leaders

HR teams are being asked to deliver greater impact with fewer resources. This practical session is designed to help you move beyond instinct and start using workforce data to make faster, smarter decisions that drive real business results.
- Advertisement -

Bethany Cann of Specsavers

A working day balancing early talent strategy, university partnerships and family life at the international opticians retailer.

Workplace silence leaving staff afraid to raise mistakes

Almost half of UK workers feel unable to raise concerns or mistakes at work, with new research warning that workplace silence is damaging productivity.

Must read

Chris Norris: How can HR become the ‘go to’ for the ‘me too’ movement?

Chris Norris, CFI and Director of Wickander-Zulawski asks: are HR professionals equipped for that ‘difficult conversation’?

Royston Guest: Why meaningful learning and development is essential for team motivation

See the four principals of employee growth and development.
- Advertisement -

You might also likeRELATED
Recommended to you