According to ONS. With the cost of living rising, it can only be expected to rise as demands for wage increases often exceed what SMEs can afford to pay. Add this fact to other growing demands being added to job seekers’ wish lists, such as increased benefits (holiday, better pensions and flexible working), and attracting talent is harder than ever.
Skills shortages are also a common factor. The middle market has always been notoriously difficult to hire. Economic uncertainty often makes people wary of diving into the job market or taking risks with a growing business. But there is light at the end of the tunnel. As with most hiring and financial downturns, this will be cyclical. The market will stabilize and people will regain confidence in finding something new. You may simply need to consider longer timeframes in your recruitment planning or review the package / role requirements for the interim.
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More than a third of UK businesses are struggling to fill their jobs: Max Levenger of Henley Resourcing: – TECHNOLOGY RESELLER
Source link More than a third of UK businesses are struggling to fill their jobs: Max Levenger of Henley Resourcing: – TECHNOLOGY RESELLER