CareerBuilder Surveys On UK Hiring Plans

By Vineet at May 13, 2010 | 8:19 pm | Print

An improving global economy has triggered a renewed sense of optimism in UK hiring plans over the next year. Thirty-nine per cent of UK employers reported they plan to hire full-time workers in the next 12 months. Twenty-six per cent plan to add part-time help while 21 percent expect to employ contract or temporary workers. The study was conducted by from 29 April to 7 May on behalf of CareerBuilder.co.uk and included more than 100 UK business leaders across industries.

“Companies are starting to change their focus from cost cutting to growth and they’re bringing back those areas most closely tied to revenue first,” said Farhan Yasin, President of CareerBuilder EMEA. “We expect to see gradual improvements in hiring in the second half of 2010 and into 2011, rather than a dramatic shift. Employers will remain cautious as they respond to new market dynamics.”

Top Functional Areas for Hiring

Sales is the top area where UK employers said they will add jobs first with 46 per cent planning to recruit new sales employees in the next 12 months. Other key areas include:
Customer Service – 22 per cent
Information Technology – 22 per cent
Administrative – 22 per cent
Accounting/Finance – 16 per cent
Marketing – 14 per cent

Compensation

More than half of UK employers (57 per cent) reported that pay will be the same for new employees in the next 12 months compared to the previous 12 months. Twenty-eight percent expect it will be higher while 2 percent anticipate it will be lower than the previous 12 months. Others declined to answer.

Skills Shortage

Despite having an abundant labour pool to choose from, 28 per cent of companies reported they currently have open positions for which they can’t find qualified candidates. Sixty-two per cent believe there is a national skills shortage.

“As the country’s financial health improves and the labour market recovers, you may see an even bigger gap between talent supply and demand in specialized areas,” said Yasin. “Employers are taking measures today to improve their talent benches and retain top performers through investing more in training, flexible work arrangements and new recruitment strategies.”

About CareerBuiler.co.uk

CareerBuilder UK is one of the most visited online jobs sites in the United Kingdom. Owned by Gannett Go., Inc (NYSE:GCI) Tribune Company The McClatchy Company (NYSE: MNI) and Microsoft Corp. (Nasdaq: MFST), CareerBuilder.co.uk powers the career centres for hundreds of UK sites that reach national, local, industry and niche audiences. For more information about CareerBuilder products and services, visit http://www.careerbuilder.co.uk

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