Among the renewed debate on whether the Thatcher years sowed the seeds of social and economic inequality, comes new salary data by the Chartered Management Institute (CMI) and XpertHR, which reveals company directors (including chief executives) enjoyed pay increases almost twice the size of the average UK executive over the last 12 months. The research also found that the number of employers struggling with staff recruitment continues to increase year-on-year. Almost two thirds (64.7 per cent) of employers experienced problems with staff recruitment over the last 12 months – up from 58.7 per cent in the 2012 report and 48.9 per cent in 2011. More →

Employers from the private sector intend to hire new staff in the coming months, despite UK businesses not anticipating economic growth in the next two quarters. According to the latest Business Trends report by accountants and business advisers BDO LLP UK businesses’ hiring intentions over the next two quarters, reached 96.0 in March, the highest since August 2011. Peter Hemington, Partner, BDO LLP, commented: “It is encouraging to see improvement in UK businesses’ hiring intentions, particularly in light of the imminent public sector payroll cuts which will add pressure to the unemployment rate.” More →

More positive signs on the jobs front today with the news that despite continuing to face a challenging economic climate, the majority of employers are still planning to increase or maintain their permanent staff over the next three months. This is according to the Recruitment and Employment Confederation’s (REC) latest JobsOutlook survey. REC director of policy Tom Hadley said: “Our latest data shows the majority of employers are planning to increase or maintain their permanent headcount over the next quarter which suggests that the jobs market will continue to outperform the rest of the economy in the short term. Although the ONS reported a rise in unemployment last week, it is important to emphasise that the employment figures were also up.” More →