There is mixed news on the recruitment front, with the latest Recruitment and Employment Confederation (REC) and KPMG report on jobs hinting a positive turn, with permanent placements accelerating, the rate of demand for permanent staff remaining solid and average starting salaries continuing to rise. However, according to a new global report, employers are urged to be cautious about who they hire, because more than half of employers in each of the ten largest world economies say that a bad hire has negatively impacted their business, pointing to a significant loss in revenue or productivity or challenges with employee morale and client relations.

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Only a minority of employers understand the productivity benefits of their health and wellbeing initiatives, new research reveals. Towers Watson’s latest Health, Wellbeing and Productivity survey found that 66 per cent of employers thought the link between health and employee performance was a relatively limited part of their health and wellbeing programme, with the main drivers being the desire to be seen as a responsible employer and the need to focus on more preventative health measures to manage rising healthcare and disability costs. 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 →

Following on from the revelation that wellness programmes are only as good as the willingness of staff to participate, comes a study from the U.S. which highlights the role incentives can play in employers’ efforts to improve workforce health and performance. Aon Hewitt’s survey of nearly 800 large and mid-size U.S. employers representing more than 7 million U.S. employees found that 83 per cent now offer employees incentives for participating in programmes, while 58 per cent plan to impose consequences on participants who do not take appropriate actions for improving their health.

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Further data from Buck Consultant’s Global Wellness Strategies Report reveals that UK employers know what they want from their workplace wellness strategy, but less than one in 10 (9 per cent) actively measures specific outcomes, and three quarters (74 per cent) of those that don’t say it is due to limited resources. According to the study, increasing employee morale and engagement (73 per cent), improving staff productivity and reducing presenteeism (69 per cent), and reducing absenteeism (66 per cent) are the three top goals for UK businesses; with the top four health risks identified as stress, workplace safety and work-life balance issues and depression.

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Less than half of organizations worldwide actively apply the basic elements of a health management programme, with just a third having a formal strategic plan for health and wellness. This is according to Mercer’s Talent Barometer research which explores key accelerators of talent effectiveness – education, health and wellness, and career experience – and their impact on successful workforce practices. While employers are investing in talent, with 60 per cent of organizations increasing spending in this area in recent years, only 24 per cent say their current plans are highly effective in meeting immediate and long-term human capital needs.

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