August 25, 2017
Half of UK workers plan to leave their current job over the next year
Fifty percent of full or part-time workers in the UK want to leave their current job in the next 12 months claims a new study conducted by Citation. London businesses will be the worst hit, with two thirds (64 percent) of workers in the capital planning on eyeing up other employers. Furthermore, those aged between 18 and 24 are most likely to jump ship (64 percent), and men are 10 percent more likely to leave than women. For two in five workers, it’s salaries that’s forcing them to look elsewhere – this is most likely to be the key driver for 18 to 34-year-olds. Better career prospects (22 percent), drab company cultures (16 percent), dislike of managers (11 percent) and loathing of their job (10 percent) were other reasons given for wanting to leave. With, according to a study by Oxford Economics the average cost of recruitment costing £30,000, UK business owners look set for a costly year ahead. (more…)
An increase in the number of UK-born employees leaving the UK’s workforce, either through retirement or emigration is coinciding with a shrinking pool of younger workers, which a fall in immigration can no longer fill, a new report warns. An analysis of the UK’s workforce showed that the UK’s workforce grew in 2016-2017 only because of an increase in EU and non-EU workers. 
Nearly three quarters of employers in a recent poll say retaining female talent in the workforce is the most important issue in HR in 2017, as changes to childcare funding could impact on the recruitment and retention of working mothers. The research, which was carried out by My Family Care and recruitment firm Hydrogen, found that most employers thought that flexible working and supporting working parents and carers was important to them but strikingly, nearly three quarters (70 percent) rate the issue of retaining female talent after parental leave as the most important issue. However, 60 percent of HR professionals said their company provided no form of coaching or training support for their employees going through the parental transition. When it comes to the success of their family friendly initiatives, flexible working proved to be the most successful, followed by their Childcare Voucher Scheme and then enhanced maternity or Shared Parental pay.
Nearly three quarters (71 percent) of small and medium enterprises (SMEs) say that staff absenteeism is having a big impact on profitability suggests a new survey from Moorepay. The research found that many UK SMEs are experiencing higher than average absenteeism in their business. According to the Office for National Statistics, the average number of sick days for a UK employee is 
Three quarters (75 percent) of businesses expect to increase the number of high-skilled roles over the coming years, but 61 percent fear that there will be a lack of sufficiently skilled people to fill them. This is according to the 2017 CBI/Pearson Education and Skills Survey which highlighted that 62 percent see strong competition for candidates with appropriate qualifications as the most widespread cause of skills shortage, followed by a lack of candidates with appropriate qualifications (55 percent). According to the report, while the Brexit debate generates plenty of heat, ‘it’s the white heat of technological change that will mean huge change to the jobs of 2030’. Add that to the obvious question about what skills we’ll need to ‘home grow’ in the absence of free labour movement, and the skills gap is brought into sharper relief argues the report.
