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UK — Employers cautiously optimistic about hiring in the next 12 months

14 May 2010

A new survey carried out by online jobsite CareerBuilder reveals that an improving global economy has triggered a renewed sense of optimism in UK hiring plans over the next year.

39% of UK employers reported they plan to hire full-time workers in the next 12 months. 26% plan to add part-time help while 21% expect to employ contract or temporary workers.

Farhan Yasin, President of CareerBuilder EMEA, said "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. 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."

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

More than half of UK employers (57%) reported that pay will be the same for new employees in the next 12 months compared to the previous 12 months. 28% expect it will be higher while 2% anticipate it will be lower than the previous 12 months. Others declined to answer.

Despite having an abundant labour pool to choose from, 28% of companies reported they currently have open positions for which they can't find qualified candidates. 62% believe there is a national skills shortage.

Yasin added "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. 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."



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