Recruitment and retention challenges remain finely balanced
Respondents are consistently experiencing difficulty retaining people, with 60 per cent reporting difficulties in the past year. An increasing number expect these difficulties to persist, with 70 per cent anticipating retention difficulties in the year ahead. Similarly, 70 per cent have experienced difficulty in the past year when it comes to recruiting people, and this is expected to remain the case for the year ahead for 64 per cent of respondents. This is consistent with the more conservative outlook being reported for pay and bonuses, which may be symptomatic of the uncertain outlook for employee turnover that is resulting from stalled Brexit negotiations. In order to overcome recruitment challenges, a significant 63 per cent of organisations have reported having to offer new recruits salaries that conflict with those paid to existing employees.