Whilst hiring confidence remains positive across all sectors, according to the latest ManpowerGroup Employment Outlook Survey (MEOS) for Q4, new candidates are faced with less bargaining power as employers prioritise retaining their existing workforce.
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We are proud to share ManpowerGroup’s latest ESG Report, Working to Change the World, detailing our commitment to shaping a more sustainable, resilient future for all, and our progress against our three pillars: how we are caring for the Planet, amplifying our impact on People & Prosperity, and adhering to strong Principles of Governance with new awareness and urgency.
Continue readingThe UK Net Employment Outlook has fallen to +25% for Q4, a decline of eight percentage-points on Q3, and a decrease of six percentage-points year-on-year according to the latest ManpowerGroup Employment Outlook Survey (MEOS). Whilst hiring confidence remains positive across all sectors, new candidates are faced with less bargaining power as employers prioritise retaining their existing workforce.
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Organisations creating a digital-first workforce need to blend talent with the right tools to increase productivity, improve decision-making, and build bottom line success.
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Leaders who want to empower innovation, improve retention, and maximise business performance will invest in upskilling and reskilling their workforce.
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In the last decade, the IT sector has seen phenomenal growth – but is it now growing fast enough to keep up with digitisation? We are living in a world where the life span of technology is shrinking, demand for IT talent outstrips supply, adaptive skills are highly prized, and companies need to be bolder and more deliberate in their workforce strategies.
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What does it mean to thrive at work? According to today’s workforce, it means being empowered to grow, nurturing mental fitness and physical well-being, finding meaning and purpose in their work, and defining success for themselves.
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The latest findings in the ManpowerGroup Employment Outlook Survey (MEOS) show strong hiring optimism continuing into the third quarter of 2022, with +35% of employers planning to add to their workforce. However, in conjunction with labour markets rebounding, the impact of the pandemic has catalysed a talent shortage of historical scale, with employers globally reporting unprecedented talent and skills shortages.
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Labour markets are striving to rebound from the impacts of the pandemic, catalysing a talent shortage of historical scale. More than 3 out of every 4 (78%) companies now report difficulty hiring – a 16-year high.
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Organisations are under more pressure than ever to find talent with the right skills, whilst increasing workforce performance and productivity. On top of this, employers in the UK have ambitious plans to increase headcount at a record rate. Businesses are proactively recruiting following the pandemic, yet struggle to fill vacancies.
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