Why exit interviews should be a central component of any talent retention strategy

A combination of rising energy costs, inflation and the cost of living crisis means that many organisations will have less capital to invest in recruitment – with 21% of UK businesses feeling cautious about hiring new employees or contractors in fear of a recession, resulting in hiring intentions falling 10% year- on-year. At the same time, employees are looking for improved renumeration to help manage the personal impact of the same economic factors. This is likely to lead to a disconnect between businesses and their workforces, with employers wanting to retain talent but lacking the financial capacity to raise salaries in line with what their employees are demanding.

Continue reading

Protecting culture when the leadership mantle is passed on

The demands placed upon leaders and their businesses by employees are continuously evolving. They are expected to understand, reflect and respond to the values, wants and needs of their entire workforce, especially if they wish to retain talent in an extremely competitive market. And recent ManpowerGroup research has identified a number of workforce trends that are driving a response from leaders across all sectors.

Continue reading

How coaching has the power to help quiet quitters find their voice again

As ongoing economic difficulties driven by rising energy costs, inflation and the cost of living crisis mean organisations are less able to invest in recruitment, many business leaders will instead be looking to maximise the potential of their existing workforce. However, the quiet quitting trend hasn’t gone away, and so while business leaders are contending with increased running costs, they’re also relying on employees who may have mentally checked out of their roles to drive results for the organisation.

Continue reading

ManpowerGroup Employment Outlook Survey – Q2 2023

UK employers report a buoyant labour market with the Net Employment Outlook rising to +21%, up two percentage-points since last quarter and down ten percentage-points on Q2 2022. In the context of record low unemployment and a historically tight labour market, employers continue to struggle to attract skilled talent, and in demand workers can’t find employers that fit their pay and skills needs. ManpowerGroup is advising employers revisit their essential skills requirements and consider what can be learnt on the job.

Continue reading

The Ultimate Reskilling Guide

As talent demand continues to outstrip supply and a digital skills shortage is exacerbated by one third of the UK’s ‘digitally literate’ workers being unable to even complete a single digital skill, it is not surprising that businesses report their number one impediment to growth is a lack of skilled talent.

Continue reading

Achieving Employer Brand and EVP success in four steps

After a year where the number of open vacancies outstripped the number of unemployed for the first time on record, UK businesses have revealed a slight cooling in hiring sentiment as we enter 2023. However, even though recruitment intentions have lowered, hiring intentions are still an average 19% net positive and 72% of UK companies are reporting difficulties securing the workers they require.

Continue reading

The New Human Age

We believe we are embarking on a New Human Age — a time where people are utilising technology and digital tools to enhance human connections, be more productive, and live more meaningful lives. In our latest report, The New Human Age Workforce Trend Report, we explore the workforce trends that are accelerating The New Human Age and key insights impacting talent demands and the workforce.

Continue reading

Fixing Talent Shortages in 2023 Means Fixing the Leaky Bucket

Staff attrition is turbo-charging the UK’s current talent shortage. As fast as businesses hire new talent, they lose existing talent – it’s like forever filling a leaky bucket. Meanwhile, high competition for new talent and extended time to effectiveness for new hires is eating into productivity, accelerating recruitment costs and making businesses less competitive.

Continue reading