REC RECRUITMENT NEWS: Employers up pay to compete for candidates

In a press release released on 19th April 2017, the Recruitment & Employment Confederation (REC) announced that according to a survey of employers, two fifths (42 per cent) of employers who have had difficulty recruiting candidates have increased the salary on offer.
Their report continues to give more stats:
In an attempt to attract candidates after failing with an initial advertisement, 80 per cent of employers re-advertised the role. A quarter (24 per cent) have resorted to lowering the requirements of the role.

Skills shortages continue to be a major concern amongst employers, with half (49 per cent) stating they expect a shortage of candidates for permanent roles in the next three months.

Demand for staff prevails, with a third (34 per cent) of employers stating they have no spare capacity and would need to take on new staff if demand increased. A further 46 per cent have just 'a little' capacity and might have to take on staff if their workload grew.

The REC's latest JobsOutlook survey of 600 employers also reveals:
• One fifth (22 per cent) of employers plan to increase permanent headcount in the short term (the next three months) and medium term (the next four to twelve months).
• Construction, engineering/technical and health/social care are the three sectors where employers most expect a shortage of candidates for permanent roles.
• One fifth (19 per cent) of employers plan to increase temporary agency headcount in the medium term, and 12 per cent plan to do so in the short term.
• Engineering/technical, hospitality and drivers are the top three sectors where employers expect a shortage of suitable temporary agency workers.
REC chief executive Kevin Green says:
"The good news is that while we have record employment, employers have no intention of halting hiring. If you're ready and willing to move jobs, you could benefit from an increase in pay as many employers are increasing starting salaries to attract candidates with the qualities that they're looking for.

"However, throwing money at the problem isn't a long-term solution for employers, as they compete with each other for the available talent. We need to train people up by embedding employability skills in schools, providing effective careers guidance and promoting apprenticeships. Employers should take responsibility for investing in training – it will help them retain staff and grow their own talent.

"The short supply of skilled candidates is likely to get worse. Many sectors of the economy are dependent on EU workers. The government has got to design an immigration system which enables businesses to fill the roles they have available and keeps public services up and running. If it becomes harder for EU nationals to work here and employers can't fill their jobs, they will have little choice but to outsource the work overseas or automate it."

We use cookies to provide you with the best possible browsing experience on our website. You can find out more below.
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
+Necessary
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
ResolutionUsed to ensure the correct version of the site is displayed to your device.
essential
SessionUsed to track your user session on our website.
essential
+Statistics
Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Google AnalyticsGoogle Analytics is an analytics tool to measure website, app, digital and offline data to gain user insights.
Yes
No
+Marketing
Marketing Cookies are used for various purposes.
Tawk.toThis allows our Live Chat Functionality
Yes
No

More Details