Record levels of job vacancies leading businesses to re-evaluate employee offering

The most recent up to date snapshot of the labour market has been provided by the Herefordshire & Worcestershire Chamber of Commerce and Hewett Recruitment with the release of the latest Salary & Benefits Report. According to the Office for National Statistics job vacancies have risen to over 1 million, the most since records began with the level of jobs available exceeding pre-pandemic levels. This has led to enhanced competition for labour which presents an issue to businesses when recruiting and retaining staff. The 2021-22 Salary & Benefits Report will allow your business to benchmark your offering against your competitors and see how others are reacting to a change in attitude from employees. The report includes information on the salary packages of different roles over a variety of sectors and includes a special mention on the role flexible working has played in employee’s benefits packages. The increase in remote working, as a result of the pandemic, has seen businesses re-evaluating their flexible working policies and recruitment strategies now that remote working has become an option. It is important businesses are considering such factors when developing their employee packages. The Report will help your business to consider how you can begin to think about factoring in remote working to better position your business in the labour market. Sharon Smith, Chief Executive of Herefordshire & Worcestershire Chamber of Commerce, said: “Attracting and retaining people with the right skills is without a doubt, one of the most challenging barriers firms continue to face. “The Salary & Benefits Report will go a long way in supporting businesses to ensure they are providing current and future employees with a competitive package and not falling behind the competition. I would urge all businesses to read the report to benchmark your offering and see what other businesses are doing differently to attract skilled workers.” The Report was launched at the recently held HR Conference, where a number of speakers discussed the hot topics in the world of HR. The event was well attended and saw over 80 HR professionals gather. It provided the perfect opportunity to release the digital version of the report, Laura Hewett of Hewett Recruitment delivered the launch. Laura Hewett, Owner & Director of Hewett Recruitment, said: “We are seeing businesses across Herefordshire and Worcestershire stepping up to the challenge and really showing some creativity to position themselves as ‘employers of choice’. Candidates know they have choice and as such are becoming much more discerning when choosing their next employer.” The Salary & Benefits Report for 2021-22 is available to download for free and can be access by visiting hwchamber.co.uk/salary-benefits-report-2021-22

Categories

Get in touch

Call our team today on

01905 677 888

Or E-mail our team today

Click here to make an enquiry
    By submitting this form, you acknowledge and consent to the data in this application form being held on the shared database in accordance with the Data Protection Act 2018. By submitting this form you consent to receiving information on grants, business support and funding schemes via telephone, mail and email by partners. For further information please visit http://www.business-central.co.uk/data-statement/
  • This field is for validation purposes and should be left unchanged.

By using this website you agree to accept our Privacy Policy and Terms & Conditions