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Boundless CEO Dee Coakley's latest report, "Decoding Employment Costs in Europe," sheds light on the significant disparities in employment costs and net pay across 32 countries. Understanding these differences is crucial for effective hiring strategies and financial planning. 🌎 💼 Discover which countries offer cost-effective hiring options and how net salaries vary dramatically. 💡 Are you considering expanding your workforce in Europe? This report is a must-read for recruiters and CFOs alike! 📰 Dive into the full report for in-depth insights: 📌 https://lnkd.in/dV6AEgyt #EmploymentCosts #HiringStrategy #EuropeanWorkforce #workforce #employmentcosts #recruitment #salaries #HR

Here is the latest UK labour market commentary from CIPD's senior labour market economist Jonathan Boys. If you are involved in HR, workforce planning, talent acquisition, or recruitment, it makes interesting reading for the interesting times we are living in! #hiring #recruitment #workforceplanning #redundancies #vacancies #humanresources #talentacquisition https://lnkd.in/euyWFG4T

Get insights from the May ADP National Employment Report™, providing a comprehensive view of private-sector job trends and annual pay growth. Chief Economist Nela Richardson highlights emerging patterns in the labor market. Read the Latest full News - https://lnkd.in/dfCAVhjC #hrtech #hrtechedge #hrsolution #employment #report #hrinsights #businessgrowth #innoavation #transformation #technology

Recent data from CIPD on the Labour Market highlights over half of employers (55%) are opting to maintain their current staff levels, marking a significant increase since the winter of 2016/17. 📈 Strikingly public sector employers are twice as likely as their private sector counterparts to reduce staff levels in the next three months (19% versus 9% in the private sector). 🏛️ The challenge of hard-to-fill vacancies persists, particularly in the public sector where 52% of employers face this issue, compared to 33% in the private sector. 💼 Basic pay increase remains stable at 4% for the second consecutive quarter, it is noteworthy that private sector employers anticipate higher pay awards compared to their public sector counterparts (4% versus 3% respectively) in the next 12 months. 💰 At Think People Consulting Ltd, we specialise in serving clients across both public and private sectors. With a deep understanding of the distinct challenges and regulatory frameworks in each domain, we aim to empower organisations to optimise their human capital and achieve their strategic objectives. Drop me a message or please do not hesitate to contact Think People Consulting Ltd on 0289031 0450. 📞

🚨 **Important Update for Employers and Employees** 🚨 Recent research reveals a significant trend: more employees are seeking pay rises due to the increasing cost of living. Financial expert Effie Zahos highlighted this on the Today show this morning, stating, as the cost of living continues to rise, employees are feeling the squeeze and are now more than ever advocating for higher pay. In fact, 77% of employees are now looking for new jobs. Employers, this is a critical time to act to retain your top talent. 📈 Watch the full segment here: [Today show video](https://lnkd.in/gCTSk_kZ) Employers, it's crucial to understand these concerns and address them proactively to maintain a motivated and satisfied workforce. Employees, don't hesitate to have open conversations about your needs and expectations. If you’re an employer looking to navigate retention in the current market or an employee considering a job change, reach out to us for a confidential conversation. We're here to help. #CostOfLiving #PayRise #EmployeeAdvocacy #EffieZahos #TodayShow #CareerAdvice #TalentShortage

Did you know 55% of employees in ACT are looking for a pay rise in the coming 12 months, and 60% believe they would benefit financially from changing jobs? If you want to retain your top talent, but budgets are tight, offering the right benefits could be your solution. The Hays Salary Guide, featuring insights from more than 15,000 professionals, empowers you to make informed decisions on your workforce strategies. Make the numbers work for you. Download our free guide today.  AU: https://bit.ly/3zPZhMC  NZ: https://bit.ly/4fhBZze #HaysSalaryGuideANZ #Salaryguide2024 #Yearforaction #Hays #ManagementAdvice

Our Labour Market Outlook - Autumn 2024, provides analysis on recruitment, redundancy and pay intentions combined with unique insights on labour market topics 📊 With the latest headlines and leading figures: - Employer confidence in hiring has grown this quarter, showing the strongest rise since late 2021, with a renewed optimism especially within the public sector ⚙️ - Recruitment plans are highest among public sector employers, while small private sector employers remain less likely to hire from underrepresented groups ✅ - Expected pay increases are steady overall, but the public sector has seen a notable rise, likely influenced by recent government-led pay adjustments 💰 Read in full here: https://ow.ly/mlLV50U4Fzf #CIPD #HR #People #Business #Finance #LabourMarketOutlook #Report

Great advice for benchmarking your employees salaries and when looking for new Talent. Download the Hays Salary Guide.

📊 July 2024 UK Labour Market Insights for Businesses 📊 The latest ONS Labour Market report is out! Key takeaways are: 1. Gradual Employment Increase: A slight increase in employment with a 0.9% annual employee increase on payroll suggests a cautious but positive hiring trend. 2. Changes in Workforce Engagement: A small decrease in economic inactivity this quarter points to a slightly more engaged workforce. 3. Wage Growth vs. Job Openings: Strong wage growth persists at 5.7% annually, though the decline in job vacancies continues, highlighting a shift in labour demand. If you are looking to navigate these changes, try exploring new talent attraction strategies, focusing on digital platforms where engagement is growing. Explore the full insights here 👉 ONS Labour Market Overview, July 2024 #BusinessInsights #LabourMarketTrends #ONSReport #UKEmployment #TalentAttraction

The latest labour market figure from the Office for National Statistics (ONS) show that unemployment is rising and vacancies are dropping. However, the economic outlook isn't necessarily all bad... A separate survey of 1,000 UK HR leaders highlighted that temporary hires are up this year by 69%. When taken together, it would suggest that businesses are cautiously optimistic: 🙋♂️ Businesses need additional resource... 👀 But they're not yet ready to commit to permanent hires. This is likely because consumer spending continues to be bolstered by above-inflation pay growth. 🛒 Businesses up and down the value chain have plenty of customers to serve. The consequence is that the war for talent remains. Businesses are fighting to hire the best people and retain knowledge and experience. And anecdotally, this checks out... 👷♂️Improving retention by focusing on the entire employee experience remains a priority across sectors. 🕵️ Increased financial discipline due to the aforementioned cautiousness is encouraging cost-conscious introspection on how HR, Talent and Payroll are being operationally managed. #HR #EmployeeExperience #EmployeeEngagement