New Year, New Job…or is it?
New Year has been a traditional time to update your CV, scan the job boards and start looking for a new job. However recent research by Investors in People (IIP) has found that there has been a slight drop in people planning to change jobs in 2018 (12pc). Whilst this indication of stability is promising, still nearly half the UK workforce (47%) will be looking for a new job this year. Poor Management is the main reason cited as the driver to look for a new job. A third of people said a more flexible approach to working would be preferable to a pay rise. Money is still important and many people have stated they feel they could earn a better salary elsewhere. Not feeling valued by employers is another top reason for starting up the job search.
This suggests to potential employers that management strategies must evolve and greater attention should be made to offer good communication, feedback and improvements to retain staff. Employers should look at offering flexible working, Research from the CIPD has shown that implementing flexible working practices can improve staff engagement and motivation.
Employment market is great for job seekers!
The employment rate has gradually been increasing since 2012 and the solid growth of the economy in 2016 has meant a number of new jobs were created, however ONS recently that the upswing has petered out with a slight fall in the last quarter. However on a positive note city analysts have reported a slight pick up on earnings growth, there is also a record high in the number of vacancies registered. There is a surge in student numbers and a fall in the number of citizens from central and Eastern European countries, this combined with the skill gaps employers are facing means that there are more jobs available for people willing to develop their skills and qualifications. In particular within the FM and Property sector, there is a rise of requirements with skills in IT, Health and Safety and Auditing. Job seekers should ensure they are up to speed with the latest industry developments and take training courses to enhance their skills in that area.
If you are looking for a new role, please call us to discuss on 0203 6673414.