The CBI/Accenture Employment Trends Survey found that over half expect their workfoce to grow in number over the next year. Job prospects for young people also have improved with many of these firms planning to recruit graduates and apprentices.
“Firms are gearing up for a positive 2015 with over half planning to create jobs, most of which will be permanent. Young people should find more chances to get a foot on the career ladder this year, with many firms looking to boost their intake of graduates and apprentices,” says Neil Carberry, CBI director of employment and skills policy. “We want to see everyone enjoy the rewards of the recovery and every region has a big role in driving the UK economy forward. Growth should work for everyone, and skills are the key route to ensuring that this happens through improved productivity and pay.” Forty-three per cent of firms are planning a pay rise in line with the Retail Price Index (RPI). There has been a small increase in the proportion of companies expecting to pay above RPI when compared with last year’s survey – 12 per cent in 2014 compared to 7 per cent in 2013. Read more about UK employment trends:
Low level of skills (63 per cent), closely followed by the burden of employment regulation (61 per cent) are seen as the greatest workforce threats to UK competitiveness – respondents believe this will still be the case in five years’ time (54 per cent). “It’s important that growth works for everyone, which means regions throughout the UK benefitting from the economic recovery and employers opening up different and more inclusive routes into their workforces,” adds Olly Benzecry, managing director for Accenture in the UK and Ireland. “It’s very encouraging to hear that businesses are planning to build their workforces in the future by taking on more young people, including apprentices. It is also good to note that, within this mix, companies are recognising that they can enhance their competitiveness by harnessing the digital capabilities of these young people.”
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
