Nearly two in five employers expect to be employing more staff this year yet few anticipate a significant rise in wage costs, according to a CIPD survey.
The quarterly HR Trends and Indicators survey, involving almost 2000 employees, found that more than half of employers plan to recruit this Spring. Recruitment intentions are strongest in the finance and public administration sectors.
However, nearly a quarter of employers plan to lay off staff this Spring, citing reorganising work methods (31%) and competitiveness, efficiency and cost reduction (21%) as the main reasons for making redundancies. Only 2% cite relocation of staff overseas, with just 6% pointing to merger activity.
Other key findings:
