Recruitment freezes starting to thaw
Friday, 27th November 2009
Employers are keeping a tight rein on pay, but recruitment freezes are starting to thaw and some of the dramatic changes made to working patterns during the recession are now being eased.
Research by recruitment experts Harvey Nash and the CBI revealed that the number of firms operating a recruitment freeze has dropped from 61% in the spring to 37%.
This was largely due to firms unfreezing parts of their organisation, and there was far less of a drop in the number of firms who have blocked new hires across the whole business.
Meanwhile only half of all employers are planning to freeze pay altogether - and only 4% plan to make an inflation-beating rise.
Albert Ellis, Chief Executive Officer of Harvey Nash, said: "This downturn has required tough decisions and strong leadership from managers at every level of every organisation. On a positive note, there have been many examples of employers and employees working together to minimise the impact of the recession on jobs, skills and pay."
Written by Mike Jones 'Recruitment Today'