Stuart Gentle Publisher at Onrec

Buyer's market to continue into 2020

Matt Weston, Managing Director, Robert Half UK comments on the ONS Labour Market Statistics:

“The UK labour market has been characterised by a competitive hiring environment over the course of 2019, with today’s statistics highlighting that employment rates remain at record levels. As such, we expect the buyer’s market – where in-demand professionals are often receiving multiple offers – to continue into 2020.

“This ‘war for talent’ places the onus on employers to review their talent attraction and retention strategies. Skilled professionals today are looking for more than just a competitive remuneration package – flexibility, development opportunities and company culture are increasingly valued when reviewing an offer.

“It’s also worth noting that professionals are forming their opinions on the role from the very start of the job application process, through to the interview process and offer stage. Therefore, employers who are able to create a positive recruitment experience – as well as an attractive offer – will be able to hire the industry’s leading talent.”