Slower labour turnover ups stakes in war for talent, finds CIPD/Hays research

The proportion of firms reporting a rise in competition for well-qualified talent has risen threefold over the last four years, according to the CIPD/Hays Resourcing and Talent Planning Survey 2013.
Wed, 19 Jun 2013
The proportion of firms reporting a rise in competition for well-qualified talent has risen threefold over the last four years, according to the CIPD/Hays Resourcing and Talent Planning Survey 2013.

The annual survey of resourcing and talent planning strategies across private, public and voluntary sector organisations found 62% of companies struggling to get well-qualified recruits in 2013, up from 20% in 2009, with workers staying put in uncertain times.

Managerial and professional vacancies have proved the hardest to fill, with 52% of firms reporting difficulty, followed by technical specialists.

Available online, the report is launched today at the Chartered Institute of Personnel and Development (CIPD) Recruitment and Resourcing Conference and HR Software Show and Recruitment Exhibition, which carries on tomorrow and is attended by Recruiter.

This situation at the qualified and experienced end of the labour market is in contrast to the low-skilled jobs market which is a battleground for jobseekers facing high competition for jobs, notes CIPD research associate Ksenia Zheltoukhova.

Zheltoukhova adds that employers must “widen the pools from which they recruit and develop talent, as well as creating new and varied career paths driven by a culture of lifelong learning”.

However, Barney Ely, a director at Hays Human Resources notes that the firm is “starting to see confidence slowly returning to the jobs market with interesting and challenging opportunities available for those highly skilled professionals who are looking to make their next move”.

The survey also shows that while more than half of organisations report that they make use of social media in resourcing, just two fifths have a dedicated strategy and only a similar proportion has someone on their team that has been trained in how to use social media effectively.

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