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Good afternoon 

 

Spring has sprung, the grass has riz

But we’re a-wondering where Brexit is

 

Aside from wondering, in true British style we’re rolling up our sleeves stoically and getting on with it! Here’s the monthly round-up of pertinent news on employment, the labour market and industry updates tailored just for you.


Warm regards from the team at ETS

 
 

The number of vacancies in the UK generally increasing since 2012

The estimated number of vacancies in the UK fell sharply during the recession of 2008 to 2009 but has increased steadily since 2012. For December 2018 to February 2019 there were an estimated 854,000 vacancies in the UK, 39,000 more than a year earlier according to Labour market overview, UK: March 2019. The UK employment rate was estimated at 76.1%, higher than for a year earlier (75.3%) and the highest figure on record.

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Government to review international evidence on minimum wages

Spring Statement 2019: The government has appointed an economics professor to review the minimum wage policy in the UK and consider its impacts on employment and productivity.  The review will further explore the potential impacts of minimum wages on employment, in terms of volume and structure, productivity and economic growth, as well as analyse the ability of the labour market to absorb future minimum wage rises.  A new remit for 2020 and beyond will be decided later this year.

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Salary survey for key positions

  March % change
Design Engineer £44,175 1.1%
Graduate Engineer £30,765 -2.3%
Project Engineer £46,831 1.3%
Sales Engineer £34,967 -4.8%

 

(Source: Adzuna)

  March % change
Design Engineer £28,812 -0.4%
Project Engineer £32,465 -0.1%
Sales Engineer £31,329 0.2%
IT Helpdesk  £18,972 0.3%

 

(Source: Payscale)

UK employers leave workers in the dark about Brexit

A new Right Management study, Brexit: Age of Uncertainty, reveals the UK workforce’s anxieties as Brexit negotiations unfold. The study, examining the perspectives of employees across the UK in the run up to Brexit, found just 11% say their organisation has clearly communicated its Brexit plans to employees. According to the study, a third (33%) of employees expect a freeze in pay or promotions after the UK leaves the EU, and over half (54%) say Brexit will put extra pressure on the workforce. Furthermore, only 38% are confident their organisation will survive Brexit, and just 21% say their company is ready to make it a success. Importantly, 45% say a ‘no deal’ Brexit will have an adverse impact on their company.

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11 Human Resources Myths Your HR Department Wants To Dispel

There are many persistent myths about organizational human resources. Whether they breed resentment toward HR reps or simply discourage employees from reaching out, the impact is often detrimental. Professionals who work in HR know that these false perceptions can make their jobs more difficult, so it’s important to work toward ending these perpetuated misconceptions within your organization.  Here are 11 common myths and the reality behind them.

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UK SMEs predict 25% sales growth in the next financial year

New research from Skipton Business Finance says that UK SMEs across all sectors expect significant sales growth over the next financial year. Businesses were also questioned about whether they can see themselves hiring more staff, with over a third of SMEs (35.9%) replying with a confident “yes”, and a further 43.62% responding with “possibly”. “If there is one thing that we can take away from this survey is how the UK’s SME industries continue to be persistent and resilient even in uncertain times.”

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Onboarding Processes Have Become Crucial to Talent Competition

Onboarding is historically disappointing – did you know that 22% of staff turnover happens in the first 45 days? What a new employee thinks about your company is often determined by two things : their experience in the first week (onboarding), and the first impressions of their immediate manager. The onboarding process for employees and freelance workers is key to competing for talent.

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Book Corner

"Loonshots" How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries by Safi Bahcall

 

In Loonshots, physicist and entrepreneur Safi Bahcall reveals a surprising new way of thinking about the mysteries of group behavior that challenges everything we thought we knew about nurturing radical breakthroughs.

 
 

The definitive guide to identifying and categorizing poor sales performers

The definitive guide to identifying and categorizing poor sales performers. A must watch for all sales managers.

Watch now »

How to assemble your dream team

People make, or break, a company.  Here are 10 steps on how to assemble your dream team.

Watch now »
 
 
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