Businesses plan to continue hiring workers and investing, with a poll from the Recruitment and Employment Confederation (REC) showing confidence in both areas remained positive in the three months to August. While a reading of hiring and investment confidence came in at a net positive five points, this was down two points compared with the previous three months. The survey also shows that business confidence in the economy climbed to a net -38, up from -41. REC chief executive Neil Carberry said that while employers remain cautious about the wider economy, “they will have been cheered by dropping inflation and a pause in interest rate rises.” He added: “Throughout this year, firms have leant on temporary work to navigate the slowdown – we will be watching for a switch back to permanent hiring as growth picks up.”
Our HR comment: – REC survey: UK businesses remain positive about hiring and investment | Consensus HR – Herts, Beds
Matthew P Chilcott, FCIPD, ACEL, Owner of Consensus HR comments: “This is some very interesting news in ‘The Times’ today in relation to recruitment and positivity with some positive points in a poll. At Consensus HR we have helped many businesses recruit temporary members of the team as well as permanent members and continue to do so, ensuring all areas of HR are covered from day one such as Terms & Conditions of Employment, Induction, Performance Reviews and much more. Many companies still do not realise that a new employee is entitled to a Contract of Employment from day one of employment and businesses need to ensure they prepare adequately when interviewing and as part of their overall recruitment strategy!”
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