Was Your Staff Retention In the Warehouse, Contract Packing, Print and Manufacturing Sectors a Struggle in 2018?
You’re a manager responsible for operations in your business, I bet you’re reflecting on 2018 and how 2019 can be better...
Matthew Dann: Director, Thorn Baker Industrial Recruitment.
Let’s Look at Some UK Employment Headlines That May Have Affected You:
Employment Rate Is Nearly the Highest Number on Record
- The Office for National Statistics reported that the UK employment rate is 75.5%, almost the highest number on record, the unemployed remains at 4.1% - a 30 year low.
- Net annual migration of EU nationals to Britain has fallen by 75,000 in the past year, with official figures showing this as the lowest level for five years.
This has clearly affected the quality of and access to labour you have.
Average Wage Growth Has Risen at the Fastest Pace for Almost 10 Years
- The BBC reported that pay rose by 3.1% in the three months to August 2018 compared with a year ago.
- Philip Hammond (UK Chancellor) has recently announced a 4.9% increase to the statutory National Living Wage from April 2019.
This has increased your cost base and your ability to retain staff.
What challenges and opportunities will you face in the Warehousing & Logistics, Contract Packing, Manufacturing, Waste & Recycling and Print industries in 2019?
Candidate attraction and retention is likely to continue to be your greatest challenge in 2019. This doesn’t need to be a negative though and should be seen as an opportunity to develop better and more effective candidate recruitment campaign - with a greater emphasis on finding the right jobs, companies and environments for candidates.
Obviously, candidate remuneration will play a part in this, although in a recent survey almost half of the candidates questioned cited ‘job satisfaction’ as more important than pay. With offices located around the East Midlands and South Yorkshire, myself and my team would love to hear what you feel your greatest industry challenge will be in 2019, contact your local branch here.
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