Recruitment freeze thaws but employers plan pay restraint
Research by the Confederation of British Industry (CBI) and recruitment consultancy Harvey Nash indicates that fewer employers are implementing a recruitment freeze as the economy improves but many are still cautious about increasing pay.
The results of the Employment Trends Survey 2009 for the third quarter show that 37% of firms are now planning to freeze recruitment, compared to 61% in the spring of 2009. Furthermore, nearly half of respondents said they believe that the UK is a less attractive place to do business than it was in 2004.
To read more on this story go to:
http://media.harveynash.com/uk/mediacentre/press_releases_group/tough_pay_restraint_ahead_but.htm
To read the full survey results go to:
http://media.harveynash.com/uk/mediacentre/Harvey%20Nash%20CBI%20Employment%20Trends%20Survey%202009.pdf
