Training is key
Candidates are looking for CPD programmes from employers, and are particularly focused on soft skill development. Employers across Professional Services need to focus on specific training courses to attract talent, combat skills shortages and stay ahead of technological advancements.
Benefits and cultural values are vital
Candidates are looking beyond salary when choosing a role. Competitive benefits, meaningful work and a company with the right values and ethics is more important to a large majority of employees. It’s therefore essential for employers to assess their remuneration packages and review internal culture, to stay ahead of the competition.
Flexibility is a priority
Hybrid and remote working continue to be a key factor for candidates. People are prepared to take a role with a reduced salary for a better work life balance. Employers must continue to recognise the importance and find effective ways of working that meet business objectives, customer demand but also support agile working.
Salary is still king
With the cost of living crisis continuing to soar, employees expect their salary to increase over the next 12 months. For many, if this doesn’t happen, they will pursue alternative jobs and career opportunities. Businesses therefore need to ensure what they’re offering is in line with both market figures and candidate expectations.
Keep on top of the market
Whilst the trends noted in this report are accurate at the time of writing, and many of them will continue to be relevant in the coming months and years, the market is rapidly changing, so businesses need to keep pace. Driving innovation, evaluating hiring practices and ensuring effective retention practices are in place, is essential for business growth and people engagement.
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