In a recent UK survey the CIPD (Chartered Instutute of Personnel & Development) confirmed that 86% of companies are concerned about their ability to meet their organisations recruitment needs.What makes even more interesting reading is that over 80% of companies feel that staff retention is a growing concern and needs to be addressed.
So there we have it, the business world still hasn't found the magic formula to attract talent, and when theyve found it they dont know how to keep it!

There's more!

75% of business are appointing people who have the ability to grow into a role, but they don't have all the skills that are required. Astonishingly 43% are redefining the job to meet the skills in the available candidate market... haven't they heard of using headhunters!

The employee still has control of the wheel but should not feel smug! Part of the reason is that the employer is even more fussy about who they make an offer to and its not all about paying high salaries to attract. Candidates need to be at the top of their game because the employer is using new tactics to check skilss, references and achievements. They are concerned that 22% of new hires leave in the first 6 months and 31% by the end of 23 months.

All I can say is that the empoyment market is more sophisticated and I can see that both sides can benefit from utilising the services of professional advisors to minimise risk. Afterall the cost to a company to replace each employee is substantial, let alone the impact a non hire may have on a company's performance and revenue stream.

Happy hunting!

CNA Executive Careers Network