🔍 Key Insights for Attracting and Retaining Talent in Today’s Job Market

(Source British Chambers of Commerce)

In today’s competitive job market, with over 880,000 vacancies and a staggering 62% of businesses facing skills shortages, attracting and retaining the right talent is tougher than ever.

🚀 BCC’s latest survey reveals key strategies to stand out:

1️⃣ Embrace Flexible Working: Options like remote work, compressed hours, and job sharing are not just perks—they’re necessities for today’s workforce. Flexibility can address issues like childcare challenges and boost morale.

2️⃣ Prioritise Health & Wellbeing: With rising employee interest in occupational health, offering robust wellbeing support can set your company apart. Yet, fewer than 40% of businesses are doing so. Time to change that.

3️⃣ Look Beyond Pay: In a tight labor market, non-pay benefits like flexible working and health support are crucial.

SMEs, in particular, need to rethink their recruitment and retention strategies to attract diverse talent and build a resilient workforce for the future.

More information 👇 

https://www.britishchambers.org.uk/news/2024/08/flexibility-and-wellbeing-how-to-stand-out-in-a-crowded-job-market/