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Monthly Archives: June 2008

New survey finds war for talent surviving the credit crunch

A new survey of over 900 employees and nearly 300 employers has found that businesses across the UK are still finding it difficult to recruit and retain staff, despite the economic downturn. The survey, part of an annual programme carried out by recruitment specialist, Ochre House, found that less than 60% of respondents had been in their job less than two years and as many as 68% planned to change employer within the next six months. The most common reason cited for a move was pay (39%), followed by their employer's culture and ethics (28%). 26% were considering leaving their job because of a lack of training. These figures from individuals tie in closely with the results from employers. Whilst staff turnover rates were running around 30% per annum in the 2007 poll, organisations now reported that they had jumped to as much as 42%. "Our surveys over the past five years have shown that career cycles among younger workers, the ‘Generation Y' aged between…

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