Data published by the Confederation of British Industry and Harvey Nash in the Gearing up for Growth report reveals that the number of businesses operating a recruitment freeze has fallen from a peak of 61 per cent in Spring 2009 to seven per cent this autumn.
Is shows that a quarter of companies are planning targeted recruitment in areas including sales, management and technical, while a fifth intend to add staff in some parts of the business and reduce numbers elsewhere.
Over a fifth of companies are planning targeted pay rises for key staff, while 42 per cent are planning a below-inflation award for all employees, the survey also found.
According to a spokesman for the Forum of Private Business, confidence remains quite high among the UK's businesses, with companies feeling optimistic about their prospects following the recession.
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Posted by John Oak
Source: Salespeak News