“Despite the latest ONS Labour market data showing a continued cooling of the UK employment market overall, it is not the case across the board. Our internal data shows that July proved to be a fruitful month in terms of new vacancies in the financial services and professional services sectors.
“In addition, with inflation expected to rise, employers should ensure that they are staying competitive, with benefits that entice new joiners and continue to engage their top talent. The anticipated rise in inflation often means a rise in wage growth and could see employees start to think about competitive career opportunities.
“As critical as remuneration is, particularly in the summer months, employees should take the opportunity to have honest conversations with their employers around the benefits that matter most to them, whether it is upskilling opportunities or a mentorship programme.
“As sectors start to pick back up in terms of new vacancies, finding talent with the right skills is critical for employers. Ahead of new talent being onboarded, employers should consider the ways in which they can ensure a smooth process, presenting their talent with competitive benefits, opportunities and guidance.”
