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Skills shortages and limited hiring budgets are top recruitment challenges for UK companies

Majority of British workers are unhappy with benefits packages.A new survey revealed that 86% of organisations in the UK have found hiring ‘quite’ or ‘very’ competitive in 2023. 46% have lost out on hiring new talent in the last six months as they ‘can’t compete on salary and benefits’, and 40% expect ‘lack of skilled candidates available’ to be their greatest 2024 recruitment challenge.

London's Financial Services Job Market: Decline Amidst Summer Slowdown and End of Post-Pandemic Resilience

Key stats from Morgan McKinley’s 2023 London Employment Monitor:

London Employment Monitor: Average salary in London's Financial Services sector drops after bumper recruitment spree

Key stats from Morgan McKinley’s 2023 London Employment Monitor:

London Employment Monitor: Surge in job seekers for London’s financial service jobs

Key stats from Morgan McKinley’s 2023 London Employment Monitor:

London Employment Monitor: London’s Financial Service Jobs Hit Five Year High

Key stats from Morgan McKinley’s 2022 London Employment Monitor:

London Employment Monitor: Unprecedented Events Cause Slowdown in City Hiring

Key stats from Morgan McKinley’s Autumn London Employment Monitor:

London Employment Monitor: City Job Seekers optimistic as Salaries Rise

The latest employment figures from Morgan McKinley suggest a trio of positive news for workers from the City’s Financial Services sector.

London Employment Monitor: City Recruitment Continues To Grow, Unphased By Escalating Global Concerns

The latest employment figures from Morgan McKinley suggest that City recruitment has continued its tenacious rebound from the COVID-19 lows, and passed into a period of significant hiring growth.

London Employment Monitor: City Recruitment Racing Past Pre-Pandemic Levels

The latest employment figures from Morgan McKinley suggest that City recruitment is recovering well from the Covid crisis and is on target to experience real growth in 2022.

London Employment Monitor: London’s Financial Services Sector Bucks the UK’s Labour Shortage Trend

Morgan McKinley’s Q3 London Employment Monitor reveals two applicants for every job available.