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Market insights: How to attract and retain talent.

Whilst the economic downturn will be on many employers’ minds and is bound to depress the hiring market to an extent, pressure remains to find new talent; new skill sets and new mindsets will be required.


of employers are planning to hire new permanent, temporary or contract staff in the next 6 months.


of professionals plan on looking for new roles in the first half of 2023.


of employers think they will lose staff to other organisations with higher earning potential.

There is a strong sense that the kind of talent that can contribute to progress and improvement, that can work in the new ways and in the new environment, will always be in demand - and that will not wane in 2023.

- David LeitheadChief Operating Officer, Morgan McKinley UK

This is your opportunity to Go Beyond all expectations.

How can you increase your hiring success rates?

1. Top 5 reasons professionals want to move roles.


of professionals intend to look for new jobs in the first half of 2023. Here are the main reasons for wanting to move...

  • Higher salary
  • Career development opportunities
  • Meaningful and impactful work
  • Better culture and leadership
  • More role security

2. Key benefits to offer.


According to our research, 49% of professionals have a say over the benefits they can choose. If you give your people greater flexibility around their benefits, you stand more of a chance of successfully hiring in 2023.
In terms of benefits that professionals in the UK actually desire and value, the top 5 are:

  • Pension
  • Health insurance
  • Work from home
  • Flexible working hours
  • Life insurance/assurance

3. Consider your bonus payouts.

59% of professionals are expecting to receive some form of bonus this year.

Bonuses are an effective way of making your employees feel valued and rewarded for their contributions to the company, and can greatly help with motivating the workforce. Offering bonus incentives is attractive to prospective employees and can also help firm up your retention rates.

The state of salaries in the UK...

Strong candidates have been receiving multiple offers and significant increases in compensation as an incentive to move. The sense of competitive bidding was exacerbated by the determination of the hirer being matched by the current employer not wanting to lose their employee.


of employers have had to offer higher than anticipated salaries to attract new employees.


of employers have had to increase salaries to retain existing staff in the last year.


of employers think salaries in their specific sectors will rise again in 2023.

2023 UK salary guide.

Explore salaries to find out how much you should be paying your employees or how much you could be earning this year.

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Download your salary guide for 2023.

Salary data, insights and advice to guide your talent strategies. Benchmark what you are paying your teams against the industry averages for roles in your location.

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A full range of Talent Services...

Whether you need new people to scale up your teams, or you’re looking for specific skills to help your business react fast, our full range of talent services will deliver. We Go Beyond to find you the right people.


Hire contractors or temps to strengthen your workforce. When it matters most, seize every opportunity.

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On-site, hybrid or remote, hire specialist permanent talent for your long term business success.

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During growth, periods of change or simply for the now, the right leaders help you meet commercial goals.

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RPO, MSP, Project Recruitment and more flexible outsourced solutions, saving you time and money.

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Advice for successful hiring.