UK employers start to get creative with incentives amid severe labour shortage
Workers walk outside offices at the Spinningfields Estate in Manchester, England. (Photo: Bloomberg)
LONDON: British companies are starting to pay a “five days in the office” premium to lure in staff who have retained bargaining power because workers are in such short supply, the country’s biggest recruitment agency says.
James Reed, chairman of the recruitment firm Reed, said employers are having to lift wages most in industries such as hospitality, manufacturing and healthcare where there’s less flexibility to work from home.
“Pay rates for workers who are required to attend physically the workplace five or…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
