Employment confidence is highest in healthcare (+36) and education (+10) and lowest in manufacturing (–27), finance and insurance (–18), and hospitality (–14)
More than half (53%) of employers responding to the autumn survey are planning to recruit in Q4 2020
30% of organisations expect to make some redundancies in the next three months
Labour supply has increased since the onset of the pandemic for low-skilled roles (up from 20 to 25 applicants), medium-skilled roles (up from 10 to 15 applicants) and high-
skilled roles (up from 7 to 10 applicants)
Pay expectations in the private sector are 0%, compared with 0.8% three months earlier.
Pay expectations are higher in both the public sector (2%) and voluntary sector (1.7%).
More than half (51%) of private sector firms expect to freeze pay over the next 12 months
Average basic pay increase expectations for the next 12 months are 1%
Net Employment Score
Confidence is returning in employment prospects with a swing of 21 points from a high of 22 in Winter 2019/20 though to Autumn 2020
Reducing headcount is still a factor for many employers (-4)
Confidence is returning to hire new staff (+3)
Majority of firms plan to hold steady and maintain staff levels (44)