HR Snapshot
Stay informed with the latest insights on labour market shifts, hiring patterns, and industry-specific analytics. Our Snapshots highlight key developments across multiple sectors, helping you navigate the evolving recruitment landscape.
Stay informed with the latest insights on labour market shifts, hiring patterns, and industry-specific analytics. Our Snapshots highlight key developments across multiple sectors, helping you navigate the evolving recruitment landscape.
The return of working from the office, is manifesting, especially in the larger companies, with a combination of carrot and stick now in effect. Refusniks who are successfully negotiating to retain their remote privileges are being told that only people based on site are likely to get bonuses and promotions, whilst others are starting to be counted in and out and disciplined if they are found to be working remotely too often.
Lloyd’s of London’s recent report highlights the most favourable underwriting conditions in over a decade, signalling a significant upturn in the insurance market. Profits have surged from £3.9bn in the first half of 2023 to £4.9bn in the same period of 2024, reflecting robust market growth. This positive trend has been mirrored in London’s job market, with insurance vacancies increasing by 6.6% this year.
The pandemic’s long-term impact on the industry is still evident, particularly in how we work. The sudden shift from structured, on-site roles to remote work has altered workplace dynamics, with traditional business principles now being challenged, especially by younger generations. This has created challenges for HR departments as businesses face resistance to returning on-site.
For the first time in over three years, this March, there were more vacancies for employee relations specialists than training/learning across the private sector in the UK. While this was just one month, the signs are that in April, it is set to repeat, at which point this could indicate corporations are shifting their priorities when it comes to their staff.