Tags: private sector

Public Sector jobs more coveted than private sector roles

Jobseekers favour roles in the public sector by over three to one, according to research from leading UK jobs website totaljobs.com. In a survey of over 5,000 UK jobseekers, 55 per cent said they would prefer to work for a public sector organisation, compared to an equivalent role in the private sector. Only 16 per cent…

Final salary pensions shut at record rate in private sector

Final salary pensions in the private sector have closed their doors to new staff at the fastest rate on record, the National Association of Pension Funds (NAPF) said yesterday (Mon). Just 13% of final salary pensions were open to new joiners in 2012, a drop of a third from 19% in 2011, and the steepest…

Government welcomes one million boost to private sector employment

Employment Minister Mark Hoban has welcomed another fall in unemployment as figures showed private sector employment has risen by more than one million since May 2010. Figures published by the Office for National Statistics (ONS) showed the number of people in employment rose by 236,000 in the three months from May to July compared to…

Cautious approach to pay the “new normal”

The private sector jobs recovery is continuing, but firms are increasingly taking a cautious approach to pay as they look to stay competitive. That is according to a survey by the CBI and recruitment specialists Harvey Nash. The Spring CBI/Harvey Nash Employment Trends Survey covered 319 companies, employing around two million people in the UK.…

Less than half saving into a pension

The National Association of Pension Funds (NAPF) commented on official figures published today (Friday) showing that the number of employees saving into a workplace pension has fallen to a record low of 48%. This is the first time the proportion has fallen below 50% since the Office of National Statistics research started in 1997, when…

Employers signal positive shift in pay prospects for 2012, but uncertainty still prevails

The last quarter has seen pay intentions reach their highest level since spring 2009, according to newly released data from survey of more than 1,000 employers, commissioned by the Chartered Institute of Personnel and Development (CIPD). The survey asked employers if they planned to increase, freeze or decrease pay in the 12 months to December…

Rise in private sector redundancy intentions contributes to worst employment prospects since the recession

The first quarter of 2012 will be the most difficult quarter for the jobs market since the recession, as the number of private sector firms surveyed planning to make redundancies increases. This is the main finding of the latest Chartered Institute of Personnel and Development (CIPD) quarterly Labour Market Outlook survey of more than 1,000…

Employees remain proud to work in the private sector, despite rising levels of stress

Stress may be on the rise, but private sector employees are still happy and proud to work in the commercial sector according to new research among employers and staff. The Hays Career Outlook Survey, undertaken in Nov/Dec 2011, shows that over half (57%) say they would actively seek a role in the private sector if…

Public sector workers consider sacrificing their pension for a career in the private sector

Disillusioned public sector workers appear to have hit a new morale low as we go into 2012, with more than half (52%) of job seekers saying they would be prepared to sacrifice their pension for a career in the private sector. The preliminary findings of the Hays Career Outlook Survey (undertaken in Nov/Dec 2011) show…