Have you been wondering how employers are looking to weather the economic storm? A survey of 704 organisations, conducted during April and May, has some pointers for you. It found that a majority of employers are planning a pay freeze for their next pay review (55%), a recruitment freeze (61%) and changing their organisation of working time in order to cut costs (62%). On a more positive note, whilst the average value of a quarter of bonus schemes had been reduced, 62% of the companies surveyed still had their bonus structures in place.
"Employment trends 2009: Work patterns in the recession", published by the CBI and Harvey Nash, is available to download here.
Wednesday, 12 August 2009
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