The number of companies experiencing staff recruitment problems has almost
doubled in the past year.
The National Management Salary Survey, produced by the Chartered Management
Institute and Remuneration Economics, shows that the percentage of companies with
such difficulties has risen from 22.4 per cent in 2002 to 42.6 per cent this
Twenty-eight per cent of companies have had difficulties with employee
retention, up from 8.5 per cent in 2002.
This is the highest percentage of employers reporting recruitment and
retention problems since 1990.
Of those experiencing recruitment problems, 86 per cent put these down to
difficulties hiring managers with the right specialised skills, especially
engineers, actuaries and salespeople.
Mary Chapman, chief executive of the Chartered Management Institute said:
"The reported shortage of appropriately skilled managers and staff is
concerning, as it may affect future growth opportunities for UK organisations.
"There is an increasing need for companies to offer competitive
salaries in order to attract and maintain good staff."
The findings also show that HR managers fared well when negotiating pay
The average increase for general managers’ pay rose by 5.2 per cent in the
year to January 2003, but for HR managers this figure was 7.3 per cent.
Average total earnings of managers in this country are £41,369.