• Almost half of HR professionals expect labour turnover to rise in their organisation over the coming year. Only one in eight expect it to fall.
Employers in banking and finance and transport and communications are most likely to fear higher turnover. Public-sector organisations are less fearful about staff leaving than the private sector, the survey found.
Fear of staff leaving the organisation has contributed to a fall in optimism among HR staff about their ability to cut labour costs. Two out of five said they are not very optimistic about cutting staff costs.
Just under half of HR professionals said they are finding it hard to secure enough training money, the survey also found.