New Acas research shows a third of employers report they are likely to make staff redundancies over the next year, with larger companies more likely to make redundancies.
While redundancy rates have fallen in recent months, the number of vacancies also appears to be falling. The most recent data from the Office of National Statistics (ONS) shows that in April job vacancies fell for the 10th time in a row and the number of people looking for work has risen.
The 10 May Recruitment & Employment
Confederation Report on Jobs also emphasises the uncertainty that employers are feeling albania phone number library right now. It shows vacancies rising, but slowly, and permanent staff appointments contracted at the fastest pace in over 2 years. Meanwhile, figures from the Insolvency Service show a sharp rise in the number of firms going bankrupt in March 2023.
Uncertain times make for difficult decisions. 2022 to 2023 saw an sell like magic with new ai tools increase of calls to Acas about redundancy. Behind each of those calls is someone struggling in the worst of times, be it an employer seeking to manage unmanageable running costs or an employee facing redundancy.
Since joining Acas
I’ve been struck by my helpline colleagues’ confidence when it alb directory feels like there are no good answers for employers or employees to find a way forward.
The last 3 years have been hugely challenging for many businesses who have had to navigate covid-19 (coronavirus), working from home, inflation, supply chain delays and challenges around exports. Acas helpline advisers are reporting a steady increase in callers who are exhibiting extreme stress and anxiety (estimated to be around half of all callers), but help those callers navigate a path with more clarity and certainty.Faced with making difficult decisions in a fragile economic environment, it can feel as if there are no good answers. Help is out there. Accessing Acas support and advice can be invaluable.