Recruitment Funding Shortages in the UK
According to data released by Totaljobs, 56% of UK recruiters struggle to secure sufficient recruitment funding.
The average time to hire has increased to eight weeks, up from 4.8 weeks last year. Despite this, 58% of employers remain confident in securing the talent they need.
- 30% of large firms plan to boost hiring next year.
- 25% of SMEs plan to increase hiring next year.
- 25% of businesses have increased their hiring of temporary workers and freelancers over the past six months.
“During financial uncertainty, the biggest risk isn't the recruitment cost, it's the massive, hidden cost of a bad hire.” - Olive Turin, head of people and culture at TestGorilla
Author's summary: Recruiters face funding shortages amidst rising hiring times.
More News
- AFI FEST 2025 presented by Canva Wraps Five Days Celebrating Global Cinema - LAmag
- Heat's 'uneven' play vs. Victor Wembanyama, Spurs leads to honest Erik Spoelstra admission
- Friday Dance Music Guide: The Week’s Best New Tracks From Sub Focus & Grimes, Eli Brown & More
- Amazon’s newest streaming stick is missing a Spotify app.
- Brendan Keaney on the dance sector's future strategy
- Maria Becerra’s Sultry ‘JOJO’ & More Best New Music Latin
- Bose headphones and earbuds return to all-time lows for Black Friday
- Why Ryan Rollins loved Draymond Green coming for him after Stephen Curry incident
- Newest Ted's Fish Fry coming to Ballston Spa
- JD Vance pushes back on comments about his interfaith marriage with wife