Better times ahead?

John Philpott, CIPD

West London Branch

24 January 2012

Recession and ‘recovery’

Change in private and public sector employment

Employees and self-employed

Vacancies

Redundancies

Unemployment

Average earnings growth

Economic outlook – OBR forecast

Unemployment outlook- OBR again

The looming risk

HR concerns ‘New normal’/More with

less’/culture change/

‘ Survivor’ stress/engagement challenge

Increased talent retention and recruitment pressures

Employment relations turmoil

CIPD employee engagement index

Employee engagement scores

Talent shortages data

Talent shortage caveat

Retention problem?

Labour unrest – shape of things to come?