The economic circumstances faced by the coalition Government are challenging, with rising unemployment, weak growth and a record gap between pay and inflation. This is according to the latest overview of UK economic prospects for employment practitioners and pay setters from XpertHR salary surveys.
There is no doubt that the new Government has inherited a very challenging set of international economic circumstances. There is also no doubt that its actions on the economy will be closely observed and fiercely judged right from the off. When it comes to the economy, the stakes are therefore extremely high for the new Government.
Personnel Today reports that public sector "HR has a huge challenge on its hands to ease the blow dealt to public sector employment as the new coalition government moves to make an extra £6.2bn worth of cuts by next April."
Decisions taken by HR professionals and reward practitioners will play a key role in the path taken by the UK economy as it tentatively emerges from recession.
Personnel Today reports that public sector "HR has a huge challenge on its hands to ease the blow dealt to public sector employment as the new coalition government moves to make an extra £6.2bn worth of cuts by next April."
Decisions taken by HR professionals and reward practitioners will play a key role in the path taken by the UK economy as it tentatively emerges from recession.
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