"Hybrid working has overtaken salary as the main way UK firms are competing for tech talent, with 37 percent of businesses citing it as their primary strategy."
"Over three quarters, or 78 percent, of business leaders said firms offering hybrid work have a clear recruitment advantage, highlighting its importance in talent acquisition."
"Around 68 percent of business leaders said salary alone is no longer enough to keep skilled staff, indicating a shift in retention strategies."
"Among young workers, flexibility is a higher priority than pay, with 42 percent of under-30s ranking work-life balance and flexibility as the most important aspect of company culture."
Hybrid working has become the leading strategy for UK firms to attract tech talent, with 37 percent prioritizing it over salary at 35 percent. A significant 78 percent of business leaders believe hybrid work offers a recruitment advantage. The tech sector faces a skills shortage, with a decline in overseas applications. Retaining tech talent is increasingly competitive, with 68 percent of leaders stating salary alone is insufficient. Flexibility is crucial for attracting new hires, especially among younger workers who prioritize work-life balance.
Read at City AM
Unable to calculate read time
Collection
[
|
...
]