"Britain is increasingly becoming an "unattractive" environment for businesses seeking to hire permanent staff, according to a stark warning from recruitment giant Hays. The firm attributes this shift to mounting wage pressures and recent tax hikes, which are compelling companies to explore automation and offshoring strategies. Hays, one of Europe's largest recruitment agencies, has previously voiced concerns regarding weaknesses across the global jobs market. However, it highlighted specific challenges within the UK that are diminishing its competitiveness as a place to work."
"Tom Way, Hays' UK and Ireland chief executive, elaborated on the situation, stating: "The UK is a great place to work if you are an employee but it's becoming more unattractive to hire people permanently. Wage pressures and national insurance changes are pushing employers to explore automation and offshoring." The agency also noted a growing trend where staff no longer prioritise loyalty to their employers. The national minimum wage rose in April, boosting pay for many workers but driving up labour"
The Independent deploys journalists to cover unfolding stories across reproductive rights, climate change, and Big Tech and produces documentaries such as 'The A Word' that highlight American women fighting for reproductive rights. The outlet avoids paywalls and solicits donations to fund on-the-ground reporting, arguing quality journalism should be accessible to everyone and paid by those who can afford it. Recruitment giant Hays warns that Britain is becoming an unattractive environment for hiring permanent staff as rising wages, national insurance increases, and tax hikes push employers toward automation and offshoring. Employers also face waning employee loyalty and higher labour costs after a minimum wage rise in April.
Read at www.independent.co.uk
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