Hays, the leading recruiting expert, responds to the CIPD’s call for Government to temporarily halt public sector job cuts. According to Hays, the UK runs the risk of exacerbating problems if it does encounter a double-dip recession unless support is offered to public sector workers.
Andy Robling, Director at Hays, says, “The public sector is being transformed at a time when it needs to deliver more services with less resources, but there is no escaping that cutbacks are necessary to reduce the deficit. The Government must act now to ensure public sector workers are prepared for these cuts, making sure those who are being made redundant are in the best position to find new jobs. Failing to do this will not only leave public sector workers disadvantaged because they can’t easily move sectors but could exacerbate problems if we experience a double-dip recession.
“Our research highlights the major challenges public sector workers are going to face when looking for a job in the private sector and more needs to be done to support workers through this transition. Failing to provide this support could limit the ability of ex-public sector employees to return to the labour market thereby risking an even greater increase in long term joblessness and blocking the private sector from the skilled workers it needs to stimulate growth.”
Hays plc (the "Group") is a leading global professional recruiting group. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments.
As at 30 June 2011, the Group employed 7,620 staff operating from 255 offices in 31 countries across 20 specialisms. For the year ended 30 June 2011:
- the Group reported net fees of £672 million and operating profit** of £114 million;
- the Group placed around 60,000 candidates into permanent jobs and around 190,000 people into temporary assignments;
- 31% of Group net fees were generated in Asia Pacific, 33% in Continental Europe & RoW (CERoW) and 36% in the United Kingdom & Ireland;
- the temporary placement business represented 54% of net fees and the permanent placement business represented 46% of net fees;
- Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the United Kingdom and the USA.
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