Julius Probst is the European labour economist at Totaljobs. He did his M.Sc. in Economics with a specialisation in macroeconomics and his PhD in Economic History at Lund University in Sweden. During his PhD, he also worked as a researcher for the European Central Bank.
The UK economy is doing better than forecasters expected at the end of last year. The biggest short-term risks are sticky inflation and higher rates, which could negatively impact the housing market. However, consumer confidence and the business outlook have improved recently, even as recruitment challenges in the form of skills shortages remain.
While the UK’s economic performance has been lacklustre since 2020, the labour market has been quite tight. The pandemic and Brexit have led to a drop in the UK’s workforce, which is affecting all sectors of the economy. The Bank of England recently revised their long-run growth rate forecast down, citing the decline in the labour force as the main reason. The service sector is missing some 350,000 workers due to Brexit and economic inactivity has increased because of long-term health issues, early retirement, and a broken housing market.
Employee benefits have become increasingly important for organisations looking to attract and retain talent. Discover how to create a benefits package that stands out in a competitive landscape.
Regular salary reviews are vital for employers looking to retain high-performing employees. Learn how to conduct this process fairly and objectively.
Totaljobs’ Hiring Trends Index informs recruiters about the latest trends in the UK job market based on insights from 1,000 HR leaders. This edition looks at the first quarter of 2024 with a focus on how businesses are impacted by skills shortages and the measures they are taking to tackle them.
New research from Totaljobs ranked quality of life factors for 15 major UK cities, spotlighting the greatest each area has to offer people looking for the best work-life balance in 2023.
Explore our insights to see which cities come out on top as UK workers look to stretch their pay. Discover how your city compares and get tips for attracting a new talent pool open to relocation.
Benchmarking salaries is vital for organisations to remain competitive in the hiring landscape. Learn how to ensure your pay keeps pace with the market.
2 in 5 HR leaders in the UK say that they often lose candidates because salary wasn’t discussed soon enough in the hiring process. With the majority (70%) of workers knowing how much they should be paid for a job, discover how salary transparency can improve hiring and retention.
Totaljobs’ Hiring Trends Index provides a quarterly view of the UK job market and the recruitment trends shaping it. This edition looks at the final quarter of 2023 and draws on insights from HR decision-makers to understand the key challenges businesses are facing and their priorities in 2024.
Breaking bad news to candidates is a natural part of hiring. Providing comprehensive feedback to those who have been unsuccessful can set employers apart.
Gardening Leave can seem like a win-win situation. For employers, it’s a way of protecting the business when an employee hands in their notice. And for employees, it means they are paid without having to work. But it’s not without its complications, from costs to potential claims. So, here’s our guide on how to handle Gardening Leave without any thorny (legal) issues.
Once you’ve interviewed the first round of candidates in the early stages of a recruitment process, the second round requires a very different approach. The aim of a second interview is to assess the candidate in more detail, get to know them a bit better, and can help recruiters confirm if the candidate is the right one for the role.
Based on 23 million job ads across 30 industries, new Totaljobs research reveals the latest salary and benefit trends shaping recruitment in 2024. Download our Salary and Benefit guides to find out what candidates are looking for and how your compensation compares.
Below is your step-by-step guide to using the Totaljobs CV Database, a tool which lets you take control of your hiring by easily searching for candidates.
Filter searches by skillset and location, see candidates’ application history, contact the best suited, and set up alerts to find others who fit the brief.
Join one of our free product webinars for insider tips, tricks and handy tidbits on how to use the full suite of Totaljobs products, and level up your search for candidates.
Discover key exit interview questions that can uncover valuable insights into the employee experience and aid future talent retention.
You’ve written a job advert and drawn up a shortlist of candidates, but before you can go ahead with a job offer, you need to go through the interview process. We’re here to help by looking at interview questions to ask candidates for more efficient hiring.
With 37% of HR leaders navigating challenging skill shortages, there’s never been a better time to learn how to conduct competency-based interviews. This structured interview style assesses the skills and abilities a candidate can bring to the table, helping you to access a wider pool of talent, hire more objectively, and ultimately find the best person for the job. Here’s what you need to know to get started.
The most recent ONS estimates of labour market data (13th June 2023) show that wage growth picked up in April 2023. This is set to make the Bank of England’s plans to halve inflation more difficult, making another raise in interest rates likely. The market is still tight; therefore, redundancies and unemployment in the UK remain low. Meanwhile, long-term sickness is at an all-time high.
With 65% of UK workers open to relocating, employers can expand their talent pool by providing support with relocation costs. In this article, we delve into the concept of relocation packages, the benefits they provide, and how you can create an offering that attracts the candidates you need for long-term success.
Workers from the UK, US and Germany think humans should make the final decision to hire, but still share the excitement about AI’s potential at work and in the recruitment process.
With 27% of businesses saying they expect filling vacancies to be a key challenge this year, creating effective job adverts has never been more important. In this guide, we examine how you can write job ads that stand out in a competitive market, highlight what your business has to offer and attract great candidates.
Stress at work is sometimes unavoidable, and results in UK companies losing millions of working days each year. This article will look at 5 ways employers can effectively manage stress in their workplace and enhance workforce wellbeing.
AI is rapidly going mainstream, and people are as excited as they are sceptical about its implications in the world of work and beyond. So, who is winning jobseekers’ hearts when it comes to hiring?
Implementing an effective employee reward strategy is a tried and tested method of increasing motivation and engagement among your workforce. Learn more about the core elements of a reward strategy and how to implement one in your organisation.
Regular salary reviews are vital for employers looking to retain high-performing employees. Learn how to conduct this process fairly and objectively.
New research from Totaljobs ranked quality of life factors for 15 major UK cities, spotlighting the greatest each area has to offer people looking for the best work-life balance in 2023.
Explore our insights to see which cities come out on top as UK workers look to stretch their pay. Discover how your city compares and get tips for attracting a new talent pool open to relocation.
Follow our step by step guide on how to avoid bias in an interview and ensure your organisation can secure the talent you need to drive long term success.
The cost of living is hampering young people’s career prospects and looks set to deepen long-standing challenges employers have in reaching and attracting entry level talent.
The latest report from Totaljobs, in partnership with Career Ready, shows that due to the rising cost of living, school leavers are confronted with growing concerns around money which threatens their career aspirations. This is having a negative impact on social mobility, with financial factors disproportionately affecting those from lower socio-economic backgrounds. The report offers insight into young people’s limitations and employers’ expectations.
According to our research, over half (54%) of HR leaders say it has become more difficult to hire for entry level roles in the last two years. Meanwhile, youth unemployment is on the rise, young people report lacking adequate career advice and face limited opportunities trying to enter the workforce. So, how can employers bring their entry level opportunities to more young people?
With a third of workers looking for a fresh start this year, successfully managing notice periods is crucial. In this guide we’ll examine what employers need to know about the different types of notice periods, their legal obligations and fixed term contracts.
The ONS released its latest estimates of labour market data (16th May 2023), showing a continuing increase in labour participation. This increase is largely driven by students – who are working part-time or looking for part-time employment – as well as self-employed workers. Meanwhile, the number of unemployed for over 12 months has been increasing.
Whether you’ve just started hiring people or you’re a recruiting pro; our free tips, advice and insight will help you adopt best practices and find the best people for the job.
What is employer branding? Your employer brand strategy is vitally important to make sure you can recruit the best people for your business.
Read the latest employment figures, with an in-depth focus on the UK skills shortage and how government legislation and employment law could affect your recruitment.
Your staff retention strategy is fundamental to making sure you keep hold of the best people in your business. Find out what motivates people at work, how you can boost employee engagement, and use training, learning and development to upskill members of staff.
From salary reviews and pay rises, to performance related bonuses, our tips help you offer company bonus schemes, competitive salaries and benefits to ensure employee engagement and keep hold of the best people in your business.
What is company culture? From internal communications to work socials – your company culture makes your workplace unique, and is vital to keeping staff motivated, happy and engaged. Use our advice to find out how you can create and harness your company culture.
Find out how to advertise a job vacancy, with free examples and tips to help you get the best response from your job advert.
What is employee engagement? Find out everything you need to know to develop company culture and successfully manage people at work. From staff retention tips to how human resources can improve productivity, support employee wellbeing, and embed diversity and inclusion in the workplace.
Whether it’s insight and advice from an in-depth report, or a step-by-step Totaljobs user guide, here you can find the resources you need to make recruitment easier.
Improve your interviewing skills by learning the top questions to ask candidates, how to prepare for and conduct a great interview and how best to give interview feedback.
