External Forces and Trends

Briefing Notes: Labour Shortages

  • February 24, 2022

PARC’s first online peer exchange of 2022 focused on labour shortages. With reports from various countries of a ‘Great Resignation’, we wanted to share experiences and to understand how this was playing out in our member companies. The underlying statistics certainly suggest that something is going on. The numbers of vacancies and job moves have reached record levels in the UK, US and several other countries. In the last quarter of 2021, there were reports of staff shortages across multiple countries and sectors. In the UK, pay awards are higher than they have been for many years, although inflation levels are reducing the benefit that employees are likely to see.

This session included inputs from: Grant Thornton, Linklaters, Mercer, Premier Inn & Restaurants, Strategic Dimensions, Vodafone and Whitbread.

View the Briefing Notes here.

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