Despite increases in the labour market, the competition for talent is even greater

The 2010 Resourcing and Talent Planning survey (formally the Recruitment, Retention and Turnover survey) carried out by the CIPD contains valuable information on current and emerging trends in people resourcing practice. This annual benchmarking survey is based on 480 respondent organisations from the UK and relates to the period of 1 January to 31 December 2009.

The year was a challenging one for many as the UK experienced its worse recession since the 1930s.

Despite the recession having a negative impact on resourcing budgets, the top objective amongst respondents at 79% remains attracting and recruiting key staff. This has risen from last year when the figure was 76%. Other resourcing priorities include enabling the achievement of the organisation's strategic plan (59%) and meeting the future skills requirements of the organisation (47%).

However, a key finding is that three quarters have noticed an increase in the number of unsuitable applicants and many report that competition for talent is greater as the pool of available talent to hire has fallen sharply.

The findings from this survey concludes that organisations will need to adopt innovative strategies and approaches to resourcing to meet the current challenges facing them.

Posted: 07/07/2010 12:06 PM

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