Pensions 'not deciding factor'
Dec 23 2008
Companies may no longer need to offer attractive pension and employee benefit packages as jobseekers do not see it as a determining factor, according to one group.
Gerwyn Davies, public policy adviser from the Chartered Institute of Personnel and Development (CIPD), says as there are not currently many jobs on the market people are now focusing on the opportunities available, rather than the whole package.
The expert states pensions and other employee benefits were more of a factor for jobseekers years ago, when there was a choice of employment on the market.
Davies says that now jobs are 'few and far between' people are accepting the best opportunity and pensions are not a 'determining factor'.
According to research from the CIPD, three-quarters of firms are planning to recruit in the next three months, compared to a figure of 81 per cent in the summer.
Fewer companies are planning redundancies than last winter, the research also suggests.
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