Employers in the UK more optimistic about 2021 than employees
Global professional and financial services recruiter Morgan McKinley has released the 2021 iteration of its salary calculator, showing hiring managers what to pay employees and giving professionals a benchmark on what they can expect to earn. As part of the product launch, the firm surveyed 1,087 UK employees and employers about the ‘World of Work’ and found that there is a confidence to hire in 2021 from organisations, but professionals did not share the same level of optimism. Just over half (53%) of employers expect their organisation’s activity levels to increase over the next 12 months, whilst only one in four professionals believe that hiring will return to pre-COVID-19 levels in the same period. Similarly almost half of employers (49%) feel confident that they will be in a position to offer pay rises in 2021, whilst only 22% of employees are optimistic about being offered an increased salary.