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SMEs in the UK experience significant problems in their attempts to retain staff, according to new research.
The most recent annual Recruitment, Retention and Turnover Survey by the Chartered Institute of Personnel and Developments indicated that almost 80 per cent of the 900 organisations questioned struggled to retain staff last year.
This is an increase on the previous years figure of nearly 70 per cent.
Nicola Monson, the reports author, emphasised: "Employers will continue to struggle to find suitable candidates and keep staff turnover under control if their approach to recruitment and retention fails to take account of both business and employee needs."
Some 74 per cent of the business start-up and other firms questioned suggested flexible working practices helped retain staff. However, only around 30 per cent actually had such working patterns in place.
Ms Monson suggested that "actively developing employees should not only increase the internal talent pool, in turn reducing their reliance on external candidates, but also see problems retaining staff ease due to new career opportunities".
The evidence suggests that relevant training programmes and opportunities for progression within a firm, as soon as practicable after company formation, can make employees much more likely to remain with an organisation.
The study explained that recruitment problems seemed to be mainly caused by a lack of necessary specialist skills, inadequate experience and the desire for higher levels of pay.
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