Morson Group has recorded another record year as Group revenue jumped from£1,151.7m in 2022 to £1,332.9m in 2023, underscoring Morson’s ability to scaleits operations efficiently while maintaining high levels of service and client satisfaction. The Group also reported...
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The Morson STEM Foundation Impact Report 2024
Our purpose is to positively impact lives every day, and every member of the Morson Group is driven to fuel innovation, empower industry and enable opportunities for people. The UK's ongoing STEM skills shortage has been estimated to cost the UK economy £1.5billion...
Bright minds at Salford Racing in Silverstone Formula Student 2024 success
Students from the University of Salford's Salford Racing team celebrated an amazing achievement at the annual Formula Student event, ranking P8 in the world in the prestigious student engineering competition. Taking place each year at the home of British racing,...
For the first time since records began vacancies in the UK are outstripping the number of people seeking work.
Vacancies reached 1.3 million in February-April 2022, 499,000 more than pre-pandemic levels. Labour shortages are becoming a persistent feature of the market and the expected post-pandemic rush back into the office hasn’t happened. Competition for talent is fierce at the moment as employers face new challenges including:
- rising economic inactivity
- inflation
- candidate expectations of their employers
In this labour trends report, we look at some of the causes of this tight labour market,
discuss the impact on businesses and employees, and consider what employers can do to attract talent in this challenging climate.