This site uses cookies; by continuing to use our site you agree to our use of cookies. More details in our privacy policy. Close


Nearly two thirds of HR professionals expect Brexit to impact their strategy 3 April 2017

With the recent triggering of Article 50, research shows almost two thirds (62%) of HR professionals expect the decision to leave the European Union (EU) to impact their HR strategy.

In a survey conducted by Secondsight, more than one third (35%) said that the UK’s EU exit will impact the profits of their business. As many as 37% have opted not to hire over the coming year, and 39% agreed that recruiting the right people into their business will now be more difficult than before the decision to leave was made.

On a more encouraging note, 95% of the HR professionals surveyed will see their budget rise in 2017, and 18% plan to introduce new benefits in the year ahead. In contrast, it is positive to see that only 5% of employers are planning to remove benefits in 2017.

The research also indicates that more than half (53%) of respondents offer a benefits package because they want to look after their employees. Forty-four per cent advised that it was to act as a recruitment tool, and 42% said it was good for their employees’ wellbeing. More than half of employers (55%) offer employees access to a wellbeing programme, cementing the fact that employee wellbeing is firmly on the agenda for employers.

Other research findings included:

• Nearly a third (29%) would like to offer financial education as a benefit in 2017.

• Nearly half (49%) of employers would like to introduce mental health first aid benefits.

• 34% of employers plan to implement some form of critical illness or medical insurance this year.

• A key challenge for the year ahead will be increased costs, as cited by 43% of survey respondents. Increased administrative burden stands at 26% and a lack of time 25%.



blog comments powered by Disqus


Are the new rates for the National Minimum Wage and National Living Wage high enough?