Recent findings reveal a significant trend among UK workers contemplating career shifts.
- LHH’s Global Workforce of the Future Report indicates a changing employment landscape in the UK.
- A substantial number of employees feel external factors dictate their career paths.
- There is an evident desire for upskilling and leadership development among UK employees.
- Barriers remain in achieving diverse representation in executive roles.
Recent findings from LHH’s Global Workforce of the Future Report 2024 highlight a noteworthy trend in the UK workforce. Nearly half of the employees are contemplating changing careers, driven by a variety of external factors. This report provides insight into the evolving dynamics of the employment sector from the workers’ perspective.
The report indicates that over half of UK workers believe that external influences, such as company strategies and economic conditions, have a greater impact on their careers than their personal choices. Despite this, a proactive approach is observed, with 49% of employees considering career changes, although many remain uncertain about their future directions.
Employee development emerges as a critical focus, with over two-thirds of respondents advocating for organisations to prioritise the training and upskilling of existing staff over external recruitment. This sentiment underscores the importance of internal talent growth in securing organisational stability and growth.
A significant portion of the workforce expresses enthusiasm for gaining new skills, with over half feeling inspired to learn new competencies beyond their current roles. Furthermore, while many employees are eager to transition into management roles, they feel hindered by insufficient leadership development opportunities.
JC Townend, CEO of LHH, emphasised the necessity for companies to invest in employee growth and development to retain ambitious talent. He highlighted the rapid changes in job responsibilities triggered by technological and regulatory advancements, necessitating workforce re-skilling.
Leadership development is also a priority among HR leaders, with nearly 70% of organisations implementing formal executive development programs. However, challenges such as underrepresentation of women and other diverse groups in leadership roles persist, although a number of leaders feel equipped to address these issues.
The LHH report underscores the need for strategic employee development and diversity in leadership to navigate future workforce challenges.
