Brexit | Organisations' hiring plans for 2019 hold up despite Brexit unpredictability

New research from Morgan McKinley’s 2019 Salary Guide for the UK found that despite overarching Brexit concerns, employer hiring plans remain strong.

The study, conducted by the recruitment consultancy firm, uncovered a relatively moderate drive in the level of hiring in the UK across certain sectors including Accounting and Finance, Compliance, Financial Services Operations, Legal, Strategy Projects and Change and Tax last year.

And the driving force behind the level of UK hires is the recruitment process. It seems that the majority of interviewing processes carried out were swift and succinct as employers recognised that long-winded applicant processed would likely turn candidates off and send them packing towards competitors. These factors alone will have contributed to stabilised hiring plans for the foreseeable future despite growing Brexit-related uncertainties dampening the employment market.

Looking for more

Brexit | HR experts' tips on becoming Brexit-ready

Cost-cutting exercises were also evident within organisations as they continued offshore functions to cheaper locations, while other businesses have taken steps to move contractors to permanent locations to better their organisations ahead of Brexit.