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Discover how high-growth companies are utilizing labor hoarding as a strategic approach to navigate economic uncertainties: https://buff.ly/3XWGdm7 @[Kurt Uhlir](urn:li:person:hZlI0XFfqg)

https://lnkd.in/gpbMevmb Comprehending the Vanishing Act of Employment Development Under Present Policies The current state of the economy seems to be eliminating job growth, which begs the question of why so many people are finding it difficult to obtain and hold onto meaningful employment. Some important factors causing this phenomenon are highlighted in a recent essay from the Heritage Foundation. The increasing weight of onerous regulations and bureaucratic red tape is one important issue. These laws, which are frequently well-meaning, can put companies and employees through needless stress and difficulties. When following rules becomes excessively difficult and time-consuming, the true advantages of working might be undermined. A workforce that believes the juice isn't worth the squeeze may result from this scenario. Furthermore, the current economic policies, which involve significant government investment and interventions, have the potential to skew the labor market's natural flow. Even though the goal of these policies is to increase employment, there is a chance that they will have unforeseen repercussions like inflation, decreased purchasing power, and imbalances in the labor market. These problems make it more difficult for companies to grow and for employees to find long-term, fulfilling jobs. We must support measures that strike a balance between the need for protection and economic freedom as we work through these issues. Simplifying rules and removing pointless red tape can contribute to a more vibrant labor market where people can find well-paying jobs that also provide both personal and professional fulfillment. The secret to stopping this disappearance act is to establish an atmosphere free from overbearing red tape, which will allow firms to expand and innovate. This strategy may result in a stronger and more resilient economy, giving job searchers plenty of options and encouraging a feeling of fulfillment in their work. Together, we can create a future in which everyone benefits equally from the squeeze. Helping companies grow and scale! #manufacturing #bluecollar #leadingwithlean #leanthinking #leanleadership

🚨 Labour's "New Deal" - A Tipping Point for UK Small Businesses? 🚨 There’s been a lot of noise trickling into the news about Labour's "New Deal," and while it hasn’t dominated headlines yet, I believe the implications are absolutely massive—and they create a real conflict within me. On one hand, the human side of me fully acknowledges the importance of closing loopholes that allow some businesses to foster hire-and-fire cultures. These practices can be incredibly destructive to the well-being of those caught in the crossfire, and reform is long overdue. On the other hand, the dramatic increase in regulatory red tape could make the UK a much less attractive place to invest. As the associated costs rise, employment and growth could take a hit, ultimately leading to fewer opportunities across the board. The scale of these changes cannot be overstated. Every single employment contract will likely need to be reviewed and potentially rewritten—a monumental task for any business, but especially challenging for small businesses. Shameless plug alert: If you’re feeling overwhelmed by these impending changes, we’re here to help. Check out our services here to see how we can support your business through this transition. - https://bit.ly/4cviwZj Let’s start a conversation—what are your thoughts on this policy shift?

"People are our greatest asset" How many companies make this statement? Or something like it. But what is the reality? What happens inside most firms? Are people truly valued or managed as a cost of doing business? Our work at The Maturity Institute finds that far too few companies manage human value and seek to realize people's potential. One consequence is the need for union representation, so it's no surprise that their power and influence are becoming more important. "There is suddenly this understanding from workers that rugged individualism is going to take us down a path of ruin, and collective action is actually how we gain our freedom." This Financial Times piece by Rana Foroohar is a fascinating read. #ESG #humancapital #totalstakeholdervalue https://lnkd.in/epNw672n

We are at a pivotal moment following the Labour Government's recent victory on July 4th, 2024. As business leaders, it's crucial to understand how the new government's policies will shape our economic landscape and influence our strategic decisions. My latest article delves into the anticipated economic policies under Keir Starmer's leadership, highlighting key changes that could affect your business, with a focus on engineering and manufacturing. ❓ How will regulatory changes and new employment laws impact your talent management strategies? ❓ What should you expect from Labour’s approach to immigration and its effects on the talent pool in engineering and manufacturing sectors? ❓ How will Labour’s plans affect your business? Stay ahead of the curve and position your business for success. Read the article to find out more and if you're an SME business deciding on next steps, get in touch to see how I can help. sharon@firstgroupsolutions.co.uk #ukmfg #recritment #ukmanufacturing #skills #smebusiness ---------------------------------------------------------------------------- I'm Sharon Seville I help small to medium manufacturing companies develop and hire the right leadership team to deliver business growth and strategic outcomes - without drama and with open, down to earth, professional clarity. Keep up to date with what I share Click on the bell icon at the top of my profile If you are struggling to find, hire, and retain future management for your 50+ employee manufacturing company, I can help. With 30 years of experience, I've supported hundreds of companies, faster than the industry average. "Not all recruiters are created equal"

Will the Economy get better? Hopefully, I am not going to jinx this, but a few reports dotting about the old LinkedIn suggest that the Manufacturing industry post-election will see growth. If the new government lives up to expectations, the interest rates come down, and inflation stays low - we could see Growth come back to the UK! That said, what does that mean to business owners, HR and hiring managers into the future of recruitment? link below is to a guide for gearing yourself up for a recruitment demand, what you need to do now, and moving forward! Link in the comments to my blog! #economy #growth #recruitment

Businesses are currently facing a lot of challenges, and a top concern is the difficulties in recruiting and retaining employees. It's anticipated these challenges will continue in 2024 and beyond unless both workers and employers adapt to the current changes in the labor market. But, there are several best practices businesses should be aware of to succeed.

Businesses are currently facing a lot of challenges, and a top concern is the difficulties in recruiting and retaining employees. It's anticipated these challenges will continue in 2024 and beyond unless both workers and employers adapt to the current changes in the labor market. But, there are several best practices businesses should be aware of to succeed.

 A must-read for finance professionals! Discover insights on UK talent trends (2023) in finance and how they shape the profession's future. The article covers: - The inflation crisis driving wage pressures - Hybrid working gaining traction in the UK - Mobility driving potential talent shortage - Addressing burnout as a top priority Myles https://lnkd.in/gQ3KcC3U

Businesses are currently facing a lot of challenges, and a top concern is the difficulties in recruiting and retaining employees. It's anticipated these challenges will continue in 2024 and beyond unless both workers and employers adapt to the current changes in the labor market. But, there are several best practices businesses should be aware of to succeed.