The second half of 2023 has seen a sustained increase in counter offers, as companies compete to recruit in a tightened labour market and strive to hold on to their current talent. Job seekers entering the market are more aware of their value, and of the current shortage of talent available.

How Businesses can Reduce Barriers to Re-Entry to the Workforce for Over 50s or How to Reverse The Great Retirement

In the last 2 years, around 700,000 workers aged 50+ have left the jobs market. This is of particular significance to the FM sector as it has an aging workforce which has suffered from a loss of labour over the past 2 years due to Brexit, the pandemic, early retirement, and other factors. This means we have lost some of the expertise needed to productively bring the next generation of FM professionals into the sector. More experienced professionals are a boon to any sector as they can take on a mentoring role for young people who will do their work in the future.