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Take part in the latest Thames Valley Business Barometer


Businesses in the region are being encouraged to take part in the latest Thames Valley Business Barometer survey which launched on March 23 for six weeks. The biannual survey provides a snapshot of economic confidence and business performance in the Thames Valley today and provides an overview of challenges and trends over recent years


The Barometer is carried out by accountants and business advisers BDO LLP and Reading- based PR and marketing agency, C8 Consulting. As well as focusing on economic confidence, growth and employment intentions, the Barometer will also look at the key challenges that businesses currently face around recruitment and retention.


Survey results will be published and circulated in June.


Simon Brooker, partner and head of BDO in the Thames Valley, commented: “The outlook across the UK is one


of growing positivity from employers and employees alike. However statistics from the Hays UK Salary and Recruiting Trends 2015 survey show that 61% of those questioned anticipate moving jobs in the next 12 months and that 80% of employers expect to find a shortage of suitable candidates. So while recruitment is on the agenda, so is retention and the shortage of skilled staff to fill available roles.


"The Barometer has been tracking businesses across the Thames Valley since 2012 and we are seeing some


fascinating trends starting to emerge. The focus on recruitment and retention should make for compelling reading and highlight some of the challenges that businesses in the region face in building a competitive workforce as the demand for skilled people increases. I would like to encourage as many businesses as possible to take part in the survey.”


Paula Elliott, managing director, C8 Consulting commented: “Today, there are serious concerns over the skills shortages, which remain acute in key sectors,


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www.businessmag.co.uk THE BUSINESS MAGAZINE – THAMES VALLEY – APRIL 2015 measuring results business barometer


such as civil engineering and IT and could be a major inhibitor to growth. We therefore need to better understand the pressures that businesses face, especially here in the Thames Valley in order to ensure that the right skills are recruited and importantly retained in order for companies to continue to grow.”


Companies interested in participating in the Barometer can access the survey on the BDO or the C8 websites from March 23 onwards.


Details: Paula Elliott paula@c8consulting.co.uk


www.c8consulting.co.uk www.bdo.co.uk


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