UK exodus of talent looms

Michael Bow
Follow Michael
UK FIRMS should brace themselves for an exodus of talent next year as a revival in economic confidence increases the turnover of staff, a study warns today.

Around 765,000 more people will leave their jobs for pastures new in 2015 compared to last year, after an acceleration in employee turnover starting next year.

The research, from consultancy the Hay Group, also predicted that turnover rates over the next five years will surge from 14.6 per cent of employees to 18 per cent.