Retaining staff is as important as recruitment, CPOs told

Will Green is news editor of Supply Management
19 April 2015

Retaining procurement professionals is as important as recruiting them, an event was told.

John Glen, CIPS economist and senior lecturer in economics at Cranfield School of Management, was speaking at the launch of the CIPS/Hays Salary Guide and Procurement Insights Report 2015, which found almost a third of buyers are looking to change roles in the next 12 months.

“In your profession your labour market is incredibly tight,” said Glen.

“Having attracted the best talent you can get, you have to think about how you manage that talent.

“You have to retain the talent you have got by managing it effectively. People leave managers, they don’t leave organisations.”

The survey, of more than 3,000 professionals, also found 73 per cent of employers had “faced challenges” in finding the right staff in the previous 12 months, with a lack of sector skills and experience the most common problem encountered.

Across the public, private and charitable sectors, the skills considered most important were communication, supplier relationship management and negotiation.

According to the survey 56 per cent of organisations are planning to recruit in the next 12 months, and the position most were looking to fill (23 per cent) was that of buyer.

Geoff Sims, regional managing director for the East of England at Hays, said: “One of the underlying themes is a growing skills gap. The competition for skills is high and expected to grow.

“Candidate confidence is back and employees are looking for new roles.

“Almost a third of employees are looking to move in the next year. The clock is ticking for organisations to retain their employees.”

Sims said some sectors such as construction were seeing pay rises of 25 per cent. “My view is you will start to see that in your world,” he said.

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