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CMI: Inflexibility could cost UK businesses

CMI: Inflexibility could cost UK businessesThe Chartered Management Institute (CMI) has stated that inflexibility among Britain's companies could lead to them missing out on maximising the potential of both their current and potential future employees.

A survey published yesterday (July 7th) by the Recruitment and Employment Federation and KPMG revealed that both permanent and temporary job placements in the City of London and around the country increased throughout June.

Availability among staff and average salaries also went up throughout the duration of the month in a sign that Britain's jobs market is continuing its recovery following the effects of the global economic downturn.

However, according to Mike Petrook, a spokesperson for the CMI, employers are running the risk of losing out on "reams of top talent" unless they are willing to bend their company policies at the right times.

He added that "flexibility is key" in the post-recession period, while also stating that companies should now focus on the quantity and quality of their employees' contribution rather than working hours.

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