• Just more than half (54 percent) of survey participants report having a formal resourcing strategy.

• Half of the organizations surveyed report the economic climate has had a negative impact on their organization’s resourcing budgets for 2011–12. This year, it is the public sector that is most severely hit, with four out of five (82 percent) reporting their resourcing budgets will be reduced (up from 59 percent last year).

• Changes in resourcing and talent practices in 2011 compared with 2010 reflect a stronger focus on costs and reductions in budgets. More organizations anticipate they will be focusing on developing talent in-house, retaining rather than recruiting talent and reducing their reliance on recruitment agencies and external consultants for resourcing and development.

• Nearly half of public sector organizations will be implementing a recruitment freeze in 2011, compared with one-fifth of organizations overall. Two-thirds (66 percent) of public sector organizations and 29 percent of private organizations will be reducing the number of new recruits they hire.

Source: CIPD