Almost half of UK chief executives (42%) are hoping to recruit additional staff this year, according to research from PricewaterhouseCoopers (PwC).

The research, based on interviews with around 70 chief executives of UK firms, shows that 62% had reduced headcount over the last year and  85% predict they will overhaul the way their organisations manage people through change.

The research also shows that the downturn brought some human capital failings to the surface, with employee engagement programmes presenting an opportunity for HR to prove itself to chief executives.

Michael Rendell, partner and leader, HR services, PricewaterhouseCoopers, says: “Preparing for the upturn is a clear platform of opportunity for HR and, in the near future, this will mean refocusing on managing through change and engagement programmes as talent gaps need to be closed and roles redefined.  

“Given the strong focus chief executives appear to be placing on people management strategy and processes, we expect to see significant changes to HR models over this decade.”