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One third of UK SME's looking to recruit in 2014

10 Mar 14  | Recruitment News

Around 30% of the UK's small and medium-sized enterprises (SMEs) will look to continue with their 2013 recruitment drives by hiring more staff this year, reports. Western Union Business Solutions questioned 650 companies and found that 77% felt optimistic about the economy in 2014, with many seeing the positive effects of taking on more employees towards the end of last year.

What's more, only 5% of the questionnaire's respondents said they'd be looking to bring employee numbers down in the next 12 months, with 59% expecting to keep things as they are.

Western Business Solutions' managing director, Kerry Agiasotis, was quoted by as saying: "SME confidence in the UK recovery remains on track. 2013 ended with a string of positive economic data; what we are seeing now is faith in the strength of the British economy translating into action as more small and medium-sized businesses look to increase investment in their companies."    

Researchers also found that 90% of the firms which said they had seen increases in business over the final quarter of 2013 thought the success levels would be sustainable.

With 60% of respondents citing customer loss as their biggest concern moving forward, many firms are expected to focus on maintaining strong workforces throughout the year to keep satisfaction levels high.
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