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SME voucher scheme will help small firms when hiring

10 Mar 14  | Business Support |  Recruitment News

A business expert has praised an SME voucher growth scheme which is being brought in by the government. Jill Miller, research advisor at the Chartered Institute of Personnel and Development (CIPD), said the proposals, which will give small to medium-sized businesses advice and guidance on growth, will help firms at all stages of their development when it comes to hiring more staff.

The scheme was announced by prime minister David Cameron yesterday (January 27) at the Federation of Small Business's (FSB) policy conference. He said that 20,000 businesses would each be given £2,000 worth of business growth advice.

Talking about the voucher scheme, Ms Miller told "The smallest business may simply need help with how to go about hiring their first employee, while those that are growing quickly may want advice on how to make sure they have the right people with the right skills in place to support their growth, as well as ensuring their founding values and ethos are not lost as the company grows."

Mr Cameron also said that the move would give Britain the long-term security that it needs.

As well as the guidance vouchers, the prime minister also announced that there is going to be numerous red tape cuts to small firms, which he said will save businesses in the UK more than £850 million per year, according to 
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