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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, economicvoic.com 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 yahoo.com 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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