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SMEs to continue hiring throughout festive season

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Small and medium-sized enterprises are reporting strong hiring intentions to the end of the year, according to research released by Manpower.The report reveals that medium sized employers are the most likely to hire in the run-up to Christmas with a balance of +15% intending to increase their headcount. It also shows that +10% of small and +11% of large-sized businesses intend to increase their staff numbers before seeing in the New Year.

Although giving the least positive hiring outlook of +7%, employers in micro-sized businesses report a high level of hiring stability with +82% intending to make no change to their current staffing levels. These latest business figures are reported in Manpower’s Employment Outlook Survey of 2,140 businesses covering employer hiring intentions to the end of December 2005.

Mark Cahill, MD of Manpower commented:

"It’s encouraging to see SMEs continuing to report positive hiring activity through the Christmas period. Our survey shows that hiring amongst SMEs is robust: the job market is still healthy enough that employees are happy to move around and employers are willing to replace them. As ever, good candidates are in demand and employers need to regularly review their recruitment and retention policies."

Stephen Alambritis, head of Parliamentary Affairs at the Federation of Small Businesses added: "It’s satisfying to see proof of the job creation potential of SMEs, especially at this crucial time in the commercial calendar. SMEs currently account for 56% of the private sector workforce and it’s obvious from these findings that those in the jobs market should continue to look to this sector as a strong option for successful employment."

Posted November 25, 2005
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