13 April 2005

STRONG HIRING CONFIDENCE AMONG SMEs

Manpower Employment Outlook Survey Q2 2005


Small to medium-sized enterprises (SMEs) are more optimistic in their recruitment intentions than larger rivals, but could be facing a skills shortage in the coming months – according to Manpower, the UK’s leading workforce management company.

Manpower’s Employment Outlook Survey found that a balance of +21 per cent of small companies and +20 per cent of medium-sized companies intend to increase their staffing levels during the months April to June 2005. This compares to a figure of just +9 per cent of large businesses.

Comments Mark Cahill, Managing Director of Manpower: “SMEs make up 99 per cent of British business, so it’s great news for the UK economy that hiring intentions are positive and SMEs are looking to expand their workforce.

“The challenge all businesses face currently is the lack of skills and experience required for some vacancies. This skills shortage tends to affect smaller businesses more than larger: SMEs are less likely to have internal training schemes, and are even more reliant on recruiting people with the right skills. The focus for SMEs is therefore on their recruitment and retention strategies – finding ways to attract the best talent in a tight labour market, and keeping them in their business.”

Stephen Alambritis, Head of Parliamentary Affairs at the Federation of Small Businesses, welcomed the results. He said: “The MEOS findings are further evidence that the very smallest firms create the most jobs. It is our belief that given their innovative and flexible approach, and a pool of suitably skilled staff, they will continue to be the UK’s job creating champions.”

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About the Manpower Employment Outlook Survey

Manpower is a leading recruiter of permanent, temporary and contract workforces, employing around 100,000 people in the UK each year. The Manpower Employment Outlook Survey, [formerly Manpower’s Quarterly Survey of Employment Prospects] is conducted quarterly to measure employers’ hiring intentions for the forthcoming quarter. Unique in its predictive nature, the Survey is widely used in Government and industry, including The Bank of England’s Monetary Policy Committee as evidence of labour market activity. The Survey has been running for more than 40 years and is based on 2,500 interviews with public and private employers in the UK and 35,000 interviews collectively across 18 countries worldwide. See www.manpower.com for global reports.


About Manpower

Manpower is the UK’s leading workforce management company, specialising in permanent and temporary recruitment, HR services, managed services, outsourcing and HR consultancy.

Manpower has been established in the UK since 1956 and today works with organisations in both the public and private sector. Manpower’s UK-wide network of 300 offices allows the company to meet the needs of local and national customers. This includes numerous small and medium sized enterprises, as well as larger organisations such as BMW, BT, Heinz, Hertfordshire County Council, IBM, National Health Service, New Deal South Wales, Royal Mail and Xerox.

The focus of Manpower’s work is on raising productivity through improved quality, efficiency and cost-reduction, enabling customers to concentrate on their core business.

Manpower has a highly skilled workforce of 100,000 temporary employees who stay loyal to the company (and its customers) thanks to best in class employment benefits. These include a contract of employment and a free e-learning tool offering staff over 1,000 courses in a diverse range of subjects, keeping Manpower’s workforce up to date with today’s ever-changing working environment.


See www.manpower.co.uk