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Iain Duncan Smith - Look to "Unemployed young Britons" when recruiting
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Posted in Employers on Jul 05, 2011 by Richard Hayden
Work and Pensions Secretary Iain Duncan Smith appealed to UK employers on Friday to look to “unemployed young Britons” rather than relying on foreign nationals when recruiting their workforce.
What affect will this have on British businesses and most importantly the bottom line?
With high unemployment rates across the UK and further redundancies in the public sector UK employers find themselves facing a difficult dilemma when it comes to recruiting.
Many UK employers who could recruit Britain’s youth are struggling with the financial fall out of the recession. A recent survey conducted by the federation of Small Businesses found that 37% of respondents felt that a lack of certainty over contracts and insufficient work were preventing them from hiring new employees.
Other factors attributing to this included; the state of the economy (33%), cash flow (31%) and access to finance as well as the cost of credit (16%). Furthermore businesses who require skilled workers from outside the EU face the introduction of a cap on migrant workers.
With the odds stacking up against them how can UK employers grow their business without compromising the bottom line?
The proposed National Insurance Holiday for employers hiring “unemployed young Britons” (details to be confirmed)
Apprenticeships (Government funding / subsidising is available in most instances)
Mentoring (utilise your existing staff skills to train new employees)
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What affect will this have on British businesses and most importantly the bottom line?
With high unemployment rates across the UK and further redundancies in the public sector UK employers find themselves facing a difficult dilemma when it comes to recruiting.
Many UK employers who could recruit Britain’s youth are struggling with the financial fall out of the recession. A recent survey conducted by the federation of Small Businesses found that 37% of respondents felt that a lack of certainty over contracts and insufficient work were preventing them from hiring new employees.
Other factors attributing to this included; the state of the economy (33%), cash flow (31%) and access to finance as well as the cost of credit (16%). Furthermore businesses who require skilled workers from outside the EU face the introduction of a cap on migrant workers.
With the odds stacking up against them how can UK employers grow their business without compromising the bottom line?
The proposed National Insurance Holiday for employers hiring “unemployed young Britons” (details to be confirmed)
Apprenticeships (Government funding / subsidising is available in most instances)
Mentoring (utilise your existing staff skills to train new employees)
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