UK businesses 'look set to retain jobs'
Published Date: 16/08/2012 12:05:25
In spite of a challenging economic climate and the tough conditions facing British businesses, a new study has revealed that the vast majority of firms are not planning on cutting back on staff in the near future.
Conducted by Right Management, the survey found that 81 per cent of respondents said there will be no redundancies at all in the next six months, indicating that businesses are confident that they can continue to operate as they are.
David Miller, managing director of Right Management UK and Ireland, said: "Companies appear to be staying resilient in the face of tough economic conditions and retaining staff, which is reassuring."
Yet given that 41 per cent revealed how they do no workforce planning or management, their business insurance policies may have to come into play in the future if they find themselves in trouble as a result of failing to plan ahead when it comes to staffing levels.
Latest NewsMore Articles
IAM chief examiner provides tips for drivers in their later years
24/05/2013: Peter Rodger has given a range of pointers for mature drivers. Read More
ABI issues advice for Spain
21/05/2013: Advice about Spanish medical treatment has been issued by the Association of British Insurers. Read More
Do you have the right business insurance?
21/05/2013: Many SMEs might not have the correct business insurance cover to expand, it seems. Read More
ABI announces flood insurance move for July
17/05/2013: Members will carry on offering this variety of personal insurance during ongoing government negotiations. Read More