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SMEs 'not expected to make job cuts'

SMEs 'not expected to make job cuts'

Small and medium-sized enterprises (SMEs) are not considering a reduction in the size of their workforce, but neither are they thinking about increasing staff numbers, one industry figure has claimed.

Steve Huxham, chairman of the Recruitment Society, said he was surprised by the Federation of Small Businesses' claim that one-in-ten small firms expect to have to make cuts to their workforce over the coming months.

"The biggest threat to the employment market at the moment is a jobless recovery," he stated, adding: "We have to work harder [in the UK] to make sure that is not the case."

Mr Huxham noted SMEs need to be encouraged to create more roles in their companies.

This could happen in a number of different ways, such as a reform of existing employment legislation to consider whether businesses with a certain amount of employees should be exempt from some aspects of the law, he observed.


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