Almost half (43 per cent) of the businesses surveyed in the CIPD’s Labour Market Outlook Spring 2015 update say they plan to increase their workforce.
However large businesses no longer have their pick of talent. In a competitive recruitment marketplace everybody always wants the same leading 10 per cent, the extremely high potential and talented individuals.
SMEs find they can often tailor their offering a bit more. They’re more likely to be able to do one-to-one negotiations. At a large organisation, such negotiations could potentially affect a huge number of staff by creating precedents and so on. SMEs can be more agile.
To read more about the CIPD’s Labour Market Outlook visit the CIPD website.