More than half of British business have said they intend to create new jobs within the next 12 months, according to a recent survey carried out by the Confederation of British Industry (CBI) and Accenture.
It shows 51% of companies expect their workforce to be larger in 12 months time. This is the first time that more companies expect to create jobs than do not expect to since the start of recession in 2008. The East Midlands and Yorkshire & Humberside regions are the two tipped for top jobs growth.
Katja Hall, CBI chief policy directors, commented, “We’re starting to see the recovery have an impact on business plans to hire, with more than half of firms boosting staff numbers next year and more opportunities for young people”.
The report shows that 97% of the 325 companies surveyed view flexible working – including agency workers and zero-hour contracts – as either ‘vital’ or ‘important’ to the UK economy. Business leaders say coping with fluctuation in demand is the top reason to use flexible work, according to 87% of respondents. As flexible working contracts increase office design will need to change to cope with staff working patterns.