The research, part of a report titled: Supercharging small business growth, highlights the struggles that small businesses face recruiting staff, with the biggest challenge being that many candidates lack the necessary experience (30%). Meanwhile, many small businesses simply can’t afford a recruitment drive right now – with 23% saying the recruitment process is too expensive, and nearly a fifth (19%) saying that they cannot meet candidate salary requirements. This comes amid a record 1.1 million job vacancies in the UK in the period between July and September this year, according to the Office of National Statistics (ONS).
The report also highlights the impacts of failure to recruit on small businesses. Micro businesses (1-10 employees), say that the biggest knock-on effect is that they cannot increase sales (31%) or expand product/service offerings (29%). Meanwhile, Respondents with 25 – 49 employees said the biggest impact of recruitment issues is that it forces senior members of the team to spend more time in the office, resulting in burnout and lower-quality decision-making (29%).
In terms of improvements that could be made to help make recruitment easier, respondents said that government investment in apprenticeship and skill schemes (38%) would be most useful – which is consistent with the finding that a lack of skills is the biggest problem for small businesses. Respondents also pointed towards the wider availability of recruitment advice/training (30%) as something that would make recruitment easier, as well as simpler reference checks (29%). Over a fifth (22%) also cited less stringent requirements to meet the conditions for working visas as a key way that their recruitment issues can be addressed.
Cameron Shearer, CEO of Superscript, said:
“In the midst of a recruitment crisis across the UK, small businesses are particularly struggling as they often will not have the resources or brand recognition to compete with larger, more prestigious companies for the talent. On the flip side of this, with the amount of small businesses that have started up over the last year, it is encouraging that they are finding the success that requires them to take the decision to grow their team to maintain growth. Providers can support small businesses by removing unnecessary red tape and by giving them the flexibility they need to grow.”
Superscripts top recruitment tips for small businesses:
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