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Medium-sized businesses to drive jobs and pay

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22 March 2015

Business woman with car keys
Medium sized companies are looking to employ junior and middle management positions – which should help boost company car sales

MOST new jobs and bigger employee wage rises will come from medium size businesses according to research by Barclay’s Bank.

businesses are looking to fill, middle and junior management employees

In the Barclays Employers’ Survey 2015, which questioned over 660 UK businesses, results reveal mid-size businesses will be leading on job creation and wage growth this year.

Against a positive backdrop of continued falling unemployment and wage growth outstripping inflation in recent months, 67% are planning to take on new staff, compared to 62% in 2014.

And 82% are set to increase wages – a significant increase on last year’s 67% finding.

Among businesses of all sizes the Barclays Employers’ Survey found:

  • 50% of those surveyed are looking to increase staff
  • 61% are also planning to increase wages
  • 42% saying they will boost wages for their entire workforce.

Further good news is that the number of businesses planning to reduce staff over the next year has halved, from 10% last year to 5% this year.

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