smallbusiness.co.uk: Helping your business think big

Email a Friend

SMEs bullish for 2012

UK businesses are feeling confident about increasing revenue and headcount in the year ahead, finds research.

UK businesses are feeling confident about increasing revenue and headcount in the year ahead, while more than three quarters may increase salaries, finds research.

Some 61 per cent of businesses surveyed by recruiter Adecco say that growth is their main focus for 2012, with just 7 per cent looking to consolidate their business within the next 12 months.

The news follows the BDO Optimism Index hitting a key mark that indicates growth in the economy.

Two fifths of businesses say they are confident that their company will grow this year and that they look to increase headcount, in comparison to just 23 per cent who think growth is unlikely, and 37 per cent expecting to remain the same size.

The key areas where companies are looking to increase their staffing levels are sales, customer services and operations.

Around 78 per cent of UK businesses may also boost employees’ salaries in 2012. Many companies (38 per cent) are committed to increasing salaries this year or have already increased them, with a further 40 per cent still undecided but considering a rise in wages.

Steven Kirkpatrick, managing director at Adecco UK & Ireland, says, ‘These figures show that there is a cautious sense of positivity out there. While cost control is still important, many UK businesses are taking steps to recovery following the recession and the period of caution which has followed it.

‘The focus on both permanent and temporary roles is especially positive, suggesting that many organisations are confident enough to make the commitment to long-term staff, and also that new legislation such as the Agency Workers’ Regulations has not had a negative impact on temporary roles. This positive feeling suggests that 2012 might be the year that the economy shows signs of recovery.’

See also: SMEs bullish about economy

Previous article

UK SMEs let down by customer service

Next article

TUC: tribunal fees will harm lowest-paid

Post a comment

Related

Small Business Offers

  • We keep Britain on the move

    In these competitive times you need consistently high quality and outstanding first time delivery rates to keep your customers loyal. Find out how we can help your business grow parcelforce.com/britain

  • Grow your business online

    4 in 5 people prefer a co.uk when searching online. Meet some real life success stories and discover why .co.uk is a great place to be for you and your business. Find out more.

  • Natwest Business Insurance

    Providing cover that's just the job - whether you're a new sole trader or long established, major employer. Call 0333 355 9427 minicom 0800 051 3030. Mon-Fri 9am - 7pm (excluding bank holidays). Calls may be recorded.

  • Small Business guide to shipping & logistics

    In our small business guide to shipping, we explore how young companies approached their logistical operations, with first-hand accounts from case studies on importing and expert advice on tax considerations, international shipping regulations, hidden port charges, and more.

  • Low Cost Card Processing for SME's

    The UK's fastest growing Merchant Service Provider helps SME’s across the country achieve unbeatable rates and service. Switching to PaymentSense can save your business up to 40%. Setup in days, Low cost, Capped Rates and UK based 24/7 service as standard. Find out more.

  • Key Man Insurance & Tax Efficient Life Insurance for Directors

    Free Independent advice & quotes to protect your business and your family. Relevant Life Insurance, Life & Critical Illness Insurance, Shareholder Protection, Income Protection. To find out more or Tel: 01773771380.

  • Compare business insurance quotes

    Tailor your policy, compare quotes and buy in minutes! Up to 50% No Claims Discount. Compare quotes now or call 0845-0723340 today.

More from Small Business

Starting a Business
Choosing the right advisers as a small business owner

Choosing the right advisers as a small business owner

Jonathan Richards discusses how entrepreneurs should go about selecting experts to consult. ...  

Financing a Business
Why cash flow planning is crucial for a small business

Why cash flow planning is crucial for a small business

Isaac Lilos, founder of art brand Arty Globe, explains why small companies should prepare for the...  

Running a Business
Top five tips for small businesses to get technology right first time 

Top five tips for small businesses to get technology right first time 

Jeremy Fennell, managing director of PC World Business, gives his top tips on IT for...  

Blog
How to keep control of your sales process

How to keep control of your sales process

Shaun Thomson, founder of sales and leadership training company Sandler, discusses how to modify your...  

Site map

SmallBusiness.co.uk delivers comprehensive advice and support to the UK's 4.5m small businesses. Our goal is to help owner managers start, run, grow and succeed in business, helping you turn your business idea into a working, profitable business.