Hospitality businesses are confident about job creation and taking on ex-public sector workers
The majority of hospitality businesses hope to create more jobs this year, according to a new survey from Barclays.
Meanwhile, 51% of all hotels, restaurants, pubs and bars surveyed stated that they were interested in hiring ex-public sector workers - compared with 57% of businesses across all sectors which said they did not want to do so.
Other findings include:
â- Half of hospitality and leisure businesses believe private sector jobs growth will not compensate for public sector job losses.
â- The vast majority of hospitality and leisure companies (87%) believe that Government efforts to remove barriers to job creation are having no impact on their business; although this is a slight improvement on last year (2012: 89%).
â- A further 72% believe a reduction in employer's national insurance contributions would have an impact on the job market - which makes the chancellor's recent Budget announcement to waive the first £2,000 of employers' contributions particularly timely.
â- Almost a third (30%) of hospitality and leisure businesses believe the Shares for Rights scheme (aimed at encouraging employees to relinquish certain employment rights in exchange for shares in their company to encourage entrepreneurial businesses) will not be popular among small businesses.
Mike Saul, head of hospitality and leisure, corporate banking, at Barclays, said the survey showed that as one of the largest employers in the UK, the hospitality sector had weathered the economic storm well. "It is well placed to offer opportunities to a broad spectrum of individuals from many different employment backgrounds, and, as our research shows, there is clearly room and appetite to develop these aspirations."
The Barclays Job Creation Survey 2013 was undertaken in January-February 2013 by Critical Research, and surveyed over 700 UK businesses of all sizes, including 54 hospitality and leisure businesses.