Story image

Confidence rises among small businesses

28 Sep 2011

Nearly a third of small business employers are planning to increase their permanent staff numbers by the end of the year, according to the latest employment expectations survey from recruiters Hudson.

Roman Rogers, executive general manager for Hudson New Zealand, says although overall confidence has only increased slightly, the result among SMBs shows things are looking up.

"Businesses of 20 employees or fewer make up over 95% of our businesses here in New Zealand,” Rogers says, "and account for 30% of employees. 

"These small businesses are able to quickly respond to rising consumer confidence, so we would expect this uplift in hiring intentions to flow through to medium and large enterprises in the coming months.”

The report, based on interviews with over 1000 employers, showed 22.5% planned to increase their headcount in the upcoming quarter, up 0.5% on the previous quarter and 2.7% on the same period last year. 

For SMBs, the figure was 32.7%.

In the IT sector, 51.4% of employers planned to increase staff, as businesses continue to invest in technology.

"By talking to our clients throughout the country, we know there are good things happening and there is a positive feeling about the year ahead,” Rogers says.

Go here to read the report.

Google 'will do better' after G Suite passwords exposed since 2005
Fourteen years is a long time for sensitive information like usernames and passwords to be sitting ducks, unencrypted and at risk of theft and corruption.
Commission warns Spark for misleading in-contract customers
The warning follows an investigation into representations Spark made on its website and in emails in August and September 2018.
Qualtrics aims to help organisations master experience management
Experience Basecamp helps users master XM products, including CustomerXM, EmployeeXM and Research Core.
Cloud innovation driving NZ IT services market, says IDC
Managed services makes up the largest portion of total IT services revenue. However, the project-oriented market achieved the highest YoY growth.
Kiwi software company aims to improve global customer experience
Plexure has developed an intelligent technology platform that powers mobile marketing.
Hands-on review: Playing the long game with the The iPhone XR
The red XR is a rare case of having a phone that’s ‘too pretty to be covered’ - and it’s not hard to see why.
What the future of fibre looks like in NZ
The Commerce Commission has released its emerging views paper on the rules, requirements and processes which will underpin the new regulatory regime for New Zealand’s fibre networks.
Gen Z confidence in the economy is on the decline
Businesses need to work hard to improve their reputations.