Small and micro businesses have created the highest number of jobs since the recession.
A study by the IPPR from April 2014 shows 84 per cent of new jobs created in the private sector, between 2010 and 2013, were in small or medium sized businesses, or self-employment.
Small firms are also more likely to play a social as well as an economic role compared to large companies. They employ the unemployed, long-term sick, people with disabilities and students. Yet many small firms struggle to overcome barriers to recruitment, especially first-time employers.
Action FSB have taken
Calling on policymakers to recognise the critical role small businesses play in creating high quality jobs in local communities.
Lobbying the Treasury for the Employment Allowance to be increased to help businesses take on staff, increase training and pay.
Promoting the benefits of flexible working for productivity, performance and recruitment among small employers.
Calling on Government to support the creation of collective insurance schemes. This will help small businesses to offer a wide range of benefits to their staff.
We want policy makers to help build an environment that encourages job creation and provides practical support for small firms. We believe this will encourage more people to consider a career in small business. Reforming employment regulations will help small companies take on staff and grow.
“We’re lucky to really benefit from the Employment Allowance as any discount is always welcome. Our staff are really loyal, so sickness isn’t an issue so we can reinvest the money in the business” FSB Member.