Hiring in the UK is at a 16-year high according to a new report released by accountancy firm BDO. According to the new numbers, the nation’s job index as at its highest since 1998.
Experts say that one reason for the increase is a “significant uptick” in hiring plans by services firms.
The study also found that the upwards trend is expected to continue at least until the end of the year.
The “optimism index” likewise was at its highest level for more than a year this past month.
BDO partner Peter Hemington: “The unprecedented growth we’ve seen in UK employment this year looks set to continue.”
Along with the more optimistic outlook for hiring in the UK come some concerns about a shortage of skilled workers. Mr. Hemington thinks that “readily available and flexible labour from Europe” can relieve short-term pressure on businesses in the UK.
In a tough economy where good jobs can be more than scarce, those who leave school will often face various challenges.
There is the obvious challenge to even find work in a desired field, regardless of the level of education. It’s not only that jobs tend to be scarce these days – companies often want their employees being experienced and shy back from hiring fresh graduates.
For that reason, apprenticeships can be a life-saver.
With an apprenticeship, graduates can get the experience they need to increase their chances in a tough job market. More often than not, potential employers will value first-hand experience and this can be one major incentive to take on an apprenticeship.
Apprenticeships, for example IT apprenticeships can also help if a graduate needs a industry certification such as the A+ Certification or IT Network Certifications. Often, the certification can be obtained during the apprenticeship and an employer may even sponsor the graduate to obtain it.
The biggest incentive of available apprenticeships in the UK however is the fact that a large percentage of apprentices is likely to get hired with a firm permanently. In the IT sector, up to 94% of those who took on an apprenticeship will ultimately get hired on. In other words, an apprenticeship can be the best way for anyone to get into the job world as quickly as possible.
A recent article in the guardian talks about how unemployment in the UK leads to ever more graduates starting out their own business or becoming entrepreneurs.
While some experts cited in the article say that this is a natural result of an ever changing work world, others say that it may lead to more insecure and less-rewarded workers.
In regards to the current unemployment numbers in the UK, the figures published on Wednesday are expected to show Britain’s unemployment rate falling further to 6.8%.
At the same time, self-employment has gone up, helping to drive the improvement in the overall figure, but the jobless rate for the young is still predicted to be several times higher than average.
Almost no type of business today can be more complex than the international import and export business. This kind of trade demands a lot of careful attention while mistakes made in the various steps involved can often be unforgiving.
Let me give you a short overview and example why the modern import and export business can be so complex.
Several steps will be involved that may start with the customer ordering process or knowing where goods can be obtained at a low price and where demand will be high to be able to sell those goods for profit.
The transportation of goods, especially in the international shipping business is anything but a straight-forward process. Depending what countries will be involved, the shipping of merchandise from one country to the other can involve heaps of paperwork ranging from invoices to the crucial and extremely important custom documents.
In no time a seemingly small mistake on any of those important documents could be make resulting in delays during shipping and at the borders. Delays and holdups during transport can be disastrous for a shipping company for everything depends on the punctual delivery of goods.
To be able to manage this type of business, modern export management software or complete shipping software packages would be recommended.
With modern shipping software, the shipping business can greatly reduce risks that mistakes on forms or paperwork could be made. Shipping and transport costs will be visible in real-time which enables the company to always choose the most economical way of transport for their goods. The mounds of paperwork will be organized all in one place so they can be looked over quickly. In case detailed reports will be needed for management, modern shipping software and freight forwarding software will have the option to create those easily.
Modern shipping software today should be seen as a minor investment since the payoff from the cost savings will greatly offset any initial purchase price.
Having a successful business today means having to overcome challenges which are quite different as compared to a decade or two ago.
The economic climate today brings with it particular challenges and hardships that need to be mastered. This applies for pretty much any type of business today.
Those times where businesses and entrepreneurs had unlimited money to spend on resources are gone.
Today, cost cutting and operating a business as efficiently as possible is as important as never before.
The ever present globalization of today which according to Wikipedia “is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture” brings with it even more demands and challenges to the markets.
On one hand, globalization and with it the import and export of goods, labor or manufacturing can mean benefits for certain types of businesses in the UK but can likewise lead to obstacles and problems.
According to a new study published by the Standard, business across the British manufacturing, retail and service industries showed growth early in 2014 and remained strong and above average as the UK economy continues to be revived.
The study furthermore outlines that the outlook for the next three months is positive with growth expected especially in the service sector.
Here on our website we want to provide you with continued advice and tips on how to apply the right strategies to make your business successful.