Employers reporting stable growth
Every year we commission a survey to collect data on current and future economic performance and to identify drivers and barriers to growth across a range of business topics including finance, international trade, innovation, employment, skills, corporate social responsibility and local trading conditions.
Findings help shape economic development strategies and local services for businesses.
The survey is also an opportunity for employers to request information about of business support services and corporate social responsibility (CSR) opportunities in Manchester.
504 Manchester businesses were interviewed by BMG Research during November 2014 - January 2015.
The survey found signs of sustained growth during the previous 12 months with 28% of employers reporting an increase in staff numbers and 12% a reduction, down 15% in 2013. Thirty-nine percent of businesses saw turnover rise (up from 36% in 2013) and 17% saw a decline (21% in 2013).
For the next 12 months employers expect growth to slow down slightly with 62% expecting not to recruit (58% in 2013) and 32% forecasting that turnover will stay the same (up from 29% in 2013).
Recruit and skills remains one of the most critical growth factors and a growing number of employers (34% compared to 22% in 2013) looking to recruit apprentices.