Job Market Monitor
SME
Human Resource Development in SMEs – Review of the Literature
Human Resource Development (HRD) in small and medium-sized enterprises (SMEs) is a significant area of scholarship. However, the cumulativeness of research on HRD in SMEs remains relatively low when compared to HRD generally. This paper reports a systematic literature review (SLR) to synthesise research in this area. A disciplined screening process resulted in a final … Continue reading
SMEs and Skills in Canada – Difficult for them to assess their skills needs, recruit talent and make plans
The impact of COVID-19 on small and medium-sized enterprises (SMEs) has been significant and severe. SMEs are the backbone of Canada’s economy, yet few have the resources to deal with the skills and labour shortages they face – shortages that the pandemic has only made worse. By combining preliminary data from an ongoing survey of … Continue reading
SMEs Facing Labour Shortages in Canada – 43 percent more likely to experience low growth
Canada’s small and medium-sized enterprises (SMEs) account for more than 90 percent of private-sector jobs in Canada. To be competitive in today’s market, they need the right people with the right skills, yet they are disproportionately threatened by labour shortages and skills gaps – a situation made worse by COVID-19. Unlike large corporations, SMEs possess … Continue reading
Skills Gap in SME – First, link skills and employment policy to regional strategy
According to Siemens UK and Northern Europe HR director Toby Peyton-Jones, for small businesses the skills crisis is “the elephant in the room”. “They just haven’t got the bandwidth to get involved with this agenda,” he says. In his view, there are two approaches to making it easier for SMEs. The first is by linking … Continue reading
Only young businesses – predominantly small – create a disproportionate number of jobs OECD finds
The OECD has embarked on a distributed microdata project, called DynEmp, with the aim of providing a cross-country evidence base for the design of well-grounded policies for employment and growth. The project has produced a new database of micro-aggregated firm-level data on employment dynamics for different groups of firms classified by size, age and sectors … Continue reading
UK / Apprenticeship reforms ‘favour’ large employers, say the AELP
Government reforms of apprenticeship schemes in England and Wales are biased in favour of large employers at the expense of SMEs, according to the Association of Employment and Learning Providers (AELP) Continue reading
India / SMEs employ close to 40% of workforce, but contribute only 17% to GDP
Small and medium enterprises (SMEs) have been the backbone of the Indian economy. That is both a good and a bad thing. The good part first. Employing close to 40% of India’s workforce and contributing 45% to India’s manufacturing output, SMEs play a critical role in generating millions of jobs, especially at the low-skill level. … Continue reading
Sweden / Arbetsförmedlingen and the Federation of Business Owners to find ‘hidden jobs’ in SME
Sweden’s Employment Agency (Arbetsförmedlingen) and the Swedish Federation of Business Owners (Företagarna) launched their new collaboration on Thursday in the hope of improving recruitment processes across the country. “The Swedish workforce has changed so that four out of five jobs are now in small businesses. It’s clear that it’s trickier for an institution such as … Continue reading
Skills Gap / SMEs are not confident enough right now to make big investments in training
“We’ve been able to find the types of people that we want as long we are willing to invest in them to bring them to the level of skill that we need,” says Tammy Krings who has something of a happy problem for her growing, Columbus, Ohio-based global travel business, TS24… Millions of small- and medium-sized employers, … Continue reading
UE – SME: further policy boost needed to help in recovery
Europe’s Small and Medium Sized enterprises (SMEs) continue to strive for recovery. If we take the EU as a whole so far their overall efforts have mainly led to ‘jobless’ growth, as shown by diverging trends in the EU-27 Member States. Today in Brussels, the first day of the 2012 European SME week, the European … Continue reading
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