Viz said the cost of living was nominated as the second most pressing issue as rising costs for travel, wages, premises, and the like significantly increased the cost of business, especially for very large firms. 'The data indicates that major corporations are encountering fiscal pressures, especially in managing personnel-related expenses that smaller enterprises often sidestep,' Beyond Recruitment chief executive Liza Viz said.įinding staff remained the top issue for respondents, with 48 percent placing it as their top concern compared with 70 percent in last year's survey, but there was a sharp rise in those saying it was easier to recruit and keep staff. The annual Beyond Recruitment Economic and Labour Report showed businesses with more than 1000 staff were feeling economic pressures the most and were twice as likely to cut jobs than small, medium, and large firms. The biggest businesses are more likely to make workers redundant to cut their costs as economic conditions get tougher, according to a new report. Finding staff remained the top issue for respondents, with 48 percent placing it as their top concern compared with 70 percent in last year's survey.
