New Research Shows a Widening Gap Between Small and Large Businesses Ahead of Brexit

London, May 2019: The Adecco Group UK&I’s Spring Brexit tracker has revealed discrepancies between the number of large and small companies ready to make post-Brexit recruitment decisions. A third (34%) of small medium enterprises (SMEs) think they have enough information to make recruitment decisions after the UK leaves the European Union. This is compared to only 22% of larger organisations who appear more unsure of how Brexit will affect them.  The research comes from the Adecco Group UK&I’s Spring 2019 Brexit Tracker, compiled from data collected as part of the CIPD and the Adecco Group UK&I’s Labour Market Outlook (LMO) report. The quarterly tracker went on to reveal that almost half of respondents (43%) think that Brexit will have a negative impact on their organisation.

The tracker also found that when it comes to the steps being taken to prepare the workforce for Brexit, communicating with staff regarding the potential implications is still the most popular option (26%).

Alex Fleming, Country Head and President of Staffing and Solutions, the Adecco Group UK and Ireland, said: “The delayed Brexit deadline should be seen as an opportunity for organisations to get their workforces ready for a future outside of the European Union. Clear and consistent communication with staff is one way to ensure organisations are able to retain existing talent. It’s equally important to ensure that organisations are fuelling their own talent pipeline by upskilling employees with both technical and soft skills. These are all factors for companies to take into consideration now, regardless of whether or not they get more clarity around what the final Brexit deal will look like.”

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adecco@octopusgrp.com or +44 (0) 20383 73734

www.adeccogroup.co.uk

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About the Adecco Group UK and Ireland

The Adecco Group UK&I and its brands are part of the Adecco Group, the world’s leading HR solutions partner. As a Group, we provide more than 700,000 people with permanent and flexible employment every day. With more than 34,000 employees in 60 countries – 3,100 in the UK&I – we transform the world of work one job at a time. Our colleagues serve more than 100,000 organisations with the talent, HR services and cutting-edge technology they need to succeed in an ever-changing global economy. As a Fortune Global 500 company, we lead by example, creating shared value that meets social needs while driving business innovation. Our culture of inclusivity, fairness and teamwork empowers individuals and organisations, fuels economies, and builds better societies. These values resonate with our employees, who voted us in the top five on the Great Place to Work® – World’s Best Workplaces 2018 list, for the second year running. We make the future work for everyone.

The Adecco Group is based in Zurich, Switzerland. Adecco Group AG is registered in Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN). The Group is powered by ten lead brands: Adecco, Badenoch & Clark, General Assembly, Lee Hecht Harrison, Modis, Pontoon, Spring Professional, Vettery and YOSS.

The Adecco Group UK&I’s head office is located in London, UK. We have 11 brands, including the Adecco Group UK&I, Adecco, Ajilon, Badenoch & Clark, Modis, Office Angels, Penna, Pontoon, Roevin and Spring Technology.