Secretarial Jobs Board

Small firms 'want to keep staff'

04/11/2008

Small companies do not want to cut jobs and would instead rather reduce employees' hours, it has been claimed.

Stephen Alambritis, head of public affairs at the Federation of Small Businesses, said that despite the credit crunch firms still want to retain staff.

His comments came in the wake of a survey conducted by the organisation which found that two million people are now working fewer hours and being paid less.

"The survey means that these are very tough times for small businesses and they'll do anything they can to hold onto their staff," Mr Alambritis said.

"What this shows is that they are doing that and the next stage is cutting back on hours."

He added, however, that the data showed that the step after this for businesses will be slashing jobs - which he described as "worrying".

Banks need to start lending more money to small businesses if workers are to keep their jobs, Mr Alambritis said. ADNFCR-1196-ID-18857998-ADNFCR


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