Home Business news UK companies struggling to hire young people amid cost pressures, MPs told

UK companies struggling to hire young people amid cost pressures, MPs told

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Business lobby groups say ‘taking the risk’ of employing less-experienced workers is being avoided

British companies are struggling to afford to hire young people after a long period of rising costs that have hit profit margins and derailed recruitment plans, business leaders have said.

Rising labour costs including increases to the minimum wage and employer’s national insurance by the government have put young people at the back of the queue when employers consider recruitment, business lobby groups have told MPs.

Continue reading…Business lobby groups say ‘taking the risk’ of employing less-experienced workers is being avoidedBritish companies are struggling to afford to hire young people after a long period of rising costs that have hit profit margins and derailed recruitment plans, business leaders have said.Rising labour costs including increases to the minimum wage and employer’s national insurance by the government have put young people at the back of the queue when employers consider recruitment, business lobby groups have told MPs. Continue reading…