Aug
20
A Sharp Rise in Expected Redundancies will Hit The UK Jobs Market Hard, a Survey has Revealed.
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In February, it was revealed that the winter CIPD/KPMG Labour Market Outlook survey, showed that almost two in five (38%) companies intend to make some employees redundant that quarter - a sharp increase on the autumn 2007 Labour Market Outlook survey figure of 17%. This was the highest quarterly figure for redundancy intentions since the survey began in 2004.
The average quarterly figure for redundancy intentions is 21%. 25% of employers expected to make at least 10 staff redundant during the period and 37% expected to make fewer than 10 people redundant. Redundancy intentions are strongest in the public services where almost half (48%) of employers surveyed expected to make at least some staff redundant this quarter. Andrew Smith, chief economist at consultancy KPMG, said: “The survey reflects the general uncertainty about the economic outlook. The number of companies expecting to make redundancies has jumped - but the majority still expect to employ the same or a higher number of staff in 12 months time.” CIPD chief economist John Philpott said: “[The survey] does suggest that the UK is entering a period of slower employment growth and somewhat greater job insecurity than in recent years.” Source: Personnel Today 11 February 2008.
State benefits and employer redundancy packages will help but neither is likely to provide sufficient for any extended period of time. Income Protection or Accident Sickness and Unemployment Insurance can help protect against the financial pressures that will inevitably come about in the event of unemployment for anyone unlucky enough to be affected but you need to be aware that there are “exclusion periods” applicable whereby cover will not available until the policy has been in place for a specified period of time. These exclusion periods exist to prevent people who are already aware of immediate redundancy applying for unemployment insurance. Professional advise should always be taken to ensure the most suitable cover at the best price.
Aug
20
How To Reach Your Target Market In Depressed Economy
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Marketing is a fundamental aspect of virtually every business, especially small business. For many companies, this is where most of their budget goes: advertising. There are hundreds of ways for you to advertise from. The goal is of course to target your key audience at the exact right time. This is not an easy task nor is it on that you should take lightly.
A marketing strategy can either make or break your business. As you know, there are many different aspects to a good marketing strategy. You may be wondering which marketing strategy is right for you. Also, how do you know which marketing strategy really works? The best marketing strategy is the one that gains profits. Any marketing strategy will tell you to get yourself noticed by advertising your product or business.
Advertising is going to cost you a little bit of money. But if you look in the right places and follow some good advice, your marketing strategy should leave you coming out on top. Read more