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‘Increased global confidence boosts entrepreneurs' hiring plans’

Thursday 12th June 2014

Over three quarters (76%) of the world's top entrepreneurs plan to increase the size of their workforce in the next year, according to the third EY Global Job Creation Survey of 250 EY World Entrepreneur of the Year finalists.  
Largely driven by growing global demand for goods and services and technological advances, the renewed confidence meant that the entrepeuners were looking to grow their workfoce by an average of 19%,
EY claim that when compared with CEOs of large corporates, entrepreneurs are taking a more active role in global job creation as only 31% of CEOs surveyed said they intended to hire in the next year.
Maria Pinelli, EY's Global Vice Chair, Strategic Growth Markets said: "The results of our annual survey relay a consistent message – that entrepreneurs, as key drivers of innovation in the global economy, are job creators and are far less risk averse when it comes to employing new people than CEOs of larger companies."
The full EY Global job creation report is available at www.ey.com/jobcreation.

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