ELECTION BRINGS HOPE OF AN UPTURN IN FORTUNE FOR THE JOB MARKET
Conservatives top the polls with employment policies
Vince Cable is politician most senior executives would like to hire in their company
Over 3/4 of top business people do not think politicians make good business people
With election polls pointing towards a change of government this week, a survey of senior executives by management careers site TheLadders.co.uk has found that 64% are optimistic that a change of government will bring improvements to the job market.
500 senior management employees from the UKs leading companies were asked a series of questions on the job market and politics and the results found that the party that best represented the needs of the job seeker was the Conservatives (37%), followed by Labour (30%) and the Liberal Democrats (19%). Although the Liberal Democrats fared less well, their economic spokesperson Vince Cable certainly made an impression with business people he was voted the politician most senior managers would like to hire for their business.
When asked which politicians executives would most like to see working in their business based on their performance in the job the current Prime Minister only came sixth. The top 5 were:
Vince Cable (45%)
David Cameron (35%)
Nick Clegg (32%)
William Hague (31%)
Ken Clarke (29%)
The top reasons for choosing those above were because they were strategic, a good thinker (28%), exhibited personality, dynamism and motivation (19.5%), and had demonstrated a good performance in their current position (15.6%) all attributes that are clearly valued by Britains leading executives. 70% of those polled thought that business people would make good politicians however 76% do not rate politicians as business people, perhaps explaining Vince Cables popularity with a solid business background, he was once a senior economist at Shell.
The specific policies related to improving the job market that managers would like to see in the winning partys manifesto are:
Funding to business to recruit job seekers over the age of 50 (47%)
Temporary tax relief for employers hiring to fill new roles (41%)
Action on retraining job hunters in transferable skills (39%)
Investments in schemes to help businesses employ the long-term unemployed (36%)
Focusing on jobs for British nationals (30%)
Derek Pilcher, Managing Director of TheLadders.co.uk commented: Theres a great deal of expectation riding on the election and particularly for the job market which has taken a huge hit during the recession. With unemployment currently standing at 8% and the lowest its been since 1996* its really important for our politicians to also demonstrate their business skills in helping provide a more secure job market and hopefully a return to prosperity.