Nearly 40% of UK Directors say UK economic conditions, compliance with government regulation and employee skills gaps are causing the most negative impact to their businesses


The March 2016 Policy Voice survey (from the Institute of Directors, IoD) addressed the topics of economic outlook and pay & conditions. Below are some of the survey highlights:

  • 62% of members are optimistic about their organisation’s prospects for the next 12 months, even though only 37% are optimistic about the wider UK economy.
  • Three issues are nearly equally-weighted among members’ concerns: UK economic conditions (39.98%), compliance with government regulation (39.8%) and employee skills gaps (39.71%) (see chart below).
  • 75% state the National Living Wage will not affect their organisation.
  • 65% do not think the government will meet its target of doubling UK exports by 2020.

IoD_March_Policy_Survey_Results

 

Source: March 2016 Policy Voice Survey, IoD

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