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.
Source: March 2016 Policy Voice Survey, IoD