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:
3. Nick Clegg (32%)
4. William Hague (31%)
5. 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 Britain’s 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 Cable’s 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 party’s manifesto are:
1. Funding to business to recruit job seekers over the age of 50 (47%)
2. Temporary tax relief for employers hiring to fill new roles (41%)
3. Action on retraining job hunters in transferable skills (39%)
4. Investments in schemes to help businesses employ the long-term unemployed (36%)
5. Focusing on jobs for British nationals (30%)
Derek Pilcher, Managing Director of TheLadders.co.uk commented: “There’s 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 it’s been since 1996* it’s 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
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