Small and Medium Enterprises (SMEs) in Liverpool to create 7,000 new jobs until 2020, report forecasts

Small and medium enterprises (SMEs) across Liverpool will likely create up to 7,000 new jobs until 2020, a new report for npower Business by Capital Economics can suggest.

This flurry of new companies is also likely to add an additional billion pounds each year to the local economy, while the research also found that the number of SMEs in the city has already risen by 19% since 2010, creating 6,900 new jobs.

It says SMEs already generate £6.8 billion for the city’s economy, with the figure set to rise to £7.7 billion per annum by 2020.

Of the 10 fastest growing SME industries across the country, Liverpool already has existing “clusters” in four: education, financial support services, health and office administration.
SMEs in the city benefit from relatively low business rates and cost of living, decent broadband connectivity and the city’s enterprise zone.

Philip Scholes, Head of npower Business, said: “SMEs have driven strong job growth in Liverpool and it is exciting to see the extent to which this dynamism has underpinned a vibrant local economy—and the opportunity for SMEs to grow even further.

“The city is particularly strong for food and beverage services, legal and accounting, logistics and security work; with a wide range of other industries also growing fast.

“At npower Business, we are dedicated to working closely with Liverpool’SMEs to help support the huge contribution that they make to the economy.”

Time & Attendance UK clocking systems – the perfect tools for SME staff management

A workforce management system can help SME owners enjoy an extensive overview of the available skills sets across their workforce, as well as organizing training for specific employees.

This is specifically where Time & Attendance UK could put its extensive experience to very good use.

We offer a complete proximity card time and attendance system that includes European Working Time Directive checking and reporting, Access Control, Fire Roll Call, and also makes good use of mobile and wireless technology so that your employee clocking and activity information can be accessed from anywhere.

Moreover, our specific position within this market segment, as well as proven experience in the field enables us to thoroughly customize our systems in order to meet all of your requirements, whether you’re an enterprise customer with multiple sites or a smaller business.

Proximity smart card technology allows your employees to quickly clock in and out, with the time and attendance software accurately recording attendances.

Furthermore, our all-in-one, Smart Card Time & Attendance recording workstation incorporates such features as job booking, job costing, labour hours analysis and security management.

If you want to find out more about the range of affordable, reliable solutions provided by Time & Attendance UK, just contact our dedicated product team, they’ll be more than happy to answer any question you might have.