Entrepreneurs Optimistic About Workforce Growth

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    Entrepreneurs in Canada and around the world are optimistic about the year ahead, with more than half expecting to grow their workforce in 2013, says the ‘Global Job Creation’ survey by Ernst & Young. “It’s fascinating that entrepreneurs are pushing ahead with their plans for growth in spite of some stark economic forecasts across the globe,” says Colleen McMorrow, partner and entrepreneurial services leader, Ernst & Young. “But what really stands out is the reason behind that growth. The vast majority of respondents cited innovation as the main driver, which makes it one of the biggest job creators out there right now.” Eighty-eight per cent of survey respondents across a wide number of industries agreed that innovation was the one genuine differentiator and advantage they have over the competition. However, despite all the bullish news, entrepreneurs said they were in desperate need of attracting the right individuals to fill those anticipated positions as they continue to grow. The vast majority – including 61 per cent of Canadian respondents – put specific industry and knowledge skills at the top of their wish list for future hires.