SME decision makers split on EU-Referendum, in YouGov Survey

Interest in the upcoming referendum on our position in the European Union is taking off. I don’t think it’s yet the hot topic in pubs and bars, that’ll happen closer to the date of the vote.

Meanwhile, I’ve been offered access to a recent YouGov opinion poll. Which, on the basis that small firms accounted for 99.3 per cent of all private sector businesses in the UK, could be of interest to you. The YouGov poll was commissioned by QuoteSearcher who are a niche insurance specialist.

You can download the details at Results EU Exit, or a summary at QuoteSearcher. The YouGov study details are,

All figures, unless otherwise stated, are from YouGov Plc.  Total sample size was 683 SME decision makers. Fieldwork was undertaken between 22nd- 26th June 2015.  The survey was carried out online. The figures have been weighted and are representative of all GB adults (aged 18+).

Associated with the study are comments from Professor Simon Down, Lord Ashcroft International Business School – Anglia Ruskin University, who comments on Small vs. Medium Enterprises perspective,

“There is actually a huge difference between a small and medium-sized business, the latter quite often being much more substantial, formalised and professional than their counterparts. This is the issue with “lumping” the two together as an “SME” can range anywhere between 10 and 250 employees which means there is a large difference between the two.”

“In medium sized enterprises there is a much greater need for skills in a range of different sectors and technologies etc. Furthermore, these companies will have at least one tier of managerial staff who will have one to two specialisms, meaning the skills that they are looking for are likely to be much more sophisticated.”

“Smaller businesses not hiring from outside the UK could come from a lack of resources or skills which are required to hire specialist workers from different nations. Meanwhile, medium sized businesses are generally more formal and can have dedicated HR departments who will hire a person with the required skills regardless of where they are from. If they need people they’ll get them from wherever and deal with the costs and administrative procedures. This is particularly true for those that work in high-tech companies, biotech firms etc. as the skills they need to grow are not always in high supply in Britain.”

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