Entrepreneurs more likely to hire than established firms

Entrepreneurs are far more likely to take on extra staff this year than executives of large corporates, according to a major global survey.

The study points towards entrepreneurs assuming a more prominent place at the forefront of the global economic recovery with 47% of the 2,345 surveyed eyeing bigger workforces before the year is out, compared to 29% of large corporates’ senior executives.

“The global economy is on the road to sustained recovery but growth is slow,” EY chief executive Mark Weinberger said.