Top 5 attributes SME owners look for when hiring

Our research reveals the top attributes small business owners look for when hiring, and what impacts their hiring decisions.

26 May 2022

Small business owners reveal that personal skills trump professionals skills and education when hiring

  • Our findings reveal that honesty is the top attribute that small business owners look for when hiring (49%), followed by a good personality (38%).

  • However, just 6% said that they look for candidates with undergraduate degrees and 37% require experience in a similar position.

  • Getting hiring right is essential for future success as one in six business owners reveal poor hires prevent future growth and one in ten say it leads to fewer sales.

  • These findings come as SMEs are on the lookout for new talent with small business vacancies at 575,000 – up by 72% from the same period last year.

Top 5 attributes SME owners look forPercentage of respondents
1. Honesty44%
2. Good personality38%
3/4. Skill set which matches the job description37%
3/4. Experience in a similar position37%
5. Good at verbal communication34%

Full data available on request

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Charlotte is a Senior PR & Communications specialist at iwoca. She's been sharing news and insights about the finance industry for over three years.

Article updated on: 26 May 2022

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