A short but interesting article on EU workers and how small businesses could potentially be affected by a 'Hard Brexit'.
It is still unclear whether the damage to the UK economy in the short-term will be outweighed by the potential reduction in unemployment and the positive effects thereof in the medium to long-term.
One thing is for sure; there is a significant risk to small businesses employing EU workers and many are eager to be informed of the planned approach to be taken with regard to EU citizens already here working in the UK.
More than half of small firms employing workers from the EU are worried that Brexit will stop them recruiting sufficiently skilled staff.The Federation of Small Businesses (FSB) has found that only 21% of small firms currently employ staff from an EU country.Of those, 59% are concerned they will not be able to recruit the right staff in the future.The FSB said securing the right of EU staff to remain in the UK was vital.Without that small firms feared they would lose skilled staff who would be difficult to replace. "EU workers are a vital part of our economy, helping to plug chronic skills gaps across a wide range of sectors, and filling jobs in an already tight labour market," he said."...small employers need to be able to hire the right person, for the right job at the right time."