Entrepreneurs Show Confidence in School and University Leavers

Entrepreneurs Show Confidence in School and University Leavers

ID: 101280

New recruits praised for keenness and motivation, but education systems do not support entrepreneurship - Six in ten SMEs (60%) who had taken on school or university leavers last year were impressed by their keenness and motivation - Fifty six percent thought that their leavers had shown their ability to fit in to their workplace - Fifty four percent rated their leavers good or excellent in reading and writing compared to 14% who rated them poor - In basic arithmetic, 48% thought their leavers good or excellent compared to 15% poor - Twenty five percent thought their country's education system supported individual ideas and dreams-twice as many (50%) thought that it did not.


(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 01/05/12 -- A wide-ranging report shows confidence from entrepreneurs in Europe and the United States in the quality of the school and university leavers they recruit. They score highest for keenness and motivation, and in basic skills there are many more rated good or excellent than rated poor. But entrepreneurs also think that their national education systems are failing to support entrepreneurial attitudes.

Published by Hiscox, the international specialist , the reports findings from research of 3,000 owners or partners of small and medium-sized businesses in six countries: the United Kingdom, the United States, the Netherlands, Germany, France and Spain.

Little faith in national education systems to support entrepreneurial aspirations

The survey asked respondents whether their country's education system supported individual ideas and dreams. The Americans had significantly more faith in their education system than the EU countries of which the French and British had the least faith.

For more information about Hiscox business insurance, visit: .

Notes to editors

A full copy of the report is available at .

DNA of an entrepreneur sample and methodology

Respondents were 3,000 owners or partners in businesses with fewer than 50 employees, 500 each in the UK, USA, Netherlands, Germany, France and Spain. The businesses were predominantly service-based (84%). 87% were below GBP 1 million annual turnover, 57% below GBP 100,000. 39% were one-person businesses and 30% had fewer than five employees. 58% of respondents were men, 42% women. 52% of respondents were aged 40-59, 35% under 40.

The research was conducted for Hiscox by The Survey Shop. The sample was drawn from online panels. 3,000 owners/partners took part between 5th-11th September (five countries) and 3rd-9th October 2011 (Spain). Statistical accuracy: +/- 1% to +/- 1.5% for the whole sample of 3,000 and +/-2% to +/-4% for each country's sample of 500.





About Hiscox

Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE: HSX). There are three main underwriting parts of the Group - Hiscox London Market, Hiscox UK and Europe and Hiscox International. Hiscox London Market underwrites internationally traded business in the London Market - generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd's. Hiscox UK and Hiscox Europe offer a range of specialist insurance for professionals and business customers, as well as high net worth individuals. Hiscox International includes operations in Bermuda, Guernsey and USA. Hiscox Insurance Company Limited, Hiscox Underwriting Limited, Hiscox Europe Underwriting Limited and Hiscox Syndicates Limited are authorised and regulated by the Financial Services Authority.



Contacts:
Hiscox
Abi Clark
+44 207 448 6470


Hiscox
Johanna Boland
+44 207 448 6494



Caroline Cecil Associates
Caroline Cecil
+44 20 7610 4110

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 05.01.2012 - 11:00 Uhr
Sprache: Deutsch
News-ID 101280
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