1 in 5 Kiwis would consider starting their own business

One in five Kiwis would consider starting their own business, and believe that New Zealand is the best place to launch a start-up, according to the latest findings from Randstad.

The results from the Randstad Workmonitor & Mobility Index indicated that 52 percent of Kiwis would love to be an entrepreneur because it gives them more opportunities, and 69 percent of New Zealanders regard New Zealand as a good place to run a start-up.

In addition, 20 percent of New Zealanders would consider leaving their job and starting their own business (in line with Australians at 22 percent), while 35 percent state that if they lost their current job they would like to start their own company (again in line with Australia at 37 percent).

Sixty-seven percent of Kiwis would prefer to work for an SME or a privately-managed company, ahead of Australia at 62 percent.

Country manager of recruitment and HR specialist Randstad New Zealand, Brien Keegan, says these findings provide some interesting insights into the challenges employers face.

“The SME market in New Zealand is booming and the desire for Kiwis to start their own business is high on the list. 

“It’s interesting to note that 61 percent of all jobs created at Randstad came from SMEs in 2016, so it’s no surprise that SMEs are the hottest businesses in New Zealand right now, both to own and to work for. 

“Large employers need to develop their appeal and tap into the SME share of the market. It’s crucial that employers appeal to the Kiwi entrepreneurial spirit.”

For detailed insights into all 33 countries contributing to the quarterly Randstad Workmonitor & Mobility Index, visit http://www.randstad.com/press/research-reports