Business confidence high in the Isle of Man
The Isle of Man is a great place to do business, from its secure digital infrastructure to its flexibility when it comes to work-life balance, you'll find both employers and employees agree it's an up-and-coming place to live and work.
Feedback was recently invited from local employers to gauge business activity, optimism, future employment and investment. The Business Confidence Survey asked a number of questions regarding employers' perspectives on a number of topics, including the skills gap, the Isle of Man Living Wage and cybersecurity on the Isle of Man.
The survey results showed the Isle of Man is seeing high levels of business confidence with 71% of employers saying they feel that it is easy to do business in the Isle of Man and 28% of Financial Services employers expecting an increase in employment in the next 6 months showing that many employers continue to excel by doing business on the Island.
The survey also discovered that more than 70% of businesses offer flexible working arrangements. So whether you're picking the kids up from school or need to make it on time to that dentist appointment, flexible working arrangements can take the stress away.
Did you know? The Isle of Man has the lowest crime rate in the British Isles.
Nearly three-quarters of employers feel that it is easy to do business in the Isle of Man. With a clear and simple tax regime and 0% corporation tax, Isle of Man businesses gain competitive advantage. You'll also find that the Department for Enterprise supports local and relocating businesses with a wide range of grants and assistance schemes.
To find out more information and the results of the business confidence survey please click here.
Interested in starting a career in the Isle of Man or would like to know the next steps to move your business to the Island? Contact one of the dedicated Locate team members, who are always happy to help.