Employers expect continued skills shortage in 2018
Combatting skills shortages is vital for employers looking to drive growth and profits as almost two thirds of companies expect to face at least a moderate shortage this year, according to new research - Solving the UK Skills Shortage.
Robert Walters partnered with totaljobs and Jobsite to survey over 5,000 professionals across the UK to gain insight into key shortage trends, the potential impact of Brexit in a global market, changing candidate expectations, individual industry analysis and innovative recruitment strategies to combat skills gaps.
Subjects covered in the research
- Shortages across the UK
- Competing on a global level
- Skills in demand
- Challenges to recruitment
- Combatting skills shortages
- Managing rising workloads
- Reaching top-tier professionals
- Key conclusions
- Almost two thirds of companies expect to face at least a moderate skills shortage in 2018.
- 52% of employers believe the skills shortage will be felt the most at the mid/management level in 2018
- 23% of senior professionals believe the UK is unprepared to compete on a global level
- Almost 8 in 10 hiring managers expect their workload to increase throughout 2018
- There is an increase in demand for sector specific qualifications. 48% of those surveyed said a qualification relating specifically to professionals’ work is most important
Competing on a global level
In London, over half of hiring managers agreed the skills shortage will get worse after the UK leaves the European Union.
Employers in the North West (49%), South East (47%) and the Midlands (41%) closely follow suit.
With diversity a keen focus of UK organisations, many industries are looking to make real strides
towards re-dressing gender imbalances. Top industries that highlighted a need for promoting diversity were:
- Technology & digital
- Manufacturing & engineering
What do candidates say?
Nearly half of candidates highlighted a frustration with recruitment processes taking too long.
Interestingly just under a third of candidates also highlighted a perceived lack of work life balance as a reason to not be attracted by a role and over a third highlighted not finding a company they wanted to work with.
This shows more needs to be done by businesses in their attraction strategies, being more proactive around offering flexible working, advertising and selling the benefits of working for the businesses.
Find out more about the key recruitment struggles employers are facing, industry trends and innovative strategies your business can use to combat skills shortages. Download your copy of the research.