The upskilling crisis & its potential consequences

Are you receiving upskilling opportunities at work? If so, you’re among the minority of UK professionals…

The UK is the nation that’s least likely to provide new training opportunities to its employees, according to PwC research.

  • 51% of UK employees are not offered the chance to retrain or develop new skills.
  • This is well below the global average of 26%.
  • In comparison, only 33% of American employees and 31% of Germans have not been reskilled.
  • The stats are all the more impressive in India and China, where the figures fall to 5% and 3% respectively.

The education gap

There is a disparity between those respondents who have undertaken further education (post-school) and those who haven’t. Graduates receive 15% more training opportunities.

This HR Magazine report reveals many more findings, including the worrying trend to overlook changing digital needs.

Employees clearly crave development opportunities. 54% feel prepared to ‘learn new skills or completely retrain’ to boost their employment potential; this figure rises to 67% among 18 to 34-year-olds.

You can read the PwC report in full via their website.

Warning: a lack of upskilling could lead to a lack of employees!

Over on Recruiting Times, we hear that the desire to learn something new tops the list of career priorities for the nation’s professionals.

  • 44.6% of employees want to develop a new skill
  • This beats the 43.5% who prioritise a pay rise
  • And the 22.7% who long for a new job title

40.1% are prioritising the ‘move to another company’. This group may well also increase in time, as 64.1% say their employer doesn’t respond to their needs and 83.2% intend to find a new job ‘to achieve their dreams’.

This could be of concern to many of the employers who are already facing a skills shortage. However, this may also increase the availability of skilled employees. Employers would certainly be wise to review their recruitment approach. Please call the office on 01225 313130 for some professional support.

We’ve only just shared the stats on the number of people looking to change jobs this month and throughout the coming year. Visit our jobs page for the latest opportunities. You’ll also find a number of skills-related topics linked in this article.



Perks & pay: for employees earning less than £30K.

What’s more important, perks or pay for employees earning less than £30,000 a year? 

If you keep your eye on the jobs news, you’ll spot a common theme. Researchers always want to know more about your working values and how these compare to each other. The perennial question tends to include ‘what matters more to you, your salary or your…!’ (As a case in point, we recently reported on the topic of company culture versus salary level.)

Today’s source specifically explores the parity of the work benefits package and salary for the ‘under £30,000 workforce’.

Perks or pay?

In this instance, the title suggests that they’re ‘just as important’ as each other – and many of the employees surveyed place more weight on other work-life benefits.

  • 45% of respondents are happier when offered learning and development opportunities
  • 36% value flexible working hours, including ‘leniency in start times and/or breaks’
  • 26% already enjoy non-typical work schedules
  • ‘Frequency of pay’ is briefly mentioned as an additional motivator
  • Candidates are also eager to source jobs local to home (27%)

The income issue:

This sample explores the ‘Hidden Heroes’ workforce: those who earn an average salary of £16,403. This comprises employees in multiple sectors and across a variety of working ages.

So, from the above findings, you may think this group just isn’t as reliant on their income. However, many of the respondents express financial concerns.

  • Over 1/3 are ‘unsure or worried’ about covering their general bills
  • While 72% do not think they’d be able to fund ‘a large unexpected’ payment
  • Alongside this, 54% of this employee group report feeling ‘underpaid’
  • Millennials most often relate to feeling ‘overqualified’ (45%) for their roles
  • And the hospitality and catering industries contain the greatest number of workers who feel overqualified (54%)

What this tells us…

Employers looking to attract candidates for openings of this salary level would be smart to explore their wider benefits packages. What else could be offered to motivate and incentivise employees? Small changes could prove invaluable to professionals.

Naturally, extending benefit schemes across the entire workforce helps companies to maintain a competitive advantage.

For further recruitment advice, please call the office on 01225 313130.