As ever, we’re keeping a close eye on the job skills news. It’s vital that everyone involved in the recruitment process (candidates, clients and consultants included!) remains aware of the nation’s changing skills needs. Information that becomes all the more vital as the UK skills shortage becomes all the more prolonged…
What exactly is the skills shortage?
Quite simply, it’s the shortfall of suitable applicants for the number of job vacancies that the nation has to fill. It’s an issue that we’ve been exploring for more than 18 months.
The latest job skills news reveals that…
- Most businesses (79%) plan to increase their higher-skilled roles within the coming years. However, the majority of employers (66%) worry that they will struggle to find suitably matched employees.
- A Barclays LifeSkills survey shows that almost 60% of UK adults ‘lack core transferable’ job skills, including leadership and creativity. Differences are reported among demographic groups.
- 2/5 of people are being recruited for roles before discovering they do not have the right ‘soft skills’ required. More than 1/2 of workers have left a role on realising their personality or work style does not suit the position.
- SMEs face the worst of the skills shortage, with underperforming recruits costing an annual average of £39,500.
- Even when sources disagree on job vacancy figures, they agree upon these ongoing recruitment issues!
What are the solutions?
According to the reports, changes must be made at a formal education level. All future workers should be equipped with adequate skills for the modern workplace.
Alongside this, employers need to provide continued training opportunities. Therefore enabling existing workers to upskill on the job; aiding staff retention and business growth.
Businesses must also review their recruitment approach to ensure…
- They are managing to attract enough applicants.
- Employers also know how to best identify suitable skill-sets.
- The job offering is additionally appealing enough to compete with those of other (perhaps better known) organisations.
- Decision-making processes are swift enough to retain interested applicants.
- While ample onboarding is provided to welcome new staff members.
- Plus the list really does go on..!
What should you do now?
- Employers & employees: keep reading articles such as these! We regularly share posts discussing the most sought-after job skills – useful insights whether you’re the one looking to fill these or the businesses competing to attract them! Re-read our skills shortage advice post.
- Especially for job-seekers: do all that you can to ensure that you’re searching for the right jobs for you and you’re doing everything possible to highlight your skills. Follow these tips as closely as you can.
- Especially for businesses: start working through that bulleted list above! Your Recruitment Consultant is the perfect person to call on to support you with this. For tailored recruitment advice, please call the office on 01225 313130.