BrainKing - Discussion boards (Politics)

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Politics

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1. January 2011, 22:22:27

Mort

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15/12/2010

The UK's skills shortage is affecting larger business growth, the Institute of Directors (IoD) has said. Its survey reveals that 31 per cent of employers are finding it hard to fill vacancies due to a lack of candidates possessing the necessary skills for a role.

This is echoed by the latest Report on Jobs from the REC and KPMG, which stated that businesses are finding a skills shortage in some areas, including IT specialists.

The IoD claimed that the hardest skills to find are in technical skills, management and leadership. In addition, the association found that 47 per cent of those surveyed said that some of their current employees also lack the skills required to perform their job.

"It is disturbing that at a time of economic weakness, the growth of the private sector is being held back by skills shortages," commented Miles Templeman, director-general of the IoD.

This has led to 58 per cent of employers claiming that the skills shortage is restricting the growth of their business through higher costs, stifled innovation and increased workloads for other staff.

http://www.womenintechnology.co.uk/news/iod-uk-skills-shortage-affecting-business-growth-news-800292413