Hays report highlights shortage of skilled professionals in UK
A report from Hays plc has concluded that UK immigration reform is essential in order to avoid derailing recovery and undermining the country’s growth prospects.
It states that there is a professional skills shortage in the UK and that sourcing more workers from other countries is necessary in order to address the problem.
Hays Global Skills Index 2013 claims that talent mismatch is a growing problem in many industries especially oil and gas, energy, IT and construction where niche skills are in increasingly high demand.
The reports stresses that the UK government must revise its immigration policies to gear them towards attracting skilled workers that are in short supply locally. This supports Boris Johnson’s latest proposals for a & lsquo;London visa’ to bring more talent into the capital in the areas of technology and fashion.
It further states that in the long term, education policy must be aligned far more closely with the needs of businesses and students should be motivated towards the education required to meet the demands of industry, easing the transition for students into employment and ensuring the widest possible group of skilled workers across all generations are participating in the labour market.
Hays’ chief executive Alistair Cox said, “This year’s Hays Global Skills Index makes it very clear that the pressure on the UK labour market is increasing. Too many skilled jobs are now going unfilled because the right skills are in increasingly short supply. This makes a real dent on a company’s ability to grow and constrains the UK’s economic prospects at a time when we need to be encouraging a sustained recovery.
The report added that only Spain, Portugal and Ireland in Europe suffer a greater talent mismatch than the UK - all economies badly affected by the Eurozone crisis.
The report, titled & lsquo;The Great Talent Mismatch’ and produced in collaboration with Oxford Economics, is based on an analysis of employment markets across 30 major global economies and highlights the extent to which businesses and governments have to work together to build the right skills pipeline for sustainable recovery and growth.