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25% of IT workforce could be lost in Brexit

Research has revealed Brexit would potentially reduce the UK’s IT workforce by 25%.

 

Talent Point, who conducted the research, used historic data to investigate the potential impact of Brexit on tech-driven businesses. Over 2015, from 12,213 applications the company registered 3,347 job seekers, securing interview for 2,723. Of those it found work for, the average salary paid was £43,500.



Among them, Talent Point noted the following continents/countries of origin.

 

UK

1728

51.61

Europe

828

24.73

Asia

564

16.85

Africa

84

2.51

Oceania

83

2.51

North America

48

1.43

South America

12

0.36

 


The company says the most obvious impact of Brexit as suggested by this data is that almost a quarter of applicants reached us due to freedom of movement within the EU. Without the ability for EU citizens to cross borders freely, some 25% of the current UK tech talent pool would be lost.

 

The company also considered the low number of high-demand applicants arriving in the UK from Africa, Oceana, North and South America.

 

Talent Point said, “Obtaining a UK Visa from these countries is exceedingly challenging. The discrepancy between applications we receive and those we are able to act on can in part be explained by country of origin – we simply cannot engage with most overseas applicants as they do not have the right to work in the UK no matter how useful their skill set would prove.

 

“Consider, then, the impact of EU citizens having to undergo a similar process to enter the UK and a clear picture emerges of a stalling, considerably under-skilled UK tech sector.”

 

Talent Point conducted another case study to highlight hiring patterns with individual customers, the multicultural teams that they are currently able to employ, and how their hiring would have looked without freedom of movement within the EU. As part of this it asked 100 customers what percentage of their current staff were hired from the EU; the average was 31%. Customers were also asked whether they were for or against Brexit, to which 84% said they were against and 6% said they were undecided. Finally, those surveyed were asked if acquiring the tech skills your organisation needs to flourish a business was a critical issue, to which 94% said it was.


 

 

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