Talent pipelines | Why Ricoh signed the Armed Forces Covenant

Why Ricoh signed the Armed Forces Covenant

Many employers are citing growing skills shortages particularly with economic uncertainties on the horizon and talent dearth’s as a result of Britain’s fast-approaching departure from the EU.

This is backed by the stats. 2019 research from the Chartered Institute of Personnel and Development (CIPD) found that three quarters of survey respondents cited it as increasingly difficult to fill vacancies within the first quarter of this year. Additionally, a 2018 report from the Financial Times cited five UK sectors grappling with acute labour shortages, including the hospitality, construction and information and technology sectors. Therefore, the need for employers to unlock untapped talent pools is all the more crucial. Employers are increasingly recognising the untapped talent resting in ex-military and active reservists.

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