A major skills shortage is affecting the UK, after a recent report has found that two out of three employers are being negatively affected by a lack of abilities.
A study from Hays, which surveyed 17,500 employers, has found that this skills shortage is leading to large pay rises in some sectors, such as engineering – The Independent reports.
However, two out of five employers said the lack of skills was affecting employees’ morale, and increased absenteeism as a result. "Skills shortages have the potential to severely limit companies' growth, hinder productivity and damage employee morale at a critical time,” explained Nigel Heap, Managing Director of Hays UK & Ireland.
"Employees are feeling the pressure, salary dissatisfaction is fuelling the discontent and careers are being stifled. Employers are concerned about the impact this could have on their ability to capitalise on their plans for growth."
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