Insight from Hays on how to maximise recruitment in your business against the backdrop of skills shortages.
The UK continues to face a backdrop of skills shortages which are arguably fiercer than ever. Whilst skills shortages are just one of the challenges facing businesses right now, data from our latest Hays UK Salary & Recruiting Trends survey found that 93% of employers say they’ve experienced hiring difficulties over the past 12 months, increasing from 86% in 2021 and 77% in 2020.
There’s a whole host of reasons why skills shortages have hit a peak, including unemployment being at its lowest rate for a long time, and there’s thought to be a proportion of the workforce who haven’t returned to the labour market post-pandemic.
What we know is that a lack of the right skills and talent can severely hamper growth for businesses. In an environment where we’re already seeing increased economic uncertainty, allowing the skills gaps to grow wider and your business to suffer as a result, isn’t an option.
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