Education and Skills Survey
This year's survey shows employers are looking to increase their investment in training and development, recognising the importance of skills to unlocking business opportunities and growth
This year's survey results start to provide a route-map to achieving the CBI's goal of private sector growth.
The survey was conducted in February 2011 and responses were received from 566 employers, collectively employing 2.2 million people. These are some of the main findings:
Employers investing in skills
Over two fifths (41%) of firms plan to increase their investment in training.
Skilling employees for sustainable growth
Over two thirds of employers (70%) want to see the development of employability skills among young people at school and college made a top priority - this does not require a new qualification but rather embedding the skills in the curriculum, as the best schools and colleges already do.
Getting the basics right for working life
Many young people are still leaving school and college with serious shortfalls in their employability skills. Over half of employers (55%) experience weaknesses in school leavers' self-management skills and two thirds (69%) believe they have inadequate business and customer awareness.
Skills for competitiveness
Most employers consider skill levels among their employees to be satisfactory for their current activities, with two thirds (66%) rating their high-skilled employees as good.
Employers supporting education
Engagement with secondary schools is a clear priority for employers, with two thirds having built links (67%).
Meeting the need for STEM skills
STEM skills shortages are widespread - 43% of employers currently have difficulty recruiting staff, rising to more than half of employers (52%) expecting difficulty in the next three years.
Business and universities in the new era
One in five jobs (20%) now requires a degree - rising to 70% in professional services.
Building a responsive skills system
Two thirds (64%) of employers believed apprenticeships should be the priority for government funding.
Only a quarter (27%) of businesses say they have no need for foreign language skills among their employees.
To read all of the survey's findings, please download a copy of Building for Growth