With COVID-19 transforming work, a new CBI/Birkbeck survey finds that employers plan to increase investment in skills.
The coronavirus pandemic has sped up structural changes already underway in the economy and placed an even greater imperative on reskilling. Making a return this year, the CBI’s annual education and skills survey provides an insight into business intentions for education and skills at this critical time for the economy.
The survey, conducted in April 2021 with a total of 252 respondents, is being published against a backdrop of many companies struggling to fill vacancies, as the economy reopens rapidly from the pandemic. More encouragingly, employers plan on increasing investment in training over the next 12 months compared with pre-COVID levels.
There is also growing confidence that their skills needs can be met over the next three to five years, but much more will be needed to deliver on this confidence at the pace and scale needed. The Skills & Post-16 Education Bill is an opportunity to deliver on the confidence of most firms
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