Challenges in Recruitment: The Rise of Skill-Shortage Vacancies

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As any business owner will tell you, finding the right people with the right skills is one of the biggest challenges they face. It’s an ever-present problem, but one that becomes even more tricky, ironically, when business is good or when all signs point to future growth.

According to the latest Quarterly Economic Survey by The British Chambers of Commerce, +13% of manufacturers reported an increase in their workforce in Q1 2016 – down from +20% in Q4 2015. That figure rises to +16% for service firms – a drop of 7% on the last quarter.

And looking ahead, +13% of manufacturers said they expect to see their workforce grow over the next three months (down 4% on Q4 2015), while +27% of service firms said the same (up 6% on the quarter before).

It’s great to see that firms are looking to grow but the rise in skill-shortage vacancies is something we simply can’t ignore. How do companies continue to flourish when people don’t have the expertise that is required?

As any business owner will tell you, finding the right people with the right skills is one of the biggest challenges they face. It’s an ever-present problem, but one that becomes even more tricky, ironically, when business is good or when all signs point to future growth.

According to the latest Quarterly Economic Survey by The British Chambers of Commerce, +13% of manufacturers reported an increase in their workforce in Q1 2016 – down from +20% in Q4 2015. That figure rises to +16% for service firms – a drop of 7% on the last quarter.

And looking ahead, +13% of manufacturers said they expect to see their workforce grow over the next three months (down 4% on Q4 2015), while +27% of service firms said the same (up 6% on the quarter before).

It’s great to see that firms are looking to grow but the rise in skill-shortage vacancies is something we simply can’t ignore. How do companies continue to flourish when people don’t have the expertise that is required?

As any business owner will tell you, finding the right people with the right skills is one of the biggest challenges they face. It’s an ever-present problem, but one that becomes even more tricky, ironically, when business is good or when all signs point to future growth.

See here for the full Business Census.

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