Our 2020 Mind the Skills Gap research reveals that the COVID-19 pandemic has worsened the UK’s employability skills gap enough to potentially hinder the country’s long-term recovery and ability to compete on the world stage. The situation could be made worse with the end of the Brexit transition period as employers lose access to the EU-wide talent pool, disrupting both supply of and demand for talent across the country.
Two thirds of (65%) of UK small and medium businesses (SMEs) said that the COVID-19 pandemic has highlighted skills gaps within their organisation. Among this group, nearly 95% believe that these skills gaps are significant enough to hamper their organisation’s future growth and success. Yet, over two thirds (66%) of UK employees say they have had no training or professional development since January 2020, despite the COVID-19 pandemic forcing many companies to change how they do business.
Once again, our research has found a mismatch between the skills employers say they need, and the amount of skills training employees say they have had. This time however, under the current economic circumstances, the stakes are higher for business.
Read the full report here.