With 74% of CEO’s concerned that skills shortages are a threat to sales and revenue growth, and skills shortages are at the forefront of every talent discussion, it is a concerning read that expenditure on training per worker has fallen by 35% in larger businesses and 38% in public sector organisations.  

More effort is needed if we are to address the skills required to transition to a green economy and increase productivity.  It’s imperative that hiring managers look at the benefits that reskilling workers can bring to their teams, creating more diverse teams at the same time.  Only by employing alternative strategies to create talent, will we start to move the dial and create a sustainable workforce.  

Investment in skills by employers has dropped by 19 per cent in real terms per employee between 2011 and 2022

https://www.thetimes.co.uk/article/e9d05a29-f60b-42b2-98ae-f17b4d6a62b6?shareToken=d228e909ccff322c948ed7a4ae6a200f