It appears that the issue of a skills shortage in the UK workforce is not going away. Instead it is becoming an increasing concern for business owners and economists, who see a lack of skilled workers as one of the greatest threats to the country’s economic growth.
And not just that, a lack of skills in a workforce can lead to other employees picking up the slack, which creates all sorts of issues around motivation and morale.
Identifying the problem is easy, finding a solution is far more challenging.
So, what can we do about it?
A report by the UK Commision for Employment in Skills in December 2014 made five recommendations for action, putting the onus on employers to lead on skills development, with government support. The report highlighted the need for more quality ‘earning and learning’ routes, like apprenticeships, better management, better job design and increased employee engagement.
“Employers need online recruitment processes to be straightforward, streamlined and suitable for their business needs.”
But when it comes to recruitment it is important to understand what’s working, and what isn’t. Employers need online recruitment processes to be straightforward, streamlined and suitable for their business needs. That means not just aligning with business goals, but also demonstrating an impact on them.
At a time when hiring the right people is more important than ever, one size will not simply fit all.
It is crucial to have a plan from the start of any recruitment campaign, from how, where and when to search for candidates, to screening requirements, interview and offer processes. Without a clearly defined strategy, time-consuming and costly mistakes can be made. And, for small and medium sized businesses, the risk and reward of necessary growth vs. the challenges of recruitment can feel like an uphill struggle. For ambitious SMEs, finding the right people must sit at the top of the priority list and and, against a backdrop of a competitive and unskilled market, this can be a genuine worry for business owners.
The good news? The High Growth Small Business Report (2014) highlighted the value of Britain’s fastest growing smaller businesses, as critical to economic prosperity. Representing just 1% of UK businesses and only 3.4% of the total UK economy, these companies generated 36% of UK economic growth last year and created two in three new jobs (68%) between 2012 and 2013, totaling over 250,000 jobs across the UK.
So, if the power really is in your hands, how do we support the growth of SMEs?
Speaking to employers about the barriers to recruitment led to the development of the Campaign Builder: a simple way for employers to create their campaign and get a transparent upfront quote. Simply pick your requirements from the campaign planner list and we do the rest, removing the hassle and confusion around the process, the very things that can baffle new employers and slow down the search for the right candidate.
A combination of effective recruitment strategies, internal training and investment in ‘earning and learning’ will help to kickstart the skills shortage in the UK. But as employers and agencies, we all need to be on board. Identifying the right candidates against clearly defined job descriptions and supporting the workforce to increase productivity will be crucial. And ensuring that process is as simple and transparent as possible will make all the difference. It is certainly time for employers and agencies to work together to help plug the skills gap and take some joint responsibility for the country’s economic growth.
After all, there is no more important asset for any business, than its people.
A recent survey conducted by XpertHR Pay and Benefits predicts that 7 pay awards out of 10 next year are likely to be worth between 2% and 3%. The survey goes on to reveal an analysis of the current pay settlements landscape, concluding that in the 3 months leading upto the end of September 2012, the whole economy median pay award figure fell from 2.4% (previous quarter) to 2%. The falling figure was not only caused by continual freezes and low pay awards in the public sector, but also by a weakness in private sector awards – the median pay award in the private sector fell from 2.5% to 2.3%.
Other useful findings from the survey include:
- The median pay increase in 2013 is forecast to be 2.5%.
- Pay awards are expected to be tightly bunched around the median, with 7/10 of all pay awards in 2013 likely to be worth between 2% and 3%.
- A higher increase – 3% is expected for manufacturing and production firms, compared to companies in the services sector – at 2.4%.
- Pay freezes are predicted to account for less than 10% of all pay awards.
XpertHR Pay and Benefits editor Sheila Attwood said:
“Our latest data shows a small dip in the level of pay awards, while the predicted 2.5% pay increase in the year ahead demonstrates continued caution on behalf of employers, who will again primarily assess company performance and their ability to pay when setting their pay award budget. Employers are also looking at how they can attract and retain employees in the current climate – from keeping an eye on competitors’ pay rates to being creative with their reward budget.
Be sure to read the full report for further 2013 pay award findings.
As a job candidate the online recruitment process can be a tough ride, but if you have have the qualifications to walk the walk and you play your cards right then you might find yourself in contention for one of the highest paid jobs out there, join us as we count down the top ten highest paid jobs in the UK 2012…
Head of a major organisation £114,540 pa (Average)
Directors, Chief Executives and General Managers fall in to this cateorgory. On average, these titles can offer you a minimum of £49,000 a year up to a staggering £219,300.
In a recent PWC survey, 4.8% of directors claimed their board meetings lasted longer than 10 hours!
Medical Practitioner £82,960 pa (Average)
Doctors, Hospital Service Consultants, Surgeons and Psychiatrists are a few of many other professions that fall in to this cateorgory. Diagnosing illnesses, diseases, physical injuries and prescribing treatments with medication could earn you a minimum of £35,000 pa up to a huge £120,048 pa.
88% of GP’s say their workload has risen in the past 5 years!
Senior Government Official £78,182 pa (Average)
Assistant secretaries/Grade 5 (government); diplomats; MEPs; MPs acting as elected representatives of national, European or regional parliaments can end up with an income between £73,000 and £80,000 pa.
MPs elected to the last (2005-2010) parliament were four times more likely to go to prison than the average Briton, Private Eye reports.
Aircraft Pilot £74,442 pa (Average)
Airline Captains, Flight Engineers and Flying Instructors regulate, adjust and attend to engines or navigate aircrafts and give flying lessons. These types of positions can earn you £45,000 up to a massive £89,000.
Pilots flying high-altitude, high-latitude routes are in the top 5% of all workers exposed to radiation, ranked by dose.
Dental Practitioner £60,000 pa (Average)
Dental Surgeons, Orthodontics and periodontists who can diagnose oral diseases, prescribe treatments and refer patients to specialists fall in to the Dental Practitioner group. This particular kind of job can earn you a £40,000 – £60,000 salary a year.
Dentists in Buffalo have discovered that you are not supposed to brush within 6 feet of a toilet. The airborne particles from the flush can travel up to a distance of 6 feet.
Finance Manager £59,000 pa (Average)
Credit Managers and Financial Directors of a business plan, organise and direct financial information. In this industry, your salary can increase from £27,000 up to £104,000.
A third of hiring Financial Managers believe that candidates stretch the truth in interviews.
Senior Police Officer £58,700 pa (Average)
Chief constables; assistant chief constables; chief inspectors are all part of this division. On average, these professionals can earn £51,000 to £63,000 a year.
A Police Federation national survey showed 98% feel morale in the force has fallen owing to planned police budget cuts.
Air Traffic Controller £56,800 pa (Average)
Flight Planners and Ground Movement Controllers prepare flight plans, maintain radio and radar contact with aircrafts and authorise arrivals and departures of aircrafts. Earning £47,000 – £69,000 a year, doesn’t seem so bad.
To prevent on-the-job fatigue, controllers in Germany and Japan have beds at work so they can cat-nap during breaks.
Mining/Energy Manager £53,000 pa (Average)
Operation Manager and Quarry Managers. This industry is all about directing activities, supplies and resources for extraction of minerals and other natural sources. This job is rather demanding but can earn you a huge £38,000 – £68,000 a year.
Each person in the UK consumes an estimated four tonnes of quarried aggregates per annum.
Business/Financial Broker £52,000 pa (Average)
financial brokers; foreign exchange dealers; insurance brokers deal in commodities and foreign exchange on behalf of clients or their own accounts. This group can earn £23,700 – £49,500 a year.
Stockbrokers are more likely to be reckless and manipulative than diagnosed psychopaths, a study by University Gallen says.
So there we have it! Think you’ve got what it takes to land one of these positions? Why not view our recruitment help section to help you get started.