Welcome!

News Feed Item

More than a Quarter of Employers Currently Have Vacancies For Which They Cannot Find Qualified Candidates, According to CareerBuilder.co.uk Survey

-Skills gap negatively impacting nearly half of businesses-

LONDON, March 27, 2014 /PRNewswire/ -- The current job market is not only frustrating for those looking for employment, but also for businesses with open positions that they can not find the talent to hire.  Half of employers say they are concerned with the growing skills gap in Britain and more than a quarter of employers (28 per cent) say they currently have open positions that they cannot find qualified candidates to fill.

Considering the fact that three in five (65 per cent) employers currently feel that the skills that workers have, are not matching the available jobs - and 23 per cent of employers have positions that stay open for 12 weeks or longer - the costs associated with the skills gap can add up quickly and have broader implications for business performance.  

Nearly half of employers say they are concerned about the negative impact the skills gap is having on their business due to extended job vacancies.  Employers also reported compromised work quality, loss of revenue and a rise in voluntary employee turnover among the consequences:     

  • Lower morale due to employees shouldering heavier workloads – 25 per cent
  • Inability to grow the business – 17 per cent
  • Loss in revenue – 12 per cent
  • Higher turnover of employees – 10 per cent

"The skills gap in Britain is an issue that is not going away anytime soon," said Scott Helmes, Managing Director of CareerBuilder UK. "There is a growing disconnect between the skills employers need and the skills that are available in the labour market today. This causes workers and companies to miss out on realizing their full potential and creates multiple negative consequences for businesses. As a result, we see more employers investing in training programs that will allow their business and employees to be more competitive not only today, but in the future." 

Big business making big efforts to close the gap
Employers are taking matters into their own hands to create the talent they need. Sixty-three per cent have hired someone who didn't meet all of their job requirements, helping that person to grow into the position.  Two in five employers plan to train workers who don't have experience in their industry or field and hire them in 2014. Thirty per cent of companies say they spend more than £50,000 a year on training, while 11 per cent spend £200,000 or more.

The majority of employers (74 per cent) somewhat or strongly agree that employers should do more to train for hard-to-find skills or offer opportunities that will contribute to a more highly skilled staff. Nearly half of employers say they provide academic reimbursement (either partial or full) to employees.

The national survey was conducted online in January 2014 and included a representative sample of 500 company managers (with responsibility for hiring staff) across industries and company sizes in Britain.

About CareerBuilder.co.uk
CareerBuilder UK is one of the most visited online job sites in the United Kingdom. Owned by Gannett Co., Inc (NYSE: GCI), Tribune Company, and The McClatchy Company (NYSE: MNI), CareerBuilder.co.uk powers the career centres for hundreds of UK sites that reach national, local, industry and niche audiences. CareerBuilder and its subsidiaries operate in the United States, Europe, South America, Canada and Asia. For more information, visit www.careerbuilder.co.uk.

Media Contact
Candi Hindocha/Karen Newton
01865 770 381
[email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at @ThingsExpo, Dr. Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, will present the findings of a series of six detailed case studies of how large corporations are implementing IoT. The session will explore how IoT has improved their economic performance, had major impacts on business models and resulted in impressive ROIs. The companies covered span manufacturing and services firms. We will also explore servicification, how manufacturing firms ...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
SYS-CON Events announced today that TMC has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo and Big Data at Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY, , and the 21st International Cloud Expo, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. Learn how we can he...
Artificial Intelligence has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Javits Center in New York, June 6-8, will find fresh new content in a new track called Cognitive Computing | Artificial Intelligence, Machine Learning, Deep Learning. Cloud Expo is still accepting submissions for this new track, so please visit www.cloudcomputingexpo.com for the latest information. 2...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of D...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's DevOps Summit at Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq specializes in creating innovative solutions to solve business processes through the use of DevOps automation. Addteq was founded on the firm belief that automation is essential for successful software releases. Addteq's products and services are centered around the fundamental approach of understanding the p...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.