Wake Up Call: Sleepwalking into a Skills Deficit Disaster
<p>In an age of rapid digital transformation, the need for skilled workers has never been greater. <strong>As countless UK organisations grapple with a growing shortage of qualified employees, a disastrous skills deficit looms on the horizon.</strong> Not only threatening the survival of private businesses, the skills gap underscores a pressing social responsibility to invest in the future of our workforce at a time when it is most needed.</p>
<p>At Code Division, we’re committed to tackling this impending crisis sustainably, while building solutions that benefit both communities and industry.</p>
<h1><strong>The Growing Dilemma:</strong></h1>
<p>Across sectors, industry is experiencing the repercussions of a lack of skilled talent. <strong>Despite the warning signs, many organisations have failed to recognise the importance of investing in learning and development pipelines.</strong></p>
<p>In 2022 the Federation of Small Businesses found that 80% of small firms faced difficulties recruiting applicants with suitable skills in the previous 12 months, while the Open University 2020 Business Barometer found that <strong>skills gaps are costing companies a record £6.6bn a year due to inflated salaries, temporary staffing, recruitment fees and training.</strong></p>
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