Specialist technology firm says Budget didn’t deliver on skills shortages

According to specialist technology firm, Beaming, in order for technology companies to grow, there needs to be more significant investment into specialist recruitment in this country if we are to avoid a skills gap. However, it would appear that there was not a lot in this year’s Budget for businesses looking to invest in the right talent.

Limited availability of key skills is seen as a threat to growth prospects by 70 per cent of chief executives and technology is named as being the most challenging. Even though more than half of business leaders are looking to increase their headcount over the next year, the number of executives seeing skills shortages as a threat has risen from a previous high of 59 per cent last year.

Sonia Blizzard, who is MD at Beaming, said: ‘Recent reports have shown that concerns about hiring employees with the right combination of skills are still very much alive. 78 per cent of executives are looking for a broader range of skills when hiring than they did in the past and only 5 per cent are confident that they can secure exactly the right skill set that’s needed.

‘With these figures in mind, I am very surprised that there is not more to come from the Government in terms of offering more resources towards the skills shortages. After all, technology is developing all the time and it is something that businesses and individuals rely upon daily. It is up to the Government to invest in these technology companies to keep them alive and with that comes investment in skills development.’

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