SMEs facing recruitment struggles

    Simpson Wood
    24th October 2022
    Home » Categories » Business » SMEs facing recruitment struggles

    Eight in ten small businesses are finding it difficult to recruit staff, according to a report published by the Federation of Small Businesses (FSB).

    The FSB’s ‘Scaling up Skills’ report found that over 80% of small firms are flagging a lack of relevant qualifications, skills and experience among candidates as a problem, while 60% say a lack of applicants is also an issue.

    More positively, five in six small employers provided training for themselves and/or their staff in the previous 12 months, with seven days of training and development per staff member on average.

    Though critical to future sustainable growth, only a quarter of small employers say they have undertaken leadership and management training over the same period.

    FSB Policy Chair, Tina McKenzie, said:

    ‘Our members tell us their growth potential is being held back by a lack of appropriately skilled staff, with vital roles going unfilled, ultimately harming the economy.

    ‘This skills and training deficit is a perennial issue, but far from an insoluble one. Our report sets out a roadmap for change on every level, from schools to apprenticeships to workplaces.’

    Internet link: FSB website

    Need Some Advice?

    Looking for some help or a little advice?

    Call today on 01484 534431 or fill in our enquiry form below, and we’ll call you back.

    Sustainability for businesses

    Last Tuesday afternoon I found myself in deepest darkest Marsden, Dark Woods Coffee to be precise where I attended a session on sustainability. It is a topic that I am…

    National Minimum Wage Update

    When it comes to paying the National Minimum Wage (NMW), mistakes are easy to make, and employers may not be aware if something has gone wrong. Common issues like unpaid…

    Latest guidance for employers

    HMRC has published the latest issue of the Employer Bulletin. The March issue has information on various topics, including: PAYE Settlement Agreement paymentreporting expenses and benefits for the tax year…

    UK borrowing reduces Chancellor’s wiggle room

    Higher than expected government borrowing has reduced the Chancellor’s ‘wiggle room’ at a pre-election Budget. Government borrowing – the difference between spending and tax income – was £120.7 billion in the year…