{"id":16311,"date":"2018-02-07T00:00:00","date_gmt":"2018-02-07T06:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/uk-businesses-finding-harder-recruit-skilled-professionals\/"},"modified":"2018-02-07T00:00:00","modified_gmt":"2018-02-07T06:00:00","slug":"uk-businesses-finding-harder-recruit-skilled-professionals","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/uk-businesses-finding-harder-recruit-skilled-professionals\/","title":{"rendered":"UK Businesses are Finding It Harder to Recruit Skilled Professionals"},"content":{"rendered":"<p> <!-- .post-meta --><\/p>\n<p><span style=\"font-weight: 400\">The economy-dampening effects Brexit and the looming prospect of EU citizens abandoning the country <\/span><i><span style=\"font-weight: 400\">en masse<\/span><\/i><span style=\"font-weight: 400\"> appear to be becoming more real. Since the vote in May 2016, the UK economy has actually risen greatly, fueled by an export-led boom in industrial sales orders brought about by the drop in the value of the pound. This has led to it reaching 4.3% unemployment, the lowest it has been for 42 years. However, this increase in employment, combined with a 25% drop in net migration into the country, has left many UK businesses, especially in sectors such as finance, engineering and healthcare, facing big shortages in the availability of skilled professionals.<\/span><\/p>\n<p><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2018\/01\/recruit-skilled-professionals.jpg\" alt height=\"400\"><\/p>\n<p><b>Skilled Professionals are Hard to Replace <\/b><\/p>\n<p><span style=\"font-weight: 400\">EU nationals, who were previously guaranteed a right to work in Britain, have been deterred from coming to Britain recently due to uncertainty about their future status in a non-EU Britain. Recruitment in the UK is also being made difficult by the fact <\/span><a href=\"http:\/\/www.independent.co.uk\/news\/business\/news\/brexit-half-of-skilled-eu-workers-in-uk-to-leave-healthcare-brain-drain-a7790341.html\"><span style=\"font-weight: 400\">that 56% of EU citizens<\/span><\/a><span style=\"font-weight: 400\">, working for its 250 biggest listed companies, intend to leave Britain before Brexit talks conclude. Some sectors are particularly vulnerable, such as healthcare, where a massive 84% of employees say they will leave. It is these skilled professionals which will prove the hardest to replace and the skills gap threatens to derail Britain&#x2019;s current strong economic performance. <\/span><\/p>\n<p><span style=\"font-weight: 400\">With 3.6 million EU citizens living in Britain and many industries reporting ever-increasing numbers of job postings, the situation is unlikely to get better. <\/span><a href=\"http:\/\/www.independent.co.uk\/news\/business\/news\/brexit-latest-news-us-business-recruit-professional-staff-net-migration-harder-eu-workers-a7960746.html\"><span style=\"font-weight: 400\">There were 12.6% more vacancies<\/span><\/a><span style=\"font-weight: 400\"> advertised in the banking ad finance sector for example over the past 12 months than the previous 12, which has meant that firms have been left with little option but to increase their employees&#x2019; salaries, with banking and finance doing so by nearly 5% over the course of the year.<\/span><\/p>\n<p><b>Good News for British Citizens? <\/b><\/p>\n<p><span style=\"font-weight: 400\">This is of course great news for British citizens or those who are able to secure a visa to work there. However, the gains will be short lived if a solution to the crisis in recruitment in the UK isn&#x2019;t solved. Not only will it <\/span><a href=\"http:\/\/www.clarizen.com\/product\"><span style=\"font-weight: 400\">lead to project delays<\/span><\/a><span style=\"font-weight: 400\"> and increased costs, but salaries rising over the rate of GDP growth will lead to the UK becoming a <\/span><a href=\"http:\/\/www.clarizen.com\/outsourcing-makes-sense\/\"><span style=\"font-weight: 400\">very expensive place for firms to be based<\/span><\/a><span style=\"font-weight: 400\">, especially if they are going to be outside the EU&#x2019;s single market free trade area. <\/span><\/p>\n<div id=\"content-cta\">\n<div id=\"content-cta-text\">Increase your business agility with Planview AdaptiveWork&#x2019;s project management software<\/div>\n<div id=\"content-cta-button\"><a href=\"https:\/\/www.clarizen.com\/resource\/product-tour\/\">Take a Product Tour<\/a><\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">The reasons for so many EU citizens looking to exit Britain is not only due to the uncertainty surrounding their future employment status in the country. In a survey for Baker McKenzie, 70% of EU nationals said they had felt an increase in discrimination since the Brexit vote, showing that the referendum has had, and will have, more far-reaching implications for British society beyond the economic and employment spheres. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The final terms of its exit agreement have not been set yet however and the talks have not got beyond Stage 1, which was to set the terms for the future discussions. As such it is looking increasingly unlikely that everything will be decided before the 2019 deadline, leading to more confusion. For the EU citizen skilled professionals in the UK, despite the greater wages that are now on offer, it is the uncertainty about all of these things that will discourage them from seeking to build a life in Britain.<\/span><\/p>\n<p><\/p>\n<div class=\"client-logo\"> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Siemens Energy\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png\" alt=\"Siemens Energy\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"IIROC Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/07\/IIROC_logo-200x100.gif\" alt=\"IIROC Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Financial Services Institution\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/04\/FINANCIAL-SERVICES-IMG-200x100.jpg\" alt=\"Financial Services Institution\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"M Squared\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/03\/m-squared-logo-200x100.jpg\" alt=\"M Squared\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Aliancys Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/12\/aoc_aliancys-logo-800x400-200x100.jpg\" alt=\"Aliancys Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Bonfiglioli Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/bonfiglioli_logo-800x400-200x100.jpg\" alt=\"Bonfiglioli Success\"><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The economy-dampening effects Brexit and the looming prospect of EU citizens abandoning the country en masse appear to be becoming more real. Since the vote in May 2016, the UK economy has actually risen greatly, fueled by an export-led boom in industrial sales orders brought about by the drop in the value of the pound&#8230;.<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[477],"tags":[],"class_list":["post-16311","post","type-post","status-publish","format-standard","hentry","category-vision-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UK Businesses are Finding It Harder to Recruit Skilled Professionals<\/title>\n<meta name=\"description\" content=\"LinkedIn0Share0Tweet0Pin0Email0 The economy-dampening effects Brexit and the looming prospect of EU citizens abandoning the country en masse appear to be becoming more real. 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