Avoid the skills gap trap
London recruiters are taking their search for high calibre graduates overseas due to a skills shortage in the UK, according to new research.
Almost 60% of firms in the capital are already plugging the skills gap by recruiting abroad, and 83% of those say they are looking for degree-level candidates.
This trend may be set to grow: two out of every three companies surveyed said that they expect a skills shortage over the next six months.
These results come from the London Business Survey carried out by the Confederation of British Industry and KPMG.
The most in-demand skills are team working, communication and a positive attitude. A third of bosses also said that there is a shortage of managerial skills.
Ian Barlow, London senior partner at KPMG, said: ‘Young people must leave education with the skills that businesses need, not just paper qualifications.’
‘This survey clearly demonstrates how much employers value basic and employability skills in preference to just qualifications.’
But it’s not all doom and gloom: demand for graduates of all nationalities is set to grow, with 68% of those surveyed expecting an increased need for higher-level candidates.
HELP IS AT HAND!
Find out how Real World magazine can help you develop the skills to get that top graduate job:
- Watch videos of our graduate panel giving insider tips on the skills needed in their jobs: click here
- Read the expert advice available in the magazine and on the site – including this article on how to show employers that you have the X Factor: click here
- Check out the hundreds of case studies of grads who were once in your position but are now flying high: click here
- And don’t forget the Real World Awards 2008 – the awards that celebrate and reward students’ achievements outside their academic work: www.realworldawards.com