How to Address the Skilled Labour Shortage
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The demand for skilled workers is on the rise, and it’s not just due to growth or replacement. Why? Several factors are contributing to this trend:
The skilled labour shortage is caused by a few factors as shown above. From older workers retiring faster than young people are entering the workforce, to a worldwide pandemic. In addition to the lack of interest in manufacturing careers, there is a lack of investment in STEM curriculum. And finally, manufacturers require greater skills because they are adopting advanced technologies that require employees to be highly trained and specialized.
When we asked what you thought the main causes of the labour shortage were, 53% of our followers felt the main cause of the shortage was due to the lack of interest in manufacturing careers. The next highest cause was believed to be due to a lack of available training.
If you’re a business owner in manufacturing, you need to be aware of the challenges caused by the labour shortage. When asked about the labour shortage, our Marketing Manager Curtis said, “There is a high chance of losing valuable skills – look at traditional tin liners – there are only 3 in the UK that offer that service anymore.” A lack of skilled workers can impact productivity, quality, and customer service. Your company may be unable to meet its customers’ demands or it could find itself with a surplus of goods that no one wants. With a rise in product demand, either domestic production or imports must increase to satisfy demand. This can be detrimental as we’ve seen the effects of Russian oil and gas impacting the global economy.
Hiring and training new employees can be expensive, especially if choosing to go through a recruitment agency rather than posting a position yourself. In December 1 in 3 UK employers said that recruiting new staff would pose a significant challenge. Although when we asked for your opinions, just over half of respondents stated they didn’t have to change their hiring methods.
The following solutions for the labour shortage are being implemented by manufacturing companies:
The challenge of finding and retaining skilled workers is real. If you’re like most manufacturers, you may have experienced it first-hand. But there are things you can do to address these challenges.
It’s not enough to just wait for applicants to come through your door with the skills you need. You need to be proactive in seeking out qualified candidates and outlining what makes your company a great place to work. Think about what your organization has going for it; it’s history, location and reputation; the benefits offered; opportunities for advancement; professional development opportunities – and highlight them all in job postings, interviews and during tours of the facility so that potential employees understand how attractive this position is compared with other opportunities available in the market.
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