30.04.2019

UK companies using levy funds confident of talent pipeline ahead of Brexit skills gap

Newly Released UK L&D Report Demonstrates the Increasing Value of Investing in Apprentices

The 2019 U.K. L&D report released by findcourses.co.uk, provides a guidepost for organisations looking to thrive despite the possible skills challenges presented by Brexit.

The survey of L&D professionals working in the U.K. revealed that 60 per cent of companies already using their apprenticeship levy funds are very confident that they have a sustainable talent pipeline. However, only 15 per cent of U.K. companies surveyed said they were confident in their ability to secure new talent as Brexit looms and the U.K.’s population ages.

In light of the U.K.’s uncertain Brexit outcome, companies looking to preempt obstacles can look to market leaders to find the most lucrative models of success. The report shows that 90 per cent of leaders are actively using levy funds to train apprentices and that all viewed apprenticeships as an important or very important part of their L&D strategy.

Organisations utilising apprenticeships have found that alongside increasing the engagement of staff, knowledge sharing between new recruits and those approaching retirement age has been promoted. Despite the benefits of apprenticeship programs highlighted in the report (such as retaining crucial knowledge within a business as a portion of the workforce retires), organisations in the U.K. have a largely overlooked opportunity to capitalise upon a talent pipeline that will give them a competitive advantage both now and in the future.

For more ideas on how to take on the challenges of 2019, read the full report here: https://www.findcourses.co.uk/inspiration/hr-learning-development-articles/download-uk-ld-fullreport-19-15099

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