UK companies hiring more graduates in 2015
Almost a third of companies expect to hire more graduates next year, according to the latest CBI/Accenture Employment Trends Survey 22/12/2014
Half of the businesses questioned will also be expanding in 2015. However, a potential skills gap could prevent some of these new jobs being filled.
Significant findings include:
- +30% of companies expect to hire a larger number of graduates in 2015;
- opportunities for apprentices will also increase, with +33% of firms looking to boost recruitment in this area;
- 50% of firms expect their workforce to grow in the next year;
- job growth is forecast in every region of the UK, with Scotland leading the way;
- 43% of firms are planning to increase pay in 2015 in line with the Retail Price Index (RPI).
'Businesses are planning to create jobs in every region of the UK next year as the recovery continues, and more and more of those jobs will be permanent,' says Katja Hall, CBI deputy director-general. 'The outlook for young people is also brighter as firms look to boost their graduate intake and expand apprenticeships.'
The survey also highlights the importance of investing in digital literacy. Graduates with digital talent will be pleased to know that 92% of respondents recognise and require these skills in 2015.
A forecasted skills gap is the main negative, with 63% of businesses citing this as the biggest threat to UK competitiveness in 2015.
'Companies and the government need to work together to develop skills within the workforce and help employees move into higher skilled and better paid jobs,' adds Katja.
The survey was conducted between August and October 2014 and covers 323 businesses employing a combined total of more than 1.25 million people.