Employers investing in skills and technology - report

Employers are investing in new technology and apprentices to boost productivity, the annual In-Comm Training Barometer has found.

61 per cent of employers are still looking to take apprentices on over the next twelve months
61 per cent of employers are still looking to take apprentices on over the next twelve months - In-Comm

In total, 86 per cent of firms questioned in the report said that their spending intentions have remained unchanged, with over three quarters investing in new technology, which is an eight per cent rise on last year’s findings.

The survey of 113 bosses also reveals that 61 per cent are planning to take on an apprentice over the next twelve months, with 84 per cent taking this decision to develop future engineering skills.

Despite this, 72 per cent believe that there isn’t enough national government support for training, with 44 per cent wanting better funding for apprenticeships and 39 per cent to boost upskilling.

“The last twelve months have been dominated by global pressures outside of industry’s control, with a cocktail of difficulties, ranging from supply chain disruption and conflicts in Europe and the Middle East, to far reaching political uncertainty and high inflation,” Gareth Jones, managing director of In-Comm Training said in a statement.

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