The Open University’s Business Barometer found that 69% of employers are currently experiencing skills shortages, and this number has increased from the previous years 60%. There’s a strong belief at the Open University that employers investing in the training and development of their current staff is a viable solution to closing the skills gap.
By investing in their workforce, employers could see an increase in staff retention, whilst also making themselves more attractive to new talent. Investing in current staff steers employers away from hiring temporary staff, a process that can be long and expensive. The Open University presents employers with the option to upskill their staff whilst also keeping them in the workplace.