Half of UK workers are mismatched with their current job role

(2 minutes to read)

Many of the UK’s workforce are mismatched when it comes to their current job role – being either under or over skilled.

Latest research into UK worker’s skills has shown the need to improve people management and development opportunities in order to boost both engagement and productivity.

Findings from the CIPD’s ‘Over-skilled and underused: Investigating the untapped potential of UK skills’ report revealed that 49% of workers are in jobs that they are either under or over skilled for.

Surveying 3,700 UK employees, the data found that more than a third (37%) of workers have the skills to cope with more demanding duties than they currently have. At the opposite end of the scale, one in ten (12%) employees said they lacked all the skills needed to carry out their job effectively.

According to the CIPD, the UK has one of the most skilled workforces in the world, with 42% of workers qualified to degree level, yet it also has the highest proportion of jobs within the OECD which require no qualifications at all.

Interestingly, it also found that being over-skilled can have a number of negative consequences on employees.

For example, just 22% of workers who say they are over-skilled have been promoted to a higher position in their current organisation compared with almost a third (31%) of workers in well-matched roles.

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Furthermore, more than a quarter of over-skilled workers earn less than £20,000 a year compared with just 15% of those whose say their skills are well matched to their jobs.

As a result of these findings, the CIPD is calling for organisations to improve how they manage and develop their people and for the government to work with employers, unions, and local areas to provide bespoke, practical support to enable smaller firms in particular to improve their people management practices.

Lizzie Crowley, Skills Adviser at the CIPD, said, “How skills are used, or not used, in the workplace has important economic and social implications, and is a key factor in tackling the UK’s productivity crisis.

“Individuals who report using their skills fully in the workplace have higher levels of job satisfaction, earn more and are more resilient to change, while businesses benefit from a more productive workforce and increased profitability. However, we have ended up in a situation where our economy isn’t creating nearly enough high-skilled jobs, while the proportion of low-skilled roles remains stubbornly high. This leaves many workers trapped in low skill work, which doesn’t match their ability, offers poorer pay and progression prospects and does little to boost the productivity of organisations.”

To find out more about contracting please contact Sophie on 01442 795 100 or email sophie.lewis@dolanaccountancy.com

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, ContractorUmbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of ContractorUmbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, ContractorUmbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use CashPlus free of charge for the first year, saving you £69.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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