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As many as 47% of UK employers say that they have vacancies that are hard-to-fill, with 27% expecting this figure to increase over the next six months.

Surveying more than 1,000 employers across all sectors of the economy, the latest quarterly CIPD Labour Market Outlook found that the hard-to-fill vacancies are mostly seen in construction, healthcare and public administrations and defence.

Nearly three quarters (71%) of employers surveyed are planning to recruit in the three months to December 2021, with intentions at their highest since the start of the pandemic.

However, with many employers anticipating increased recruitment difficulties, they have adopted a variety of tactics in a bid to combat this:

  • 47% have raised wages over the past six months to help offset hard-to-fill vacancies.
  • 44% plan to upskill existing staff
  • 27% will look to hire more apprentices
  • 20% will improve job quality

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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Gerwyn Davies, senior labour market adviser for the CIPD, commented, “Employers have a challenging few months ahead with many anticipating increased recruitment difficulties. On the upside, it’s positive to see that some employers are getting better at sourcing labour by taking steps to improve how they recruit, retain and train staff. However, there’s a relatively long tail of employers who could be doing more to attract and make full use of available workers.

“More business support is required from government to help employers increase their capability to invest in skills and create better quality and more productive jobs. This is essential if the UK economy has any hope of transitioning to a high-skill, high wage economy.

“The research findings strengthen the case for extending the existing Youth Mobility Scheme. This would prove a timely, cheap and effective ‘safety valve’ to help ease immediate labour shortages. Meanwhile, reforming the Apprenticeship Levy into a broader, more flexible training levy would give employers the opportunity to use a wider range of qualifications that are more relevant for hard-to-fill roles. Key examples of this include NVQs for support workers and HGV driver training and licences.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £125 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

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 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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 Contractor Umbrella – With IR35 Legislation changes 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, Contractor Umbrella
  • 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 – 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 Tide free of charge for the first year
  • 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
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