PracticePeople In PracticeAccountancy skills shortage worsens

Accountancy skills shortage worsens

Accountancy skills shortages are the worst for any job sector in the UK, according to new research.

Skill shortages stood at 20% across the whole jobs market, while IT shortages made up 10% of the market.

According to those surveyed by Reed Accountancy Personnel, the main impacts included a drop in service standards and increasing pressures on existing staff.

Public sector accountancy shortages, however, have eased as have skills shortages in the charities sector.

‘Over the last twelve months, high levels of skills shortages across the UK and Ireland have had a negative impact on productivity as many companies have found it difficult to find the right people to resource their plans for growth,’ said director of Reed Accountancy Personnel, Richard Post.

‘Accountancy skills shortages remain consistently high and are the major recruitment issue affecting UK businesses today.’

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