The government, industry leaders and engineering enthusiasts alike have all begun to look at solutions to a staffing problem. This is despite the fact that the average salary in the UK tech sector hovers around £62,500, which is far higher than the national average. The scale of the STEM skills gap So just how problematic is the STEM skills gap at present — and how much worse could it become in the future if not remedied? This put it below the EU average for several indices. A majority of respondents agreed that there was a gender and diversity gap in the study of STEM subjects, and 95 per cent identified that the STEM skills gap could be reduced through greater collaboration between academia, the government and industry. UK's Science and Technology Committee recently published a report stating that the digital skills gap is costing the UK economy £63 billion a year in lost GDP. It refers to a widening divide between the skills workers possess and the skills businesses require. GCHQ is introducing a number of innovative schemes to help bridge this gap and ensure the organisation’s own future need for skilled staff is met. The demand for employees with skills in STEM subjects – Science, Technology, Engineering and Mathematics, including Computing – has been outstripping supply in the UK for decades. But more still needs to be done to close the STEM skills gap. The scale of the STEM skills gap. According to the Cybersecurity Skills and the UK’s Critical National Infrastructure (CNI) report from the Parliament’s Joint Committee on National Security Strategy the gap between demand and supply of such skills is a ‘”cause of alarm” for the Government. STEM companies have roles to fill — so could apprenticeships be the answer? GCHQ is introducing a number of innovative schemes to help bridge this gap and ensure the organisation’s own future need for skilled staff is met. It has been estimated by STEM Learning, one of the largest providers of education and career support in the UK that business leaders have reported a major shortage of staff with STEM skills. In the UK alone, there are around 173,000 unfilled jobs in the science, technology, engineering and maths (STEM) sector, as 89% of STEM businesses struggle to recruit. STEM Learning, which provides STEM education and career support in the U.K., estimates the shortfall costs businesses $1.76 billion per year in recruitment, temporary staffing, inflated salaries and additional training costs. According to the UK Commission for Employment & Skills, 43pc of science, technology, engineering and maths (STEM) vacancies are hard to fill. But what is causing this gap? Education & parenting Lifestyle. ... set up to provide Stem education and careers support, the UK industry is spending £1 ... start to trust your skills. Each month, an average of 23,000 apprenticeship opportunities are listed on the government’s Find an Apprenticeship site, while organisations — such as WISE, which campaigns for gender balance in science, technology and engineering — are continually driving initiatives to help grow the number of apprentices in these sectors. Is it likely to get worse in time if it’s not resolved? All Rights Reserved. … Engineering fields see the focus falling on perceived shortages of workers skilled in STEM subjects. It was found that with the exception of the ‘Arts & Entertainment’ industry where the number of enrollments far outweigh the number of jobs available in the UK, every other sector including the ‘Professional & Scientific Technology’ and ‘Information & Communication” has more jobs on offer than the number of student enrollments. But the UK’s infamous STEM skills gap has prompted many initiatives, government and otherwise, to boost the local talent pool and making science cool. August 24, 2019 It will take more than an increase in STEM study to close the UK skills gap. The report pointed out that frequently credentials are "misaligned with employer needs," contributing to a lack of job candidates possessing the appropriate credentials. A key action point for businesses hoping to close the STEM gap is to encourage more diversity. The UK STEM Education Landscape May 2016 . The government had originally aimed to achieve three million apprenticeship starts by 2020 and, while this target may have been dropped, has this plan helped to introduce new programmes like these in all sectors, including engineering? Engineering fields see the focus falling on perceived shortages of workers skilled in STEM subjects. The UK is no exception. Disclaimer: SmallBusinessPrices.co.uk is a general business information website. UK skills gap in STEM subjects. Earlier this month the government also outlined plans to boost spending on education for 16–19-year-olds by £155m, with £55m ringfenced for “high value” subjects including STEM. Given the Open University reports that the skills gap is already costing UK companies £6.3bn a year, it will benefit the business community to work with schools and non-profits to find ways to teach young people STEM skills. Read more about The Programme. For years, not enough young people have chosen science . New YouGov research among businesses and academics shows the majority think there is a skills gap among science, technology, engineering and maths (STEM) graduates in Britain. Can apprenticeships address the UK’s STEM skills gap. And yet, our STEM Skills Indicator research shows that 73% of businesses have found it more difficult to hire staff in the last 12 months. How STEM Skills Gap is Costing UK £1.5 Billion a year? Can I get a job with a business communication degree? How schools and businesses are addressing the Stem diversity gap. How schools and businesses are addressing the Stem diversity gap. Hopefully, positive initiatives like the IET’s will help encourage participation in STEM apprentices and ease the pressure on these sectors’ skills gap before it’s too late. Recent research by STEM Learning found that 89% of STEM businesses struggle to recruit, with a current shortfall of 173,000 skilled workers costing UK businesses an estimated £1.5bn a year in recruitment. Five key findings and six recommendations are highlighted in the inquiry report on Equity in STEM education, released by the APPG on Diversity and Inclusion in STEM today - the group for which the BSA acts as Secretariat. Plugging the skills gap is going to be a long process, but there is hope. But could improving and developing STEM apprenticeships be the solution? A response by the Royal Academy of Engineering states that over half of engineering companies commented that they’ve had problems recruiting the experienced engineers they need. Employers wishing to attract quality applicants in sufficient numbers to meet their skills requirements have to look beyond their traditional sources.”. Advertisement. Alongside high voltage coil manufacturer, Houghton International, we’ll explore the statistics behind this nationwide problem and look at how employers, organisations and the government can boost STEM apprenticeship enrolments and reduce the pressure on these industries’ workforces. Skills shortage costing STEM sector £1.5bn A career in STEM is vast, varied and exciting. Royal Academy of Engineering Response to the Closing the STEM skills gap inquiry launched by the Science and Technology Committee. Earlier this month the government also outlined plans to boost spending on education for 16–19-year-olds by £155m, with £55m ringfenced for “high value” subjects including STEM. Exide To Sponsor Intact GP Racing Team for 2020 Moto2 Season, New InsureTech solution launched to ward off legal threat from digital accessibility non-compliance. Rolls-Royce, a world-renowned technology organisation, is committed to inspiring the next generation of innovators and subsequently plugging the UK’s STEM skills gap. The Programme. into STEM clusters in order to make any analysis of them easily comprehensible. A lack of workers with the correct STEM skills is reportedly costing the UK economy around £1.5 billion per annum. This programme aims at improving the gender balance in STEM skill-bank across the country. Already, the Institution of Engineering and Technology (IET) offers around £1 million in prizes, scholarships and awards — including the Apprentice of the Year Award — to recognise successful people in its industry, which acts as a great incentive for young workers to enter the sector. This report assesses high level STEM occupations according to labour market need in order to inform the development of work-based skills solutions, including higher apprenticeships. That’s why in 2014, Rolls-Royce set an ambitious global target to reach six million people through STEM … While this number is anticipated to slightly drop this year, apprenticeships offer workers the chance for on-the-job training. Various experts point to a gender imbalance as a contributing factor to the lack of STEM skills in the marketplace. With a skills shortage already evident, businesses have another worry to consider — Brexit. But perhaps due to their focus on offering hands-on and practical learning processes, apprenticeship programmes are ideally suited to STEM — science, technology, engineering, and maths — sectors. • Women make up just 14 per cent of individuals working in STEM occupations in the UK, but as many as 70 per cent of women with STEM qualifications are Since 2010, over four million people have started an apprenticeship, with 814,800 participating in 2017/18. Employers. Enabling highly qualified and experienced candidates to re-start their career. Michelle Fitzgerald, director, Demand Gen & Events at Plutora, believes that “the best way to advance the industries that rely on STEM knowledge in the future is to encourage children – both boys and girls – now to take an interest in science, technology, engineering, and mathematics at a young age. We worked in partnership with University College London, King’s College London and the Science Museum Group on a major collaborative research and development programme for science education. I would like to receive email communications about future reports. But are STEM employers simply not focusing on demographics that could significantly reduce their skills gaps? It refers to a widening divide between the skills workers possess and the skills businesses require. This is incredibly encouraging considering that across the UK as a whole, uptake of these subjects is on the decline. https://www.gov.uk/government/publications/key-facts-about-apprenticeships/key-facts-about-apprenticeships, https://www.ft.com/content/ec290214-af59-11e7-aab9-abaa44b1e130, https://www.raeng.org.uk/publications/responses/closing-the-stem-skills-gap, https://www.nao.org.uk/wp-content/uploads/2018/01/Delivering-STEM-Science-technology-engineering-and-mathematics-skills-for-the-economy.pdf, https://www.gov.uk/government/publications/apprenticeship-levy-how-it-will-work/apprenticeship-levy-how-it-will-work, https://www.fenews.co.uk/featured-article/17056-making-the-apprenticeship-levy-work-harder-for-everyone, http://www.wired.co.uk/article/stem-skills-and-space-industry, https://www.wisecampaign.org.uk/resources/20https://www.wes.org.uk/content/wesstatisticsz18/03/women-on-stem-apprenticeships-201617, https://www.wes.org.uk/content/wesstatistics, https://researchbriefings.files.parliament.uk/documents/SN06113/SN06113.pdf, https://www.personneltoday.com/hr/government-appears-to-drop-3-million-apprenticeships-target/. Skill Based Hiring: The New Norm for the Future, Remote workers’ salary: should the pay be based on their location, Developing an effective talent pipeline strategy for the post-pandemic world, Government Response & Initiatives To Manage Pandemic Impact – UK. © 2018 Avance Consulting. Days like these are important in reminding the UK business sector that the UK’s STEM skills gap can be addressed at school level. In Growth Through People, the UK Commission for Employment and Skills called for a greater range of options combining work and study to deliver the higher level technical education needed to meet the UK’s skills needs. While a spate of steps have been taken by the Government in the past 2-3 years, a lot more has to be done. The number of vacancies in the ‘Professional & Scientific Technology’ domain exceeds the number of enrollments by 69.5%. A unique way to solve the STEM skills gap. “Addressing the current inequity in Stem education now will pay dividends, as the next generation go on to plug the current Stem skills gap, ensuring the UK continues to … UK Cyber Security Sector – What to Expect in 2019? It attempted to assess the gap between the extant number of jobs within specific industry clusters and the number of student enrollments in courses. Their research identified a total of Deemed to be a national crisis by some industry experts and costing the UK economy £1.5 billion a year according to a report published in the Institution of Mechanical Engineers, the shortages of workers in STEM sectors are a significant point of concern. “DWIGHT SCHAR, PLEASE READ THIS LETTER”, ASKS ANNA JURAVIN, $1.1bn Electric motorcycle giant set to charge UK market, Code your own Christmas cards this year with the world’s first Hackable Cards, Metsi expands into the Benelux-market with the launch of Metsi Technologies BV. Science capital and the STEM skills gap BP is committed to closing the STEM skills gap in the UK, and invests both in direct action and in building capacity in STEM education across the UK. Addressing the STEM skills-gap challenge The UK faces a chronic shortage of talented graduates in areas of science, technology, engineering and maths Solution-seekers: STEM graduates at … In 2018, only 12.37% of the UK’s engineering work force were female. The school curriculum must be kept relevant for students’ STEM skills needs as they enter a continually evolving workplace. Your email address will not be published. October 11, 2013, 8:20 AM UTC . STEM Learning, which provides career support and training, surveyed 400 HR directors and decision makers in relevant businesses, and found that there are major shortages of staff with STEM skills. 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