Small-to-medium-sized, SMEs

CIMA United Kingdom England

07.08.2025 - 18:09:02

Small-to-medium-sized businesses face strong headwinds in addressing skills gaps and evolving employee needs, finds CIMA's latest Mind the Skills Gap Report

Three-quarters of 18–34-year-olds (76%) believe a lack of skills training is holding back their progression in their careers.Two-thirds (67%) of employees said they received no formal skills training (beyond mandatory training) in the last 12 months from their employer, despite 82% of SME employees wanting to upskill.79% of employers have identified skills gaps in their organisation in the past 12 months.Anticipated government changes to reduce Level 7 Apprenticeship Funding will put additional pressure on businesses to develop and upskill their workforces.View original content:https://www.prnewswire.co.uk/news-releases/small-to-medium-sized-businesses-smes-face-strong-headwinds-in-addressing-skills-gaps-and-evolving-employee-needs-finds-cimas-latest-mind-the-skills-gap-report-302369198.html

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