Report

Workplace Training: The productivity and growth accelerator

Workplace Training: The productivity and growth accelerator

Britain faces a significant training issue, with working adults holding fewer vocational qualifications and low business investment compared to other OECD countries. The digital skills gap is critical, with tech vacancies at 13.8% of the workforce. QA's report, "Workplace Training: The Productivity and Growth Accelerator," by Public First, surveyed 515 financial decision-makers and highlighted barriers in training investment. Key findings: 26% of businesses did not offer formal training in the past year, despite 83% acknowledging its positive impact; most apprenticeship levy-paying businesses spend less than 50% of their pot. Recommendations include enhancing training culture, reforming apprenticeship processes, and adjusting financial practices to promote training investment.

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