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Brexit could lead to talent shortages in the professional sector

Posted on from Changeboard

Analysis of Linkedin profiles has revealed that 40% of professional migrant workers in the UK come from EU states. Will businesses be able to cope with this talent gap?

Leaving the EU and implementing stricter migration quotas could lead to a talent shortage in professional roles in UK business.

By analysing profiles on their website, Linkedin has said that a large pool of international talent will be lost.

The site’s data revealed that the other 27 states of the EU account for 40% of the country’s professional migration since January 2013. This figure dwarves other regions such as North America (17%) and Asia (14%).

Josh Graff, UK country manager at LinkedIn said: “There has always been a lot of debate about the impact of Brexit on blue-collar workers, but British businesses also face a very real white-collar skills gap that they need to start thinking about.

“Our findings are clear: UK companies need to prepare themselves for a more difficult talent market, and may want to start looking at how they can develop more talent at home, or cast the net further.”

The research also revealed that 61% of EU professional migrants held a masters degree – almost double the 34% of the UK’s professionals. 

The professional services sector is the industry found to be most at risk, as EU workers were 50% more likely to be working in the sector than the general UK population.

Graff added: “If businesses are depending on talent from overseas to be competitive it is time for them to let the government know, so they can negotiate a settlement that can support Britain’s success. In turn we’re calling on government to ensure that maintain access to talent is one of the key priorities when negotiations begin.”

 

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