The Association of Accounting Technicians (AAT) is calling on businesses to shatter the ‘skills ceiling’ by extending training to all employees, instead of prioritising training for workers who are already in highly paid jobs.
It warns that lack of access to training has created a ‘skills ceiling’ that is costing lower paid employees as much as £12,000 a year and depriving businesses of untapped talent within their own organisations. According to the Social Mobility Commission’s 2019 Adult Skills Report, the UK spends two thirds of the European average on adult training, with most opportunities prioritised for workers in highly paid or highly skilled roles.
The Centre for Social Justice report,:
“THE FUTURE OF WORK: A VISION FOR THE NATIONAL RETRAINING SCHEME Part III”
Building a workforce for the future, reveals that employer investment in skills has dropped by 25% in the past decade. Today, just one in 10 workers is studying for a nationally recognised qualification.