Skills remain a key priority for manufacturers, with this year’s report revealing that training budgets have not been hit by rising inflation.
86% of firms questioned in the annual In-Comm Training Barometer said that their spending intentions have remained unchanged, with more than three quarters investing in new technology to boost productivity – an 8% rise on last year’s findings.
The survey, which features the views of 113 bosses, also reveals that 61% are planning to take on an apprentice over the next twelve months, with 84% taking this decision to develop future engineering skills.
There has been plenty of debate about a disjointed national training picture that isn’t aligned for industrial needs, and this is clear from the report.
Watch Gareth and Paul discuss the key findings and what it means for industry below, with the 4 key findings including:
• Inflation impacting
• Government support
• Engagement in AI and Industry 4.0
Download the Training Barometer 2024 here
Training Barometer 2024
Send download link to:
