Firms ‘should engage with untapped talent’
COMPANIES should do more to employ marginalised young adults if they want to arrest the looming labour shortage, a new coalition of major businesses will say today.
Fears that an exodus of foreign workers will hit the construction, agriculture and retail industries could be dealt with by targeting the nearly 500,000 people aged 16-24 not currently in education, employment or training, the group says.
A new guide launched by the coalition, which includes companies such as Marks & Spencer, BAE Systems and Berkeley Group, aims to encourage companies to bring people into full-time work through specialist schemes and apprenticeships. The guide outlines how employers can target people who might face barriers to work.
Of the half a million young adults not in work, 40pc live in a household where no one is in work, the report found.
Rob Perrins, CEO of the Berkeley Group and chairman of the Berkeley Foundation, the housebuilder’s charitable arm, said: “People ask us, why recruit someone who might not be an easy fit?
“The answer is, these young adults bring a whole new dimension to our business and we need different kinds of talent, not just more of the same.”
Peter Cheese, CEO of the Chartered Institute of Personnel Development, said traditional talent pools had been “over-fished”.