Attention on retention as engineering skills shortage continues
The UK’s oil and gas industry supports some 440,000 jobs across the UK and with business confidence and investment in the industry growing, an estimated 20,000 more jobs will be created in the North Sea alone this year, making the skills shortage in the thriving energy sector even more pressing than ever.
According to the AGR, the number of graduate vacancies in the UK is set to increase by 10.2% in 2014, with the biggest growth sectors including energy, banking, IT and telecommunications. Government statistics show that there will be demand for around 87,000 graduate engineers each year for the next ten years in the UK, and currently we only produce 46,000 engineering graduates every year.
For our Clients, the knowledge that demand for graduate engineers in the UK far exceeds the current supply, is a major concern particularly in light of the general shortage of engineers across the industry.
This trend can be seen to cross over into WRS Tech’s other divisions particularly in the Marine and Shipping Industries.
This highlights the services we provide at WRS Tech; resourcing recruiting and retaining specialist candidates for our clients in a challenging job market.