Count Steer wrote: ↑Thu Oct 07, 2021 12:58 pm
I was more surprised that some companies that don't have EU workers planned to reduce training and development budgets which is pretty disappointing.
The whole thing is worth a read.
http://www.cipd.co.uk/knowledge/brexit- ... ce-trends
It's not like the CIPD are grinding political axes.
It's on the list of things to get canned in difficult economic times, corporate and internal entertainment, L&D, welfare (perks, corporate memberships, etc), shared services, overheads, etc.
Obviously depends on the industry and their strategy, but if you can cut your L&D budget and employ people ready-made to make an easy bottom line saving then many will, especially PLCs that need to manage their share price and dividend. Once the cuts have been made it's rare for a board to vote to put those costs back in - the boards are finance people, they're rarely engineers or operators.
It's a vicious circle, cut L&D and try to buy in off-the-shelf people, then looks to cut costs more, so get even cheaper people and increase L&D to try and get them to a minimum standard (with a bottom line saving), then cut L&D again and end up with those lower skilled people but now with even lower training.
It's systematic deskilling of the workforce and I saw it in construction over decades, you now get 'tradesmen' that did a 6 week course in something and companies will employ them because they don't necessarily need a master craftsman.
I'm not so keen on people in these Chartered organisations telling people what's happening out there, for a couple of reasons that aren't for this thread. I say this based on my experience of being Chartered through two of the biggest ones.