Thank you to each of the regional SME businesses who contributed to this quarter's Manufacturing Barometer - each and every response helps to build an accurate picture of the South West manufacturing industry, and highlights how this differs from the national picture.
This quarter's South West report reveals that employee retention and recruitment challenges are impacting the region's manufacturing businesses...
• An overwhelming 79% of respondents are currently struggling to recruit skilled staff (6% higher than the national number)
• Only 15% have been able to replace all of the staff they have lost over the past 18 months (compared to a quarter of national respondents)
• Due to current supply chain challenges, 55% are having to commit additional resources into managing their suppliers at this time
• 63% are looking to offer skills development programmes to attract new employees and address current recruitment issues
The full report can be accessed below...