Over half of businesses struggling to find skilled workers - reportJames CoxA record number of businesses (57 per cent) cite the availability of skilled workers as a key constraint to growing their business, according to Grant Thornton’s latest International Business Report (IBR) research. A number of issues are impacting this, including a high level of employment, as well as inflation and interest rates. The global survey of mid-market companies highlights labour costs are also a concern – with some 55 per cent of mid-market business leaders identifying these costs as a barrier to business growth. According to Grant Thornton’s IBR research, 80 per cent of mid-market businesses intend to give pay rises this year globally. “Businesses are able to hire people from different countries when they offer remote working.

Source: Irish Independent June 29, 2023 16:59 UTC