Employers survey highlights graduate skills shortages
Ibec, the group which represents Irish business, has welcomed the broadly positive findings from the latest National Employer Survey.
On the quality of graduate education but warns that the survey highlights key skills shortages which, if not addressed, could constrain future economic growth.
Ibec Head of Education Policy Tony Donohoe said, “it is encouraging that survey respondents were satisfied with graduate recruits across a range of workplace and personal attributes. However, it is worrying that 40 per cent of respondents indicated a shortage of skills that will be needed within the next five years including engineering, languages, ICT and specific quantitative skills. There also appears to be lower levels of satisfaction amongst indigenous companies, a business sector which Ireland increasingly depends on for employment growth”.
“Employers appear less positive about graduates’ entrepreneurial skills, business acumen and awareness. Given that entrepreneurship is a powerful driver of economic growth and job creation, the education system must support young people and adults to acquire skills required to both take up and create employment”.
“The survey suggests that there is scope for much deeper collaboration between education and business. While companies reported healthy levels of internships and work placements (72%), there were significantly lower levels of collaboration on research (34%), in-company training (34%), advisory panels (23%) and curriculum reform (15%)”, concluded Mr Donohoe.