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Stuart Gentle Publisher at Onrec

Dominance of services in UK economy creates need for businesses to work with strong partners to find the best talent

Staff key to service driven economy worth 79 per cent of GDP.

Figures today reveal that the output from the services industry increased by 2.7 in May 2016 compared with May 2015, with the sector now accounting for almost 79 per cent of total GDP.[1] Services is the only large sector that has exceeded pre-2008 recession levels.[2] One of the biggest services provided is technology, the sector requires approximately 745,000 additional professionals with digital skills to cope with increasing demand between 2013 and 2017, businesses need a strong understanding of the talent market to ensure the ongoing quality of services.

Ameera Mohammed, Director of Operations at Gibbs S3, comments: “With the UK economy being dominated by services, it really is the skilled employees that are helping to drive businesses forward. When it comes to technology employees across all sectors, it usually comes down to how talented and knowledgeable staff in this area are, to determine the overall quality of the service a business as a whole provides. So it is crucial for businesses to do what they can to secure the best talent.

“The labour market is becoming increasingly competitive, with it often being as hard to find the talent required, as it is to retain it. Workforce solutions providers are not just there to provide skills desired, but to offer expertise on the current employment market.

“Businesses need to work with experienced professionals in the staffing sector, which work with potential employees with specific skill sets, ensuring that companies can know the best talent available for each type of role. Helping businesses, particularly in the services industry, find suitable talent with digital skills, is the most valuable service a workforce solutions company can provide.”


[1]https://www.ons.gov.uk/economy/economicoutputandproductivity/output/bulletins/indexofservices/may2016
[2] http://www.ft.com/cms/s/0/2ce78f36-ed2e-11e5-888e-2eadd5fbc4a4.html