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News & Updates, Surveys

The South West Manufacturing Barometer results are in!

We are pleased to be able to share this quarter’s regional report with you. These valuable insights uncover the challenges being faced by SME manufacturers across the region, and how their performance, expectations, and confidence levels differ from the national picture.

Special focus: resources & recruitment

This quarter’s South West report reveals that employee retention and recruitment challenges are impacting businesses across the region…

  • 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

Access the full SW report here

 

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