By Amal Ratnayake, FCMA, CGMA, President, CIMA Chair, Association of International Certified Professional Accountants
Professional Insights
How social mobility can be key to overcoming talent deficit
Jan 26, 2020 · 3 min read
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A global labour shortage of 85.2 million skilled workers is projected by 2030, resulting in lost turnover of £6.5 trillion. In the UK alone, the talent deficit is expected to reach 2.2 million. The finance sector will be hardest hit, accounting for 22.8% of the shortage, as presented in a 2018 study by Korn Ferry.
Social mobility refers to an individual’s ability to move between social
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