"BizSpace, which provides flexible workspaces to hundreds of SMEs across a wide range of industries in the UK - warns the need for agility in hiring practices and the importance of a diverse talent pool must not be underestimated. They are emphasising how the proposed changes to immigration policy could stifle growth and innovation, highlighting the urgent need for a balanced approach that supports the diverse needs of SMEs while still ensuring a fair immigration system:"
"The plan to double the qualifying period for permanent settlement from five to ten years could deter skilled workers who might otherwise see the UK as a viable destination. This extended timeline poses a risk to sectors like technology, healthcare, and engineering, where the competition for talent is fierce. Companies in these fields rely on a steady influx of skilled professionals to drive innovation and maintain operational efficiency."
Proposed UK immigration changes would double the qualifying period for permanent settlement from five to ten years. Doubling the period could deter skilled workers and reduce the UK's attractiveness to talent, affecting technology, healthcare, and engineering sectors. SMEs face a distinct disadvantage in a precarious job market if access to skilled workers is limited, risking growth, innovation, and operational capacity. BizSpace provides flexible workspaces to hundreds of SMEs across the UK and highlights the importance of agility in hiring and maintaining a diverse talent pool. Stricter immigration rules could force SMEs to compete with larger firms for scarce talent and may lead to lost opportunities when employers cannot wait a decade for employees to obtain permanent settlement.
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]