Ahead of their Autumn Conference tomorrow, the Association of Employment and Learning Providers (AELP) has published new data revealing how rising costs are impacting the skills sector. This new evidence gives added weight to AELP’s arguments that skills spending must be protected, if the country is to achieve significant economic growth in the coming years.
The results of AELP’s cost of living survey will come as little surprise to those on the front line delivering skills provision. Major findings in the research include 86% of AELP members citing rising salary costs as adversely impacting providers. 82% report that rising premises and facilities costs are also having a major impact. Not all sectors are affected equally though. Care, hospitality, and transport and logistics are identified in the survey as the most vulnerable to adverse impact from rises in costs of delivery – as were sectors with high capital or resource outlays.
