Responding to the Migration Advisory Committee’s recommendation to widen the Shortage Occupation List, Tej Parikh, Senior Economist at the Institute of Directors, said:
“Many businesses will back the MAC’s recommendation to widen the Shortage Occupation List. In the current context of an extremely tight labour market vacancies are often going unfilled, particularly in STEM areas. This is holding firms back from growing even faster, to the benefit of the UK economy.
“It is crucial that migration policy takes into account economic realities. Widening the list will help relieve some of the strains businesses face in searching for talent. However, finding the right skill-sets will remain a concern for directors as we move away from freedom of movement with the EU. Our future migration system must be adaptive to firms’ needs, and should steer clear of blunt tools such as salary thresholds.”