Employees are the backbone of any organisation and it is no different in the automotive industry, with competition and pace both high. Its success is reliant on its highly skilled and flexible workforce. To ensure its future viability, the industry is upskilling, developing apprenticeships and boosting the take-up of automotive careers, especially for those working on new technologies in production and product development. The industry is also working with the UK Government on the skills element of the automotive sector deal, which was agreed and launched in 2018.
The UK average employee turnover rate is approximately 15% a year, although this varies drastically between industries. Signatories’ staff turnover has been fluctuating over the years, although never going above 10%. In 2018, staff turnover increased to 9.1% from 8.4% in 2017. This is still relatively low considering the current uncertain economic climate and the 3.5% drop in overall employment. This is evidence that the automotive sector remains an attractive place to work.