The corporates are seeking to export call centre, IT and finance jobs abroad. Employers who opposed called on the UK government to retrospect the immigration cap imposed by home minister Theresa May, expressing that one out of 10 jobs in the UK's private sector will be relocated abroad in the next year.
Among the employers questioned, 42percent said literacy of British graduates had fallen over the past five years, compared with 6percent who said they had improved. For finance, the figures were 35percent and reduced to 5percent and for communication and interpersonal skills 34percent and reduced to 19percent.
Despite Britain's universities ranked among top five or top 10 in the world. And as per capita, the UK still wins the highest number of Nobel prizes in the sciences. Many firms are also looking to hire people from outside the UK. Gerwyn Davies, author of the CIPD-KPMG report, said, "The proposed introduction of a migration cap comes at a time when many employers are still struggling to fill skilled vacancies."