OECD Called On UK To Relax Immigration Controls On Skilled Immigrants

26 Feb 2015

Citing the present UK rules, the OECD (Organization for Economic Co-operation and Development) has urged the government of UK to relax immigration controls on high skilled employees. The present regulations are restrictive and obstructing to boost the nation’s productivity.

In a recent released report, OECD said that company-sponsored visa quotas are affecting the attempts to boost the economy and declining the unemployment rate. 

Even UK businesses raised the concerns on the government’s cap on 20,700 visas every year for foreign employees in skilled professions, which have resulted to brake on country’s growth. 

The Director-General of the Confederation of British Industry (CBI), John Cridland, said that the firms observed that the targets of net migration are affecting country’s ability to bring in more highly skilled immigrants.

He said that the immigration targets must be discarded and business must work with UK government to offer improved vocational education as well as in-work training that would help to increase living standards by growing productivity.

Based on interviews with businesses, a separate report has been released by the Department for Business, which has concluded that foreign employees brought numerous benefits to firms, including the capability the train colleagues.

The business secretary, Vince Cable, said the research demonstrates that migrant employees not only encourage growth for country’s business by introducing new innovations and ideas, but also bring in their exceptional foreign networks as well as cultural knowledge to make development for their firm in overseas.

According to the OECD survey report on the UK economy, the regulation favoring knowledge-based economy might include welcoming highly skilled immigrants to reside and work in the UK, in order to meet skill scarcities and improve labor productivity.

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