75% of Welsh Employers Now Invest in Apprenticeships – Sanderson Report

The latest Wales Regional Insights Report from Sanderson PLC reveals a major shift toward apprenticeships, with 75% of Welsh employers now engaged in apprenticeship schemes. This reflects a strong commitment to developing homegrown tech talent in response to skills shortages and increasing competition for skilled workers.

The report highlights Wales’ booming fintech, cybersecurity, and software development sectors, but also warns of ongoing challenges, including talent migration to Bristol and infrastructure limitations in rural areas.

Key Takeaways from the Report:

• 75% of Welsh employers now offer apprenticeships, reinforcing a strong focus on workforce development.
• Tech salaries in Wales have risen by 12%, though they still trail behind Bristol and London.
• Caldicot is the fastest-growing tech talent hub in Wales.
• Cardiff is losing 20% more tech talent to Bristol than it is gaining, posing retention challenges.
• High-demand roles include AI & Machine Learning, Cybersecurity, Cloud Computing, and Data Science.

Industry Insight

Sarah Kocianski, CEO of FinTech Wales, emphasized the importance of apprenticeships in closing the skills gap:

“The strength of our fintech ecosystem relies on its people. By working with industry, government, and education, we’re closing the skills gap and building a future-ready workforce.”

Read the Full Report

Read the full Sanderson Wales Regional Insights Report here:

For more reports and insights from your sector, visit Sanderson’s talent insights page.

For more updates on fintech growth and opportunities in Wales, follow FinTech Wales.