Article:

How to boost productivity? Incentivise human capital investment

Written by Bharthi Keshwara Tuesday 12 March 2024
Why doesn’t investing in human capital have parity with investment in R&D and physical capital?
Hand drawing 3 lines, representing a graph

A new CMI report, Management and UK 2030, analyses the state of the UK economy and argues that, for the country to overcome its poor productivity performance, it needs more capable, robust and resilient management and leadership

It also found that leadership and management skills are undervalued in the UK compared to many of its competitor nations – such as the US, Germany and South Korea.

Management and UK 2030

Check out the full report here

 

As well as safeguarding and enhancing policy areas that currently are working to support upskilling – such as management apprenticeships – CMI has called on the government to explore wider changes to the tax system to support investment in skills. One example is tax reliefs for high-level human capital investment.

 CMI has called on the government to explore wider changes to the tax system to support investment in skills

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