As part of that review, the Technician Council has launched a set of recommendations to employers, Sectors Skills Councils and professional bodies that will help fill that gap.
The changing economic and technological landscape across all the sectors, has brought sharp focus on the critical role technical skills play not just in engineering, advanced manufacturing and science industries, but now increasingly in media and publishing, public administration, service industries and defence.
Although demand for technical skills is rapidly increasing, recruitment of technicians is failing to keep pace.
Today, in a bid to reduce this severe skills gap and help the nation regain its number one position for creativity and innovation, employers and other skills champions have pledged their support to advancing a modern class of technician and promoting the professional technician.
Steve Holliday, CEO of National Grid and chairman of the Technician Council said: "Increasing the pool of home grown technical skills in the UK is good for our economy and good for individuals. There is evidence that our competitors around the world have already recognised the value of technical skills and are taking action to get at the forefront of technology and innovation. There is also evidence that jobs requiring higher levels of technical expertise provide a unique, transferable and increasingly sought after skills - as well as providing an interesting and worthwhile career route.
"The pace of technological development in the modern workplace is creating an urgent and growing demand for higher levels of technical skill and professionalism. An estimated 450,000 job opportunities will be created by 2020, which require these higher skill levels. We need a clear, credible plan of action to up-skill and increase the pool of home grown talent if we are to maintain a competitive edge and boost growth in the UK economy through innovation and creativity."
The Technician Council has developed a set of eight recommendations following the review. These will generate the momentum needed to build the new professional technician standard, increase the pool of home grown technical skills and ultimately, help bridge the skills gap in the UK. These recommendations provide a clear set of practical and pragmatic steps with a business-led approach, which will also appeal to individuals.
Oliver Letwin, cabinet office minister and John Hayes (pictured), minister of state for further education, skills and lifelong learning, took to the platform at the launch stating their support for the work of the Technician Council to improve the status of technicians and expand opportunity for professional registration.
Hayes said: "It is critical that society properly recognises those people who use that powerful combination of head and hands to further their own prosperity and the nation's success.
"We must promote the professional standing of technicians, raise their profile and encourage businesses to nurture our home grown talent if we are to ensure we have the skills we need to compete in the high-tech, high-skilled economy of the future.
"Elevating the practical is at the heart of the Government's plans."
Neil Carberry, CBI director for employment and skills policy, said: "It is important that young people are made aware of the range of exciting careers open to them if they have technical skills. Meeting employers' needs for highly skilled technicians will not only help boost growth, it will also support investment that creates new jobs."
