Over half of the companies questioned in a new survey admitted they offer little management training to their employees.
This is despite 74 per cent of people having deemed management skills and qualifications as more imperative in the employment sector, data from the Chartered Management Institute has shown.
Director of marketing and corporate affairs Jo Causon comments that individual feedback from managers shows that employees are not primarily motivated by salary.
"They want employers to show commitment in the shape of ongoing professional development and, if organisations are serious about retaining the best talent, they urgently need to meet these needs," she remarks.
If companies fail to develop their staff's skills then the top talent will move onto another company and the skills gap will be no nearer to being resolved, Ms Causon warns.
The survey has also found that 81 per cent of firms are experiencing recruitment problems while 78 per cent of respondent organisations thought retaining staff has become harder.
These latest results back research released by Ernst & Young last month, which showed graduates placed training and development above salary when looking for employment.