STOCK TITAN

IBM on Skills-First

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
IBM is bullish on alternatives to the four-year degree, focusing on creating career opportunities for workers without college degrees. The company's U.S. apprenticeship program has grown faster than expected, with roughly 1K apprenticeships hired, and over 90% of graduates becoming full-time employees. IBM aims to upskill 30M people this decade through initiatives like SkillsBuild, its free online course and credential platform.
Positive
  • None.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / September 28, 2023 / IBM

Why the tech giant is bullish on alternatives to the four-year degree.

Originally published by The Job & Open Campus Media, Inc. on the-job.beehiiv.com

By Paul Fain

No corporation has been more committed than IBM in trying to create career opportunities for workers without four-year college degrees. The global tech company's ambitions include becoming a major player in the issuing of alternative credentials and working with other companies on their hiring strategies.

IBM created its U.S. apprenticeship program in 2017. It grew faster than the company anticipated and has expanded to 35 job roles. IBM has hired roughly 1K apprenticeships through its U.S. program, where more than 90% of graduates become full-time employees.

The company partnered with Franklin Apprenticeship to create its IBM Z Mainframe Apprenticeship program. It says an intermediary can help ease a company's administrative burden with apprenticeships while shaping the experience for participants.

"This is what they do. This is their core competency," says Lydia Logan, IBM's vice president of global education and workforce development and corporate social responsibility.

Logan acknowledges that efforts by companies to change how they hire and develop talent are a "slow burn." The progress IBM has made was possible, she says, because it took on the challenge as part of a "complete agenda" ranging from policy priorities to apprenticeships and consulting to SkillsBuild, the company's free online course and credential platform, which is a big part of its goal to upskill 30M people this decade.

Continue reading here

Image courtesy of Carson Masterson on Unsplash

View additional multimedia and more ESG storytelling from IBM on 3blmedia.com.

Contact Info:
Spokesperson: IBM
Website: https://www.3blmedia.com/profiles/ibm
Email: info@3blmedia.com

SOURCE: IBM



View source version on accesswire.com:
https://www.accesswire.com/788437/ibm-on-skills-first

International Business Machines Corporation

NYSE:IBM

IBM Rankings

IBM Latest News

IBM Stock Data

191.57B
924.65M
0.12%
61.77%
2.56%
Information Technology Services
Computer & Office Equipment
Link
United States of America
ARMONK