Skills Gap Rapidly Widening, According to New Wiley Survey
Sixty-nine percent of HR professionals surveyed say they are experiencing a skills gap at their company, creating staffing challenges and the need to reskill employees
Wiley’s research suggests companies are having an increasingly difficult time attracting and retaining workers who have the skills needed to fill their open jobs. Among 600 U.S. human resources professionals surveyed by Wiley,
“This widening of the skills gap is concerning and not likely to end soon,” said Todd Zipper, executive vice president at Wiley. “The demand for skills keeps evolving faster, and it’s increasingly hard for companies and higher education institutions to keep up, particularly when it comes to soft skills. Indeed, there’s now a greater demand for soft skills over hard skills following the pandemic.”
The growing skills gap has led to staffing challenges, making it harder for organizations to recruit and retain talent. During the last year, nearly half of employers in Wiley’s survey reported that at least
The report suggests lingering effects of the Great Resignation may exacerbate the skills gap, as more than
While some organizations address their skills gap by hiring new employees or using contractors, the majority say they try to upskill or reskill current employees to fill the gap. Those that lack the development initiatives and in-house resources to effectively retrain workers can instead reimburse employees’ tuition costs for training or partner with colleges or technical schools. The proportion of respondents who said more than
“Employers would be wise to invest in employee learning and development initiatives, workforce training and flexible education benefits to deal with this burgeoning skills gap and boost retention,” said Zipper.
The report also suggests alternate credentials are gaining on the college degree as a way to validate a job candidate’s skills. While
To view the full report’s findings, please visit: Closing the Skills Gap Report 2023.
About Wiley
Wiley is one of the world’s largest publishers and a global leader in scientific research and career-connected education. Founded in 1807, Wiley enables discovery, powers education, and shapes workforces. Through its industry-leading content, digital platforms, and knowledge networks, the company delivers on its timeless mission to unlock human potential. Visit us at Wiley.com. Follow us on Facebook,
Category: All
View source version on businesswire.com: https://www.businesswire.com/news/home/20230124005054/en/
Source: