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Page 1: The difference between the skills available in the …montana.shrm.org/sites/montana.shrm.org/files/Shonna...World Economic Forum, The Future of Jobs Report, January 2016 8 92% think
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The difference between the skills available in the workforce

and the skills needed by employers

8 MILLION

5.5 MILLION

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4SHRM Foundation Evolution of Work and the Worker (2014)

SHRM’s The New Talent Landscape: Recruiting Difficulty & Skills Shortages (2016)

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SHRM’s The New Talent Landscape: Recruiting Difficulty & Skills Shortages (2016)

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6Oxford Economics and SAP, Workforce 2020

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World Economic Forum, The Future of Jobs Report, January 2016

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92%think American

workers aren’t

sufficiently

skilled

45%

feel they’re

missing out on

growth

opportunities

30%

think company

profits are hurt

Adecco, Skills Gap Survey, 2016

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12A network of federal, state, and local

offices that support economic expansion

and workforce development 1 Partner with Workforce

Development Boards

Local academic institutions, including high

schools, community colleges, and

universities2

Partner with

Educational Institutions

Employer-sponsored training to develop

employee skills3 Conduct Professional

Development Training

A system that prepares potential employees

through on-the-job training often paired with

classroom work and reading4 Establish

Apprenticeships

Retain and engage older workers as

possible and, hire veterans, ex-offenders,

and people with disabilities5 Expand Your Talent

Pool

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70% Stronger work ethic

77%More work experience / knowledge

71%More maturity / professionalism

63% Ability to serve as mentors

59%More reliable

SHRM Aging Workforce Survey, 2014

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21Adecco Staffing Agency, 2016

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www.shrm.org/ResourcesAndTools/hr-topics/talent-acquisition/Pages/Workforce-Readiness-Resource-Page.aspx

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“The skills gap is a reality, and it is

a reality of our jobs as HR

professionals. We can truly help

our companies, our communities,

and our economy thrive by taking

this challenge on.”

Hank Jackson

President & CEO, SHRM

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[email protected]

(Please note that these slides are copyrighted material and may only be distributed to an audience at a

SHRM speaker presentation. Further distribution is not allowed, except with permission by SHRM.)