Published on April 9th, 2022
As businesses look to survive the Great Resignation and win the Global War on Talent, they face a growing skills gap that threatens long-term business success. There are not enough skilled candidates to fill the rapidly-growing demand in several key high-skill roles.
This challenge will not be resolved on a global level anytime soon, leaving every employer with the daunting task of finding a way to close the skills gap for vital positions. Companies need to start addressing this today, so here is a three-step process to start your journey:
There are multiple sources to help you develop a list of the key skills needed for specific roles.
You can always start with your job descriptions, but you need to carefully review the list of skills to ensure they are current. Delete any obsolete skills and identify skills needed for success in the position in the future.
You can gather a wealth of information from the US Bureau of Labor Statistics, which details job descriptions and skill requirements for many common positions. Another great source is the Singapore Skills Framework.
Many job sites provide excellent sources of information on the essential skills for many jobs, including LinkedIn, Indeed, Zip Recruiter, and many others.
Once you have identified the skill requirements for each position, you can identify the skills gaps.
The best place to start identifying your skills gaps is inside your organization.
You may have made great hires in the past, but the skills needed to do the job well may have changed over time, especially as the more technical aspects of most jobs have evolved.
You can inventory the skills your employees have already in several different ways:
One great way to inventory the skills gaps with your current employees is to utilize the same skills assessments you use on candidates with your current employees. For example, Hire Quotient’s AI-powered business skills assessments can help you identify any skills gaps in your current employees, and help you build a training plan for each individual.
Of course, you will also have new positions where you will not be able to benchmark skills using your current employees. HireQuotient’s Virtual Interviewers will enable you to quickly identify those gaps with your candidates and move forward with action plans for closing those gaps.
In both your current employees and your candidates, you will find gaps between their skills and the skills you need. The key to closing those skills gaps is developing (or leveraging) training and development programs.
Here is a step-by-step approach to bridging your skills gaps through training and development:
At HireQuotient, our AI-powered business skills assessments help you define your baseline skills, map your skill gaps and measure the progress of your learning programs.
Our chatbot-powered skill assessments are built around realistic work scenarios, ensuring candidates answer structured questions based on the provided data and generate insights into each candidate’s job-specific skills and business competencies.
Learn more about how HireQuotient can help your organization close the candidate skills gap. Just visit https://hirequotient.com to schedule a demo today!
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