Remove 2030 Remove Retention and Turnover Remove Talent Development Remove Wellness
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Don’t Let the Skills Gap Swallow Your Organization

Degreed

Maybe I’m a little dramatic, but the skills gap is really rocking the talent development space lately — and it’s only getting worse. trillion in unrealized revenue from the skills gap and talent shortage by 2030. Looking for talent and not finding the right fit is also leaving companies in a precarious position.

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How to elevate the importance of employee training Four tips to make training a priority in your organization

Visibility Software HR

Organizations with employee development programs are six times more likely to increase employee engagement (and higher engagement rates increase revenue growth ). Higher rates of training results in lower rates of turnover (and turnover is expensive.). Use it as a recruiting and retention tool. Future proofing.

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Learning and Development: The Ultimate Guide to Getting Started

Linkedin Talent Blog

Close skills gaps and future-proof your organization Skill sets for jobs have changed by 25% since 2015 and this number is expected to grow to 65% by 2030, effectively widening the current skills gap. Increase employee retention Two out of three workers have considered leaving their job due to a lack of career growth opportunities.

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Skills Gap Analysis: All You Need To Know [FREE Template]

Analytics in HR

According to the report by the Association for Talent Development , soft skills that are in short supply are critical thinking and problem-solving, managerial and supervisory skills, and communication and interpersonal skills. It developed a tech apprenticeship program called Verizon Thrive.