Almost two-thirds of recruiters say young staff leaving is one of the main reasons for not closing the skills gap, according to a new report.
Young people across Europe are leaving jobs, creating one of the biggest barriers for businesses to address skills shortages, according to a new report.
New figures mean 60% of talent managers are unable to close skills gaps as younger employees tend to leave and struggle to attract new employees with the right skills. clarified that he said that
The pandemic and subsequent economic instability led to record inflation, which remains unabated across much of Europe, and led to trends such as the so-called “grand resignation” and “quiet resignation.”
Many young workers in particular felt they were not treated fairly and often worked hard for low wages as prices rose faster than wages.
A survey of thousands of talent managers, learning and development professionals and employees at various levels from companies in the UK, France, Germany and the US reveals that these trends are putting businesses in trouble. Became.
High turnover among young employees is a particular problem for UK recruiters, with 60% saying it was the biggest challenge they faced related to skills shortages.
Analysts at learning platform 360Learning say in their 2023 Global State of Upskilling and Reskilling Report that for more than a third of recruiters surveyed, losing the knowledge of older generations as they retire is a priority. This proved to be the biggest hurdle.
In France and the US, finding enough new employees with the right skills was the biggest challenge.
David James, chief learning officer at 360Learning, said the skills crisis is putting “significant pressure” on many types of businesses as organizational knowledge is lost due to redundancies and the departure of younger employees. It is said that there is
“As a result, demand for talent far exceeds supply. To rectify this, employers need to create a culture of continuous learning and provide their teams with the tools and opportunities to improve their skills. “There is,” he said.