Skills Gap Widening; Prolonged Job Vacancies for High Skill Positions
CareerBuilder’s “Talent Crunch” study explores the challenges associated with the skills deficit and what employers are doing to address it.
The five areas reported to be the most difficult to recruit:
- Engineering – 67 percent
- C-level positions (CEO, CFO, CMO, etc.) – 60 percent
- Information Technology – 60 percent
- Research & Development – 54 percent
- Production – 54 percent
To secure talent for hard-to-fill positions, half of employers of all sizes are planning to hire workers who don’t have experience in their particular industry or field and train them. Thirty-one percent are planning to cross-train current employees while 19 percent are targeting talent from competitors. Nearly two-thirds are willing to stretch incentives such as offering flexible hours (25 percent), higher salary (22 percent) and remote work options (15 percent).
Two-in-five companies (41 percent) reported they currently have programs in place to help alleviate the skills gap including on-the-job training, mentoring, sending employees back to school and other efforts.
The study finds that nearly two-thirds of job seekers (64 percent) knowingly apply for a position for which they don’t possess the required skills; most U.S. job seekers – 77 percent – said they would be willing to take a job in a different field than the one they currently work in. More than half (54 percent) would be open to relocating to a new city or state.