We have been hearing about the skills gap for a long time and studies in the past address the lack of what employers want. Payscale released a skill gap study detailing the disconnect between managers and recent graduates regarding their preparedness for employment after entering the workforce, and which skills managers are most likely to consider absent or deficient. Please go to Payscale’s website to view and download their report!
I discussed this two months ago with Rich Thompson, Adecco North America Chief Human Resource Officer. He also said one of the biggest challenges employers have is the skills gap. It is evident according to the study and organizations; graduates are not ready to present themselves as proficient in business oral and written communication. Lydia Frank from Payscale is with me to discuss their skills gap study specifically as it relates to college grads.
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Lydia Frank was in episode 68 last year, and most recently on episode 111. I bought her back to discuss the latest study conducted byPayscale.com. Lydia is the Senior Director of Marketing for Payscale and salary negotiation columnist for Money.com. Her media contributions include TechCrunch, Havard Business Review, The Huffington Post, and CBS News.
- The study focuses on the value of skills gap and identifies skills that affect pay in a positive way
- Industry specific expertise will differ especially in the technical fields
- The study focused even more of graduates
- Writing proficiency and public skills are lacking–perhaps due to technology
- Personal communication does not carry over to business communication
- More proof and assessments. More frequently, the first two interactions with a company would be a telephone interview and a skills assessment
- Great work by blogging is valid social proof and differentiate from the competition
- We talk about how critical thinking affects the need to assess. Questions around critical thinking often evaluate how a job candidate thinks about solving a problem
- Employers want to see the work and his or her process
- Lydia discusses how a diversity of thinking and the background of the team is important–does he or she complement the team? Not just diversity of people
- The study looks at the skills gap by U.S. region
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