Solve the skills mismatch challenge
Employee skill sets do not match the skillsets required by organizations to be successful and skill requirements are rapidly changing:
- Only 20% of employees have the skills needed for both their current role and their future career.
- 87% of executives say their organizations are already experiencing skill gaps or expect to face them within a few years.
- Less than 5 years is the average shelf life of a skill.
Kickstart your renewable workforce
Workforce transformation and automation mean jobs are changing and new opportunities are emerging. With these new jobs, new skills are required and roles are constantly evolving. The threat of losing key talent is also a constant area of concern for many businesses.
Businesses are having to rethink how they approach and invest in talent management, retaining and upskilling talent. There is a shift from the fire and hire approach to getting the right skills which is expensive, wasteful, and destroys engagement. More businesses are looking at a mindset shift from replacement to redeployment of people.
The solution is employees can be upskilled and reskilled to become future talent and then moved to new roles within your organization.
LHH can work with you to create the right mix of technology and human touch – so that you can retain talent and equip your leaders to drive a culture of continuous skill-building.
Solve the skills mismatch challenge
Employee skill sets do not match the skillsets required by organizations to be successful and skill requirements are rapidly changing:
- Only 20% of employees have the skills needed for both their current role and their future career.
- 87% of executives say their organizations are already experiencing skill gaps or expect to face them within a few years.
- Less than 5 years is the average shelf life of a skill.
Kickstart your renewable workforce
As a business you may be rethinking how you approach and invest in talent management, retaining and upskilling talent. There is a shift from the fire and hire approach to get the right skills which is expensive, wasteful and destroys engagement. The solution is employees can be upskilled and reskilled to become future talent and then moved to new roles within your organization.
LHH can work with you to retain talent and equip your leaders to drive a culture of continuous skill-building.
Find out how we can support you today
What is the new ROI?
LHH Return on Individuals proposes a new talent investment strategy - one that looks at moving your workforce from replaceable to renewable.