5 Ways Companies are Addressing Skills Gaps in Their Workforce
August 22, 2023
With an unusual economic situation where recession concerns are up but the job market is tight, organizations need to find more targeted ways to address their skills gaps. In this Society for Human Resource Management (SHRM) article, the author outlines five approaches that – thanks to better technology, innovative funding mechanisms and old approaches reimagined – may help meet today’s workforce needs. These approaches include the digital apprenticeship, a fresh approach to tuition reimbursement, a shift to learning experience platforms, democratization of coaching, and cohort-based courses. Read on to learn more about the successful approaches some companies have implemented.