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June 2015
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June 2015
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Skills Gap Drives Training in Small Companies

Monday, June 22, 2015

Many small businesses are struggling to fill skilled labor positions, forcing them to hire unqualified candidates and shoulder the costs of training. According to a recently released report, more than 80 percent of small businesses said they had few to no qualified applicants for open positions, and 13 percent of survey respondents reported low quality of available labor as their most pressing concern. While some blame the education system, and others blame employers' lack of willingness to offer extensive training programs, it seems everyone can agree that organizational needs and the labor market are growing increasingly disparate, and small- to mid-sized companies are bearing the brunt of this gap. These organizations simply don’t have the resources they need to seek out the best, most qualified candidates, and they are more likely to focus on niche industries, where applicants with the necessary skill sets are few. Instead of seeking out the perfect candidate, these organizations are seeking out those who have the requisite soft-skills—teamwork, organizational skills, and the ability to learn—and putting these new hires through rigorous training processes once they come on board.

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