The New Skills Gap

Posted by Hogan Assessments on Wed, Feb 26, 2014

 

Skills gapThere are more than 80 million Millennials in the U.S.; about one million more than there are baby boomers. Experts predict that individuals born between 1980 and the early 200s will make up more than 40% of the labor force by 2020. That’s a lot of high-potential Millennials stuck working as individual contributors, and that’s a big problem.

Although it temporarily alleviates the skills gap HR managers expected, Boomers’ lagging retirement is creating a new kind of skills gap: a gap in soft skills.

Fortunately, soft skills can be learned, it just takes a more innovative approach.  Check out these 5 keys for developing your Millennial employees and keeping them engaged in a multi-generational workforce.

 

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