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Can More Money Close the Skills Gap?

January 31, 2020

Via: HR Hero
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The late, great Notorious B.I.G., aka Biggie Smalls, once rapped about more money causing more problems, but could more money be the solution to closing the skills gap?

If you’re like 54% of global companies, chances are you’re having a tough time finding skilled talent—and it’s not your fault. The skills gap can definitely be blamed. According to new research from ManpowerGroup, the talent shortage has nearly doubled in the last decade, going from 30% in 2009 to 54% in 2019. ManpowerGroup explains that the skills workers need have changed drastically over the last 10 years, and skills that were once in demand are now obsolete.

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