JUNE - JULY 2022
How upskilling your staff can future-proof your business Despite employers placing skills and talent shortages in their top three most urgent concerns, only half of employees feel skills development is a priority to their managers, Cornerstone research finds
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he report, Thriving in the Global Skills Shortage: Your Path Through the Wilderness, found that nearly half of employers surveyed placed skills and talent shortages within their top three most urgent concerns in the next three years and identified a strong positive correlation between overall 18 safetynews.co.nz
business performance and the quality of new skilling support and development opportunities offered to employees. The two-part global research survey measured the views of 1,800 employees and more than 800 business leaders across North America, EMEA and Asia Pacific.
Similar to the questions asked in the 2020 study, the latest survey compared how each group perceived their organizations’ continued investment in skills initiatives, their ability to influence talent and business outcomes, and how well they responded to the pandemic. A significant finding from
the 2020 study uncovered a 30-percentage-point Skills Confidence Gap between employers who believed that they were delivering skills to employees and employees’ confidence in their employer’s ability to develop their skills. According to the 2022 survey data, this gap actually widened for