Talent Shortages and Upskilling

Talent shortages refer to the situation where there is a lack of skilled individuals available to meet the demand for specific job roles or industries. This often occurs when the skills required by employers evolve rapidly, leaving a gap between the available talent pool and the skills needed.

Upskilling, on the other hand, involves providing additional training and education to existing employees or job seekers to bridge this skills gap, enabling them to acquire the necessary competencies and meet the demands of the job market.

 

Listen to hear more from Wendy Sellers, The HR Lady and co-host JC.