The modern worker has been forced to adapt—and quickly, with the half-life of a skill now estimated to be about 5 years. Their very livelihood depends on acquiring new skills. But recent research from Cornerstone shows there's a major disconnect between what employees feel capable of—and what business leaders expect—in terms of skill development.
The Cornerstone People Research Lab conducted a global research survey on the progress that has been made in the last few years in the area of skills development. The survey asked company leaders and employees to evaluate how they think their organizations are prioritizing employee growth.
The research shows that although leaders understand that a balance of hard and soft skills is essential for success, a significant "confidence gap" exists: While 90% of business leaders feel confident that they are positioned to develop their employees’ skills, only 60% of employees believe that their organization could help them build their skills for the future. And, only 62% of employees feel they currently have the proper resources they’d need to succeed going forward.
The infographic below explores the "confidence gap" in more detail and suggests how organizations can work to bridge this divide. Look for additional content on ReWork and read our ebook, "Bridge the Workforce Skills Gap: 3 Key Places to Start," to learn more about how executives, HR leaders and managers can work together to help close the confidence gap and reskill successfully.
How can organizations work at closing skills gaps and improve employees’ confidence? Learn more about the challenge and opportunity for organizations to close these confidence gaps and reskill organizations successfully. Find out the next steps in our ebook, "Bridge the Workforce Skills Gap: 3 Key Places to Start."
Related Resources
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
Blog Post
10 ways to make one-on-one meetings count
One of the basic premises of being an effective leader is to have regular one-on-one meetings with your staff. Yet often, these meetings feel like torture to the employee, lacking forethought and focus. In such cases, leaders need to recognise that the value of these interactions extends beyond mere formality. To make these one-on-ones effective, leaders should prepare for each meeting, set clear agendas and actively listen to their employees' concerns and feedback.
Blog Post
Building Better Workplaces: HR Tech reshaping workplace cultures for success
As we keep pace with the fast-moving trends, we understand the vital role culture and technology play in creating a happy, healthy and productive workplace. We’re all about embracing the future, and our HR leaders are at the forefront of talent management, understanding the evolving landscape of work and the transformative impact of technology. Drawing on insights from our Talent Health Index and 2024 HR Predictions Report Remaking Work for a New World, we’ll explore how HR technology is changing the game and revolutionising how we work.
Blog Post
Steering towards agility: How organisations navigate change
The change in the world of work has recently brought with it a number of challenges. Innovations such as artificial intelligence are creating faster, completely new cycles of talent development, and this transformation sometimes creates completely new structures and hierarchies within the workforce.