Talent development seen as #1 workforce challenge
A new survey of 400 employers by College for America reveals 71% of employers prefer developing existing employees into management roles rather than hiring new employees – but the lack of promotable skills is a major hurdle.
Employers evaluated which workforce issues are an “important” strategic challenge for them:
- Need to build talent & leadership: 94%
- Missing skills for promotion: 87%
- Hard to find well-qualified applicants: 85%
For answers #4-10 use the form to the right to view the full results as PDF (including data on workforce budget priorities, common tuition assistance policies, and more).
View the full results to learn: Employer preferences for promotion vs hiring at different levels of their company; top internal budget priorities for talent development; how workforce strategies shift by organization type; how tuition reimbursement is used by employers; how employers view for- and non-profit colleges, and more.
Fill out the form to view the executive brief, a full ten-slide report, or a printable infographic.