Unable to find candidates with the skills they need, many employers are struggling to fill sought-after positions. Fifty percent of employers feel there is a shortage of skilled workers in Canada, a CareerBuilder.ca survey finds.
The survey also finds that 29% currently have positions in their organization that, on average, stay open for 12 weeks or longer. Of those with extended job vacancies, 75% say the vacancies have adversely affected their firm.
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Morale, productivity and retention are among the victims of extended vacancies, according to employers. When asked how extended job vacancies have adversely affected their firm, employers cited the following results:
- work doesn’t get done (31%)
- lower morale due to employees shouldering heavier workloads (26%);
- delays in delivery times (24%);
- lower quality of work due to employees being overworked (23%);
- employees are less motivated (23%);
- loss in revenue (22%);
- declines in customer service (20%);
- higher turnover because employees are overworked (19%);
- employees making more mistakes, resulting in lower quality of work (14%)
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When asked what they think is causing the skills shortage, employers offered the following opinions:
- not enough graduating in in-demand fields (52%);
- lack of interest in required fields (48%);
- employers and candidates have different expectations (41%);
- entry-level jobs are becoming more complex (37%);
- lack of funding in necessary training (36%);
- rapid changes in technology (34%); and
- increased competition for candidates (33%).
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In an effort to overcome these challenges, many employers are taking matters into their own hands and training workers on the job. Forty-six percent of employers say they’ve hired a low-skilled worker and trained him/her for a higher-skill job within their firms in the last two years. When asked how this practice has affected their firms, employers cited the following benefits:
- increased employee motivation (50%);
- improved employee loyalty (47%);
- it enabled us to be more competitive (46%);
- it enabled us to meet department goals (41%);
Companies are feeling the effect of a skills gap, from lower morale to higher retention rates to a loss of revenue, says Ryan Lazar, managing director of CareerBuilder Canada.
“Our findings indicate, however, that taking proactive efforts to train and reskill workers can go a long way in overcoming these challenges,” he adds. “While we still have a long way to go, the more we can identify the root of these challenges, the more opportunities we will find to bridge this gap.”
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