We All Miss Out When No One Trains the Workforce of Tomorrow
Vanesa Quiroz-Yanez
Customer Experience and Strategy | Spanish-Fluent, Lean Six Sigma Master Black Belt Leveraging Full-Context Data Analysis to Improve Customer Retention, Cost Savings, and Revenue
The experienced workforce can help unleash the potential of the workforce of tomorrow - take the lead!
I often hear hiring managers say that they cannot find qualified candidates to fill positions. Almost every hiring manager is looking for candidates that are well-trained; however, very few companies are training the new workforce. So my question is, how is the new workforce expected to fill positions for which no one is willing to train them?
This issue is especially important for companies that offer luxury or non-essential goods and/or services (cable, electronics, etc).
Consider the case of an IT college graduate with a database administration concentration. Shortly after graduating and having difficulty landing an entry-level job, he became certified as an Associate Oracle Database Administrator. He still had a hard time finding a company willing to give him a chance. Last time I saw this former classmate, he was working as a technical support specialist at an electronics retail store making approximately $35,000 a year.
If we were to look at only the economic impact of this, we would see that he might not be likely to afford a new car, a house and the purchase of non-essential goods or services. We are all missing out on his potential buying power if we work for companies that sell non-essential goods.
Now, the opposite would be true if he was making approximately $50,000 a year as an entry-level database administrator. While $15,000 more does not seem like a big increase, consider the potential increase in earnings in this profession vs. in a technical support role. With additional disposable income, he could afford to buy not only non-essential goods/services but also create global economic impact – think traveling and the purchases that come along with it. For those hiring managers who care about charity, think about how he would be able to support more charitable causes with his disposable income. If an additional reason would help; consider that this is helping create a succession plan for senior staff to be able to move up in the organization as they hand off responsibilities that they have outgrown.
When the new workforce is not trained, we all miss out on their potential buying power that affects local and global economy as well as limit their potential charitable contributions.
Let’s make a meaningful investment!