from college and career ready
onto Students with dyslexia & ADHD in independent and public schools
1. The paradox of high unemployment and a war for talent continues.
We don’t have a jobs crisis in the world, we have a skills crisis. Some clear evidence from this report.45% of US employers say lack of skills is the “main reason” for entry-level vacanciesOnly 42% of worldwide employers believe new graduates are adequately prepared for work.
This data echoes the data we hear regularly from clients. Companies need to invest heavily in internal development programs to stay competitive. Our research shows that the training industry grew by 12% this year, the highest level in 9 years.
This research also shows that employers would be willing to pay new workers 22% higher salaries if they did have the skills they need. Employers want “ready made” employees.
2. Worldwide educational institutions are out of sync with employer needs.
While 42% of employers believe newly educated workers are ready for work, 72% of educational institutions do. This is an enormous mis-match. Primary and secondary educational institutions are not keeping in touch with corporate recruiters and the needs of business.
Again our research validates this completely. Most of our clients are investing heavily in new corporate universities, onboarding programs, and what we call “continuous learning” programs. In fact the L&D industry is in the middle of a renaissance, as companies try to reinvent all types of training around new internet technologies.
3. Students don’t perceive that traditional education methods drive job skills.
The #1 cited way (60%) students believe they learn skills is through “on the job training.” (Our reserach shows that 72% of business managers say the same thing.) 58% cite that “hands-on learning” is best.
Lectures are the lowest rated learning method (30%) tied with “traditional online learning” (30%).
Unfortunately most colleges still rely heavily on lectures and the “for-profit” distance learning institutions rely heavily on “traditional online learning.” (Only 24% of academic program graduates say that they use hands-on learning in their program.)