The skills gap myth: Survey reveals why companies can’t find “good people”
As a software developer I’m always bemused by the leaders of industry who lament the lack of skilled workers to fill open positions in my field. It seems that too many forget one of the most basic rules of capitalism: If demand is low, you’re not offering enough value. As it fits this scenario: If developers aren’t applying for your position, you’re not offering enough compensation.
This is rather cynical, but I imagine that these pronouncements aren’t for my ears anyways: They’re made to justify keeping “information technology professionals” on the overtime exempt list, or to raise immigration caps for technology workers. (Which is often well justified, but I wonder at the distortion it introduces to the domestic labour pool.)
TIME.com – The Skills Gap Myth: Why Companies Can’t Find Good People
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The first thing that makes me wonder about the supposed “skill gap†is that, when pressed for more evidence, roughly 10% of employers admit that the problem is really that the candidates they want won’t accept the positions at the wage level being offered. That’s not a skill shortage, it’s simply being unwilling to pay the going price.
But the heart of the real story about employer difficulties in hiring can be seen in the Manpower data showing that only 15% of employers who say they see a skill shortage say that the issue is a lack of candidate knowledge, which is what we’d normally think of as skill. Instead, by far the most important shortfall they see in candidates is a lack of experience doing similar jobs.
Employers are not looking to hire entry-level applicants right out of school. They want experienced candidates who can contribute immediately with no training or start-up time. That’s certainly understandable, but the only people who can do that are those who have done virtually the same job before, and that often requires a skill set that, in a rapidly changing world, may die out soon after it is perfected.