The quarterly report, commissioned by Hays Recruitment, comes as the organisation warns that without development, the gap between the skills employers want and those jobseekers possess will only continue to widen.
“The digital and technological divide between jobseekers’ skills and employers’ requirements has never been greater than it is today as we approach the Fourth Industrial Revolution,” the report stated.
According to the report, a selection of skills in demand include ICT skills in accountancy, digital skills pertaining to architecture, call centre professionals with strong systems and technology skills and Data Analysts who can mine through masses of data for informative insights and trends.
Also highlighted were skills such as Commercial Analysts with experience creating financial models, Electrical Engineers with solar design expertise and Systems Engineers to focus on virtualisation and Cloud based solutions.
As outlined in the Hays report, the training required from today’s organisations should be in line with the emergence of more complex technologies and systems.
According to the World Economic Forum’s (WEF) Future of Jobs report, the advent of emerging industries such as AI will be felt in transformations to skills requirements, resulting in substantial challenges for recruiting, training and managing talent.
“Not anticipating and addressing such issues in a timely manner over the coming years may come at an enormous economic and social cost for businesses, individuals and economies and societies as a whole,” the report stated.
In its report, Hays notes that many people are aware of the need to upskill, which is why development opportunities are so important to jobseekers.
In a recent survey of 1,516 jobseekers, 60% said they were looking for a new job due to a lack of career development in their existing or former role. This was second only to a desire for more challenging or exciting work (61%).
Nick Deligiannis, Managing Director of Hays in Australia & New Zealand, said upskilling and development doesn’t have to mean expensive courses.
“It can be as simple as stretch opportunities, mentorships and involvement in projects that will expand your skills and introduce you to new tools and technology,” he said.
“Without development, the gap between the skills employers want and those jobseekers possess will only continue to widen.”
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