A great deal is at stake.
Companies spend an enormous amount of money in finding and acquiring the right talent, yet are confronted with students who lack the basic understanding of the how to work within a team environment, that are driven by work ethics that support the companies missions, exhibits basic communication and writing skills, and know how to support and work for a boss.
As a result, although the candidates might have been the brightest in their classes, they quite possibly lack, “people skills”, motivation or commitments to any of the characteristics mentioned above.
This is a problem that is not just found in the US. In an article I ran across today in the Guardian of the UK, the author identified similar issues businesses and grads are facing:
The report Chartered Institute of Personnel and Development (CIPD), the TUC and think tank, the Institute for Public Policy Research, says: “Compared to other northern European countries, young people in the UK are largely left to navigate the transition to work and responsible adulthood alone, and the support they receive varies wildly across different families, communities and employers.” Full article here.
In another article in the Birmingham News by Roy Williams, another survey outlines why graduates are likely to be unemployed for some time to come:
Lack of jobs, not qualifications, is the top reason recent college graduates and post-graduates are unemployed and likely to remain so, according to “The Hiring of 2012 University/ College Undergraduates and Postgraduates” survey by the Society of Human Resource Management, a national trade group that has an active chapter in Birmingham.
“What do graduates today bring to the job? They’re likely to be savvy in technology,” said Mark Schmit, the organization’s vice president of research in a release. “Still, they must improve basic skills/knowledge, such as English grammar and spelling, and applied skills, such as critical thinking, to best compete for jobs and transition into the ones they land.” Full article here.
To solve this problem, we are in the process of developing a comprehensive solution that will:
- Provide an online soft skills curriculum to college students
- Deliver the services through any device, at any time
- Utilize social media to increase participation
- Recognize and reward participating students with Badges and social media recognition
This program is designed to help students quickly navigate the campus to corporate transition in a fun, scalable and measurable way. Students/Grads with these skills will be hired more as companies feel more confident they will gain employees that will start out being productive and help to cut costs and produce revenue.
John Norris, an economist and managing director of wealth management at Birmingham’s Oakworth Capital Bank confirms this,
“Given the overall sluggishness of business conditions, businesses are looking for candidates who can come in and make a relatively immediate impact on the bottom line. Each business will have its own timeline for new employees, but I imagine very few are looking to make an investment in an employee who may or may not pan out in three to five years.”
If your college is interested in helping more students get jobs and immediately become productive employees, contact us for details. If you are a company who is interested in getting access to committed graduates who have taken their own time to build these skills, require this to be part of your employment process.
Your participation will increase employee retention, cut recruitment costs, and help a generation become more successful in building successful careers!