5 trends to watch shaping workforce and learning in the year ahead
DOWNERS GROVE, Ill. – Human resources professionals are sharpening their focus on skills-based hiring and job candidates’ digital fluency as they navigate another year of workplace change, according to a new report released today by CompTIA, the nonprofit association for the information technology (IT) industry and workforce.
A majority of U.S. companies expect to hire workers to support growth initiatives in the year ahead (66%). For technology workers specifically, 72% of companies expect to increase hiring. Expectations of adding workers are offset to a degree by the potential of layoffs (cited by 24% of firms), separations due to skills gaps (22%) and hiring freezes (19%).
CompTIA’s annual “Workforce and Learning Trends” report provides data and insight into five key focus areas:
To facilitate both hiring and retention, one in two HR leaders report a desire to leverage new and compelling approaches to skills-based hiring and talent management. At the same time, they acknowledge challenges in time, predicting outcomes and validating skills.
“In this period of rapid change, it has never been more critical for companies to take a hard look at their talent management practices,” said Tim Herbert, chief research officer, CompTIA. “Cultivating a continuous learning culture that is outcomes driven provides an ideal foundation for meeting the challenges ahead.”
The Presidents Forum and Skills First Coalition will host a briefing to discuss the critically important roles higher education, industry and policy makers play in preparing current and future generations of workers for career success. Panelists at the “Innovation in Workforce and Education Policy Briefing” will include
Anne Kress, president, Northern Virginia Community College (moderator)
Kristin Fracchia, head of growth, Chegg
Lydia Logan, vice president, global education, IBM
Tim Herbert, chief research officer, CompTIA
The briefing will take place May 8 at the Dirksen Senate Office Building in Washington.
The CompTIA survey data indicates many HR professionals have taken this to heart and plan to increase investments in learning platforms (net 86% upgrading or adopting) and skills inventory or talent intelligence platforms (net 84% upgrading or adopting). Additionally, a slight majority of organizations plan to increase their staff training and development budget in the year ahead (55% vs. 50% intent the prior year).
The “Workforce and Learning Trends” study incorporates subject matter expertise from CompTIA and the results of a survey of nearly 1,200 HR and L&D professionals across industry sectors. The full report is available at https://www.comptia.org/content/research/workforce-and-learning-trends-2024.
About CompTIA
The Computing Technology Industry Association (CompTIA) is the world’s leading information technology (IT) certification and training body. CompTIA is a mission-driven organization committed to unlocking the potential of every student, career changer or professional seeking to begin or advance in a technology career. Millions of current and aspiring technology workers around the world rely on CompTIA for the training, education and professional certifications that give them the confidence and skills to work in tech. https://www.comptia.org/
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Access Now$2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.
582,000 – Number of tech business establishments in the U.S.
9.1 million – U.S. net tech employment at the end of 2022.
286,400 – Estimated number of new technology jobs added in the U.S. in 2022.
4.1 million – Number of postings by U.S. employers for tech job openings during 2022.