High Skilled Workforce




What Is Skilled Labor?


Skilled labor is a segment of the workforce that has specialized know-how, training, and experience to carry out more complex physical, or mental tasks than routine job functions. Skilled labor is generally characterized by higher or specialized education, as well as expertise levels attained through training and experience, and likewise generally corresponds with higher wages. This can be contrasted with unskilled labor, which refers to individuals with a limited range of skills to use in the workplace.


KEY TAKEAWAYS

  • Skilled labor refers to highly trained, educated, or experienced segments of the workforce that can complete more complex mental or physical tasks on the job.

  • Skilled labor is often specialized and may require a prolonged period of training and experience.

  • Skilled labor, which can be contrasted with unskilled or low-skilled workers, usually commands higher incomes.

  • Skills in science, technology, engineering, and math (STEM) are essential in many industries.

  • Skilled laborers work in a variety of jobs in both the trades and with white-collar companies.


6 Steps to Identifying the Skills Gaps


Organizations that master the work of identifying and addressing skills gaps now will be better positioned to reskill and upskill their workforce in time to fully exploit innovation initiatives that will help them attain their business goals.



How to Conduct a Skills Gap Analysis


To make your workforce as competitive as possible for what’s coming, you need to analyse your company’s skills needs and the skills currently held by your workforce. Here’s a step-by-step process:

  • Start with your company strategy.

 Identify company goals to understand what roles will be needed in the near-term and far-term.

  •  Identify the roles required for reaching those goals.

 You can develop this list of roles with your internal brain trust or turn to an openly available resource.

  •   Create an inventory of skills for each role.

 You can turn to multiple sources to help develop a list of the key skills needed for specific roles.

  • Inventory the skills your employees have already.

 It’s time to find out where your company currently stands. (Employees review/ 360-degree review.etc)

  • Perform your skills-gap analysis.

 In this step you compare the skills you need from staff against the skills they possess.

  •  Now it is time to close the skills gap.

 Developed the roles needed, the skills in place and those that require further development, it is time to get to work in closing the skills gaps.



ADAM HAYES(April 30, 2022) https://www.investopedia.com/terms/s/skilled-labor.asp

Eurekos Systems ApS (2011) https://eurekos.com/blog/6-steps-to-identifying-the-skills-gaps-in-your-organisation/























Comments

  1. wimalNovember 28, 2022 at 4:01 PM

    Skill labour is most valuable asset in organization you can talk how to develop organization with skills labour

    ReplyDelete
    Replies
    1. Dinusha KularathnaDecember 3, 2022 at 9:45 AM

      Employees are an asset that every company has to value. The knowledge, expertise, and experience of its employees are intangible but priceless assets in ensuring the organization's future. The procedures, revenue, and productivity of the company will immediately be impacted by the happy

      Delete
  2. DhanushkaNovember 28, 2022 at 6:35 PM

    Skilled workers have the skills and expertise to deliver a job well done and keep your customers satisfied, saving your business money.

    ReplyDelete
    Replies
    1. Dinusha KularathnaDecember 3, 2022 at 9:47 AM

      Totally agreed, that is why Employers more focus on Training and development aswell to have better skilled workforce

      Delete
  3. Nandun NarayanaNovember 29, 2022 at 5:23 AM

    Skill Gap can be minimalized over time by providing continuous training and development. Hiring skilled candidates also can be considered as a way of filling the skill gap. Do you think this will impact employee retention in the existing workforce?

    ReplyDelete
    Replies
    1. Dinusha KularathnaDecember 3, 2022 at 10:01 AM

      as you said from Training and development Skill Gap can be minimalized, and Hiring skilled candidates also can be considered as a way of filling the skill gap. to keep exiting employees organization have to have better retention plans, same time when hiring new employees it should plan SMART way, not to affect any exiting employees.

      Delete
  4. Udara DilshanNovember 29, 2022 at 6:48 AM

    Every organisation needs a skilled workforce. So many industries are becoming more and more competitive, and big changes are occurring daily. Having access to staff who are well-trained, able to adapt, and knowledgeable in their roles ensures can maintain high levels of performance.You have explained the thigs well.

    ReplyDelete
    Replies
    1. Dinusha KularathnaDecember 3, 2022 at 10:04 AM

      More challenge is keeping skilled Workforce, so that Employers should have better strategies,

      Delete
  5. Asfara BanuDecember 2, 2022 at 12:26 AM

    Skilled labor is one of the most valuable assets for any organization. Can you suggest some strategies to retain skilled employees in an organization.

    ReplyDelete
    Replies
    1. Dinusha KularathnaDecember 3, 2022 at 10:02 AM

      Be proactive. ...
      Hire the right people. ...
      Offer career paths and professional development. ...
      Make it personal. ...
      Keep communication open. ...
      Make work meaningful. ...
      Evaluate performance. ...
      Reward success, understand failure.

      Delete
  6. Ruvini UdayanganiDecember 3, 2022 at 7:16 AM

    organization should focus on skill upgrade also.

    ReplyDelete
    Replies
    1. Dinusha KularathnaDecember 3, 2022 at 10:11 AM

      An organization's personnel are assisted in developing the skills necessary to accomplish its strategic goals and establish a competitive edge through skill building. This is achieved by including skill-building exercises meant to aid staff in honing particular abilities.

      The process of developing skills begins with defining and documenting the core competencies (knowledge, skills, abilities, and behaviors) of the organization, followed by the identification of skill gaps and a plan for how to improve those skills inside the business.

      An organizational, learning & development, and retention strategy is the internal development of abilities that support employees in the development of their careers.

      Delete

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