Posts in Future of Work
Virtual Town Hall Recap: 4 Key Takeaways on the Role of Data in Attracting and Retaining Talent

As organizations plan for a post-COVID world they face stark challenges associated with increased economic uncertainty, a highly competitive global talent marketplace, and the rapidly growing remote work movement. Recently, Visual Workforce, in partnership with ChamberRVA and Richmond SHRM, hosted a Virtual Town Hall designed to dig into those very issues.

The event shed light on how business leaders are thinking about the evolving role data and analytics can play in shaping conversations around employee retention, emergency succession planning, learning and development initiatives, and workforce optimization.

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Future of WorkTyler Convey
5 Lessons to Learn from Amazon's Investment in Upskilling

In early July, Amazon made waves with its announcement that the company will pledge over $700 million to upskill more than 100,000 of its U.S. employees. Amazon's big move comes during a critical shift in the U.S. workforce. 

An urgent need for new digital skills and a small talent pool leaves a massive skills gap in our workforce. People cannot keep up with the pace of digital transformation, while employers are struggling to recruit people with the right skills to adopt new technology.  Amazon recognizes these changes and is taking proactive steps to lead their company into the future of work. By investing in upskilling their employees now, they are setting the stage for long-term, sustainable success in the digital age.  

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Why The Skills Gap Is Still Growing

The skills gap is real, and it’s growing. As industries continue to move towards a new, digital era of work, the skills gap is only getting bigger, and it has real consequences - we’re talking a potential $2.5 trillion drag on the U.S. economy over the next decade. So, why is this problem getting worse, not better? The rapid pace of technological change, educational deficiencies (especially in STEM fields), poor formal training programs, and a lack of clear strategic direction from corporate leadership all contribute to this growing problem. Read on to find out how your organization can take proactive steps today to start investing in your people and close skills gaps within your workforce.

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