BRIDGING THE SKILLS GAP
FOR YEARS, EMPLOYERS IN THE MIDDLE EAST HAVE REPORTED A SIZABLE GAP BETWEEN THE TALENT THEY NEED TO KEEP THEIR COMPANIES GROWING AND THE TALENT THEY CAN ACTUALLY FIND.
The skills gap is a universal problem that impacts nearly every industry, job and employer. Such an imbalance can be crippling to economic progress; it puts strain on governments, and leaves millions unemployed. According to the Bayt.com 2016 Middle East Skills Gap Survey, May 2016, employers across the Middle East region are experiencing difficulty filling open positions as they struggle to find candidates with the required skill sets, especially for senior positions. Soft skills are regarded as most lacking in prospective employees, while technical skills are often seen as posing the least challenge. According to the Bayt. com 2016 Middle East Skills Gap Survey, soft skills, such as creative thinking (63%) and critical thinking (63%), are seen as the most difficult skills to find at a senior level.
What does research tell us about the skills gap crisis?
The Bayt.com 2016 Middle East Skills Gap Survey investigates the skills gap crisis in the Middle East. It provides a thorough investigation of the skills gap crisis, both from an employer’s point of view and job seeker’s point of view, and ends with a list of solutions to tackle this problem in the best way possible. The report describes what employers mean when they say jobseekers are “unemployable”.
When comparing the feedback of employers to the perception of jobseekers, the skills gap is seen even more clearly. Contrary to employer feedback, jobseekers generally regard themselves as having a high degree of competency across most skills, with those seeking senior positions being more confident regarding their skills and rating themselves higher on all skills, including soft skills. Despite this general positive view of their own skill level, half of the jobseekers surveyed say it is still difficult for them to secure a job.
Understanding the causes of the skills gap crisis
Generally speaking, the skills gap is a biproduct of multiple trends that can be summarised into two main categories: economic conditions leading firms to institute rigorous cost management strategies, and modern-day skill requirements outpacing formal education. By understanding these issues, companies, education providers and governments can learn to combat the skills gap and develop strategies to protect them from future skill deficits. Economic conditions The first driver of the widening skills gap are the financial decisions that