Dive Brief:
- Millennials aren't confident they have the skills required to succeed in the future of work, according to a new report from Deloitte.
- In fact, 70% of millennial respondents to a recent survey said believe they may only have some or few of the skills that will be required. Most said that employers are primarily responsible for training workers to meet evolving challenges; Gen Z respondents, however, said the responsibility rests with educators. "This presents an interesting opportunity for business and academia to increasingly collaborate to solve tomorrow's workforce challenges," Deloitte said in announcing its findings.
- To attract and retain the latest generations to enter the workforce, employers should place a priority on reskilling and training to ensure talent is prepared for what's ahead, Michele Parmelee, Deloitte's global chief talent officer, said in a statement.
Dive Insight:
While other research has indicated that most millennials are satisfied with their current positions, less than half of respondents to a recent LaSalle Network survey said they were pleased with their career path and the training and development programs offered by their current employer.
Additionally, an O.C. Tanner report revealed that when millennials jump ship, it's most often because they feel underutilized and stagnant at work.
Learning and development professionals have an opportunity to address these needs, implementing continuous learning initiatives and regularly tracking results. In this way, training can do double duty, equipping employers with a future-ready workforce while also serving as a talent attraction and retention tool.
