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WASHINGTON — To alleviate a worsening talent shortage, employers are starting to look further down the talent pipeline, including to schools.
Companies like JPMorgan Chase are partnering with educators to close the skills gap.The banking giant teamed up with the Greater Washington Partnership and Education Strategies Group in November to support K-12 technology education. JP Morgan Chase $5.3 million for Collaborative TalentReady An initiative that will be undertaken over the next three years.
GWP is a coalition of about 35 employers across a variety of industries in the Baltimore and Richmond, Virginia, area that works with area school districts to provide career pathways and work-based learning.
According to Emily West, vice president of skills, talent and the future of work at GWP, TalentReady ensures that conversations about the talent pipeline take place outside of traditional silos.
“The first iteration of this project created 19 tech career pathways in high schools, serving more than 25,000 learners,” West said Thursday at the AWS Summit in Washington, D.C.
This is just one piece of the puzzle as employers and educators work together to break down barriers to entry into the tech industry and solve a pressing crisis that, if left unchecked, will ultimately be costly. Organization $5.5 trillion Over the next two yearsAccording to IDC market research.
But building a pipeline isn't as easy as launching an education program.
Employers must offer internships and apprenticeships to give students the opportunity to demonstrate and develop their skills on the job.
Opportunities abound. As businesses prioritize digital transformation, skilled technology professionals are in high demand. Nearly four in five CIOs and senior IT leaders Raise staff levels Gartner research suggests that will happen this year.
CompTIA's examination of U.S. Bureau of Labor Statistics data produced similar results. Employers across the economy 27,000 new job listings added The number of active job openings in May was 209,000, the highest since June last year. Upskilling efforts are also a top priority. Cyber, AI, Data Dominate the bandwidth.
“We think in terms of expanding supply chains and access,” Illinois Institute of Technology President Raj Eshambadi said at the summit, “but we've never thought about it in terms of building a sense of belonging.”
Illinois Institute of Technology is working to address this issue through a mentor support group made up of colleagues, alumni and faculty.
“It takes three people to act as a concierge service for every student, and it takes a village,” Eshambadi said. “Inclusion without a sense of belonging won't produce the results we need.”
