As Global Talent Shortage Becomes a Trend,fortunately, Various Digital Solutions Are Emerging to Help Address the Urgency.
"Is Remote Hiring as Promising as It Seems?"
One of the biggest challenges universities face today is assisting employers in narrowing the global skills gap.
McKinsey’s recent study reveals that 87% of employers are facing a skills gap and talent shortage, and by 2030, an estimated 85 million job vacancies will remain unfilled. Remote employment is now emerging as a solution to this challenge.
Even as the pandemic nears its end, employers are increasingly turning to remote work to access a wider talent pool and bridge the global skills gap. This trend is gaining momentum.
Companies are realizing a crucial fact: hiring individuals with the right skills from across the globe holds more significance than employing individuals with mismatched skills right around the corner from their headquarters.
Recruiting remote talent has become increasingly important, especially in times of economic downturn when profit margins are shrinking.
Many students stand to benefit from this shift as it opens up opportunities for them to enter the global job market network.
Need for Increased Acceptance of Online Learning
While online shopping, online banking, and streaming movies have become part of our daily lives, online learning has not achieved the same level of acceptance.
Today, learners from anywhere in the world can acquire new skills through digital means without the need for traditional on-site education.
In the age of digitalization, online learning has the potential to become an effective method of upskilling and personal development.
For instance, Nexford University offers learners high-quality, affordable, and skills-based online education.
This enables individuals, regardless of their location, to leverage the virtual global job market and achieve greater social and economic mobility on a global scale.