Bridging Talent Identification, Skills Gap, and Succession Planning with Education at Work
Navigating the challenges of talent identification, addressing skills gaps, and effective succession planning are critical to any business’s success. Companies can find themselves overwhelmed when trying to select suitable candidates from a vast pool of applicants, match evolving industry skills, and identify potential leaders. Discover Education at Work, a non-profit that provides innovative solutions to these problems, setting companies up for long-term growth and success.
DEI Goals
In terms of talent identification, Education at Work provides a unique solution. Leveraging an established network of university partnerships, Education at Work allows companies to tap into a highly diverse and skilled collegiate workforce. This demographic spans students of color, first-generation students, those from low-income backgrounds, and students from various geographic locations. The advantage of such a diverse pool is twofold – companies can not only meet their Diversity, Equity, and Inclusion (DEI) pipeline development and hiring goals but also enjoy high conversion rates from Education at Work to their workforce.
Skill Development
Addressing the skills gap, particularly in the rapidly evolving technological landscape, is another critical area where Education at Work can provide significant support. Education at Work’s early talent pipeline enables employers to identify, work with, and recruit proven performers with degree-specific skills relevant to the employer’s industry. This provides a valuable resource to bridge the skills gap, leading to greater conversion and retention rates. As these students have had TA and work experience before graduation, they also create an affinity with employers, leading to cost savings of up to $6,300 per college hire without a finder’s fee.
Succession Planning
Another point to consider is effective succession planning that is vital for any organization’s long-term sustainability. Education at Work’s early talent programs allow businesses to identify potential leaders, equipping them with relevant skills and experience, ensuring a consistent pipeline of future leaders. Moreover, the Education at Work model, based on ongoing partnerships with universities, provides unparalleled access to a renewing US collegiate workforce. This annually refreshed workforce is perfect for meeting demand for back-office and contact center staffing, and being digital natives, these students can easily adapt to any technological advancements.