In a recent press release from April 8, 2019, Franklin Apprenticeships announced a key partnership with the State of Missouri aimed at creating modernized apprenticeship programs in both the automotive and IT industries. This groundbreaking new program will solve skilled labor shortages, create new middle skills career pathways, and help communities in Missouri attract new talent.
Last year, ManpowerGroup released their 2018 Talent Shortage Survey discussing the Skills Revolution, and why employers should shift their focus from just in time hiring strategies to becoming the builders of talent for today and tomorrow. In this survey, 61 percent of U.S. employers cited a lack of applicants, a lack of experience, and a lack of hard skills as the top three drivers for talent shortages within their respective organizations.
Speed of innovation, increasing regulations, and the pace of digitalization all remain as top risks facing organizations. But what is the latest and greatest emerging risk to enter the board room that is here to stay? Staff shortages. That’s right – you read this correctly. The top emerging risk facing organizations isn’t responding to cybersecurity threats, or addressing GDPR – it’s the talent gap.
Build vs. Buy: Solving the Cyber Talent Shortage, Today Cybersecurity Ventures says the worldwide deficit of qualified cybersecurity professionals will reach 3.5 million by 2021. Yet, CSO’s Top 5 cybersecurity facts, figures and statistics for 2018 paint a more dire picture: Since every IT position is responsible for protecting and defending data, apps, devices, infrastructure, and [...]
How Apprenticeships Help the IT Industry Attract and Retain Female Talent For a growing number of women, the tech industry is losing its charm – even though it is one of the highest paying growth industries in America. More than half the US workforce is women, but only 20% of tech jobs are held by women. [...]
This US industry is prime for a cybersecurity apprenticeship movement! Cybersecurity, one of the fastest growing job skills of the new economy, is also one that holds the fastest growing skills gap. For the financial services and insurance industry –the largest spenders and consumers of cybersecurity technology next to government – the cybersecurity talent shortage threat [...]
Area Development Interviews Franklin Apprenticeships CEO about Modern Apprenticeships In a recent article, Apprenticeships are a Win-Win for Industries and Workers, Area Development’s editor asked our CEO, Kim Nichols, questions regarding today’s perception of manufacturing. They also discussed the status of the adoption of modern apprenticeships for workforce development in the US. This topic is one [...]
Franklin Apprenticeships Beta Launches “AskFranklin”, America’s First National Apprenticeship Job Board
March 12, 2018 (BALTIMORE, MD) –– In an announcement made today, Franklin Apprenticeships beta launched “AskFranklin”, America’s first National Apprenticeship Job Board. AskFranklin is the first national apprenticeship job board of its kind that connects employers, aspiring apprentices, and apprenticeship services providers. In addition to apprenticeship job listings, AskFranklin includes content and videos supporting a modern apprenticeship [...]
Ryan Craig and Tom Bewick are labor market and education experts with a vision. Craig is Managing Director of University Ventures, in addition to being speaker, writer, and analyst on 21st century workforce and education issues. Bewick is President of the Transatlantic Apprenticeship Exchange forum, co-founder of Franklin Apprenticeships, and former advisor on apprenticeships to the British Government.
Can Market Facts Change Market Perceptions? A recently released report from Harvard Business School and Burning Glass Technologies validates the fact that there is opportunity to expand US apprenticeships into new fields of occupations. Room to Grow, Identifying New Frontiers for Apprenticeships analyzed the Burning Glass job postings data and discovered: Ø The number of occupations [...]