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Work Futures Daily - Skills Gap

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Deloitte 2018 Manufacturing Skills Gap Study; AI Flowchart; Sharing salary info; Stack Overflow for T
 

Work Futures

November 20 · Issue #1033 · View online
The ecology of work, and the anthropology of the future.

Deloitte 2018 Manufacturing Skills Gap Study; AI Flowchart; Sharing salary info; Stack Overflow for Teams; We’re scared of algorithms; Joseph Campbell

Beacon NY - 2018-11-20 — I’m going to be on vacation the rest of the week, so this is the last Work Futures Daily until next Monday!
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2018 Manufacturing Skills Gap Study | Deloitte predicts a shortfall in skills in manufacturing based on interviewing manufacturing executives, and projected demographic changes, like retiring boomers. Higher pay is the obvious solution to a shortfall in workers, and training to get them skills:
Many manufacturers find themselves forced to take more aggressive measures to fill open jobs in the short term. The 2018 study identified a 15 percent increase in the number of companies offering higher pay to skilled workers compared with 2015. Today, 83 percent of executives offer higher pay to attract and/or retain skilled workers. But, on the flip side, while this gets skilled workers in the door, it does not guarantee they will stay. In fact, the study shows that 66 percent of executives see skilled workers leave to accept outside positions that offer higher pay. In addition to higher pay and signing bonuses, some manufacturers have also relaxed certain hiring requirements and moved production to domestic job shops to keep pace with the rising orders many are seeing. Unfortunately, none of these approaches will likely solve the industry’s skills shortage in the longer term.
As the industry considers a more deliberate path forward, Deloitte and the Manufacturing Institute have identified a number of strategic approaches that manufacturers could take to influence a more positive employment future. These considerations include:
* Taking advantage of the emerging workforce ecosystem
* Turning toward automation to supplement human jobs that are going unfilled
* Tapping into the resources from the retiring generation of baby boomers
* Developing in-house training that engages a multigeneration workforce
* Creating public–private partnerships
* Bolstering apprenticeship programs
Each of those are expanded in the full report. A good read for anyone interested in the manufacturing sector.
Is this AI? We drew you a flowchart to work it out | Karen Hao drew this flowchart to help understand if some gizmo actually involves AI or not:
The Benefits of Sharing Your Salary | Tim Herrera argues for salary publicy (well, he argues against salary secrecy, but I’m promoting one of my own coinages, publicy as the opposite of privacy or secrecy):
Open discussion of salaries among peers and co-workers, experts say, is a powerful tool to fight pay inequity.
Stack Overflow for Teams | Stack Overflow has released a private team version of the popular Q&A platform. Could be a great adjunct to organizational knowledge.
Public Attitudes Toward Computer Algorithms | The Pew Research Center’s Aaron Smith published research that shows
Majorities of Americans find it unacceptable to use algorithms to make decisions with real-world consequences for humans.
They are going to have to get used to it, I think.
A must read.
From the Archives
Work Futures Daily - Smells Like Teen Spirit | April 2018 | Automation and teen jobs; US apprenticeships; advantage blindness; Gallup’s State of the American Workforce Report
Quote of the Day
You must have a room, or a certain hour or so a day, where you don’t know what was in the newspapers that morning, you don’t know who your friends are, you don’t know what you owe anybody, you don’t know what anybody owes to you. This is a place where you can simply experience and bring forth what you are and what you might be. This is the place of creative incubation. At first you may find that nothing happens there. But if you have a sacred place and use it, something eventually will happen.
| Joseph Campbell
crossposted from workfutures.org.
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