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Apprenticeships Are Making a Comeback. Here's How to Set Up One at Your Company

Jade Yourth
Industry Insights
a male's feet at the end of a diving board

Frustrated by the thinning talent pool? It's time to get your feet wet.

 

If you're feeling frustrated by the shortage of applicants to choose from, you're not alone. A report found that 40 percent of organizations are having a difficult time filling positions, siting a lack of candidates, experience, and hard skills as the main culprits. 

Without the right people in place, your company will suffer internally and externally. From stalled innovation to a broken corporate culture, one vacant role can have a domino effect on your business. 

The stakes become particularly high if you're searching for experienced professionals in notoriously competitive fields like technology and engineering. Not only are these roles considered hot commodities, but they demand six-figure salaries and hefty work perks. So in a climate where talent is scarce and competition is high, what's a leader to do?

Some may settle on someone who isn't a cultural fit, but ticks most of the technical boxes. Others may hire two or three people with some of the skills sets, hoping their combined qualifications will make-up for the one person they can't find. In some cases, a leader may just give up all together and outsource the role to a contractor or agency. 

If you're feeling frustrated by the shortage of applicants to choose from, you're not alone. A report found that 40 percent of organizations are having a difficult time filling positions, siting a lack of candidates, experience, and hard skills as the main culprits. 

Without the right people in place, your company will suffer internally and externally. From stalled innovation to a broken corporate culture, one vacant role can have a domino effect on your business. 

The stakes become particularly high if you're searching for experienced professionals in notoriously competitive fields like technology and engineering. Not only are these roles considered hot commodities, but they demand six-figure salaries and hefty work perks. So in a climate where talent is scarce and competition is high, what's a leader to do?

Some may settle on someone who isn't a cultural fit, but ticks most of the technical boxes. Others may hire two or three people with some of the skills sets, hoping their combined qualifications will make-up for the one person they can't find. In some cases, a leader may just give up all together and outsource the role to a contractor or agency. 

 

Founder and chief executive, Creative Niche