Well, job seekers, are you ready to hear some good news? More than three-quarters of U.S. private companies plan to hire over the next two years, according to the PricewaterhouseCoopers Private Company Trendsetter Barometer. Additionally, the majority of Trendsetter CEOs identified skill gaps in their current workforce. Could they perhaps be looking for someone with your skills?
Talent management will be a top priority in the next 12 months, as many private companies are focusing on strategic growth in their workforces. The largest skill gaps identified were in middle management (53 percent) and skilled labor (48 percent).
The top workplace skills hiring companies will need in the coming months are as follows:
- Marketing & sales: 52 percent of all firms say they will need candidates with skills in marketing and sales, and a whopping 65 percent of firms with skill gaps will need candidates with marketing expertise in the coming year or two.
- Information technology: Technology is a core competency in most companies, and 30 percent of Trendsetter participants stated they would be hiring individuals with expertise in this field in the next 12-24 months.
- Engineering/design: 25 percent of all respondents identified they’ll be hiring candidates with skills in engineering or design, while 35 percent of firms with skill gaps will be looking for these individuals.
- Financial/bookkeeping: While only 17 percent of firms with the right skills anticipate needing candidates with skills in bookkeeping, 28 percent of firms with skill gaps say they’ll need individuals with these skills.
- Clerical workers: 25 percent of all firms say employees with clerical skills will be hired over the next 1-2 years.
- Manufacturing: 19 percent of firms with skill gaps will need to hire employees with manufacturing skills, whereas only 4 percent of firms with the right skills need these individuals.
- International marketing: 11 percent of all firms stated that, in the next 12-24 months, they need individuals with skills in international marketing.
According to the Trendsetter Barometer, businesses that have skill gaps expect to grow at a rate of 11.4 percent over the next 12 months. They’re also planning major new investments and 69 percent of firms with skill gaps plan to hire new employees in the coming months.
What skills do you have (or can you learn) to fill in these skill gaps in the coming months?