With 50% of the workforce nearing retirement, you may soon have to replace knowledgeable veterans with younger, less experienced staff. In order to stay ahead of the curve and be competitive within the manufacturing industry, it is pertinent to recognize this trend and address it through proper training.
Building up your team’s expertise in spite of an aging workforce is a dubious task, however Swagelok can help you relieve the pressure and embrace change with our expert-led training.
Swagelok's essentials training can help your team prevent, diagnose and eliminate the skills gap that is associated with an aging workforce.
According to the World Economic Forum, approximately 65,000 people are reaching retirement age each day, and the engineering skills gap is growing. From 2014 and 2024, for example, demand for computing, advanced manufacturing and engineering jobs is expected to increase from 12 to 19 percent.
However, the rate at which industrial companies are struggling to fill these positions has skyrocketed from 14 to 40 percent over the past decade.
A recent study from Deloitte reveals 51 percent of respondents don’t have the skilled personnel or support teams to maintain high production and quality levels.
This, combined with the fact there seems to be a disconnect between what students are learning through engineering academia versus what is expected in the real world from companies and an aging workforce retiring with invaluable knowledge presents a real dilemma.
Let us help you!
Swagelok can bridge the gap and reduce costly inefficiencies through our various training courses. Click the links below to learn more about our individual courses: