In June 2024, ETS and SHRM announced their initiative to develop a Skills-Based Talent Ecosystem. The initiative focuses on three talent-specific elements that are important to addressing the future of work: (1) individualized career insights; (2) personalized learning/upskilling recommendations; and (3) a SHRM-developed skills-based talent-management certification for Human Resources (HR) professionals.
Continuous skill acquisition and measurement are necessities in a world in which skills are evolving and can rapidly become obsolete. According to ETS’s Human Progress Report (2024) which surveyed more than 17,000 people across 17 countries, 75% of global respondents acknowledged that their current skills may become outdated as technology and industries evolve. As a result, they expressed a need and desire for reskilling opportunities but concerns around access were apparent.
The SHRM skills-based hiring certification and larger dually developed ecosystem offering co-designed by ETS and SHRM will help facilitate more equitable and efficient flow, identification, acquisition, support, training/upskilling, and retention of talent across the learning-to-work continuum.
SHRM’s 2023-2024 State of the Workplace Report found that the top three priorities for organizations in 2024, according to HR professionals, are: (1) maintaining employee morale and engagement (81%); (2) retaining top talent (78%), and (3) finding and recruiting talent with the necessary skills (70%).
2023-2024 State of the Workplace Report
2024 Human Progress Report: ETS Human Progress Index is an annual survey that explores sentiment across three major factors: accessing education, upward mobility, upskilling / reskilling
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