Saturday, August 24, 2019

Skill Gaps In Health Sector

There is a lot of talk these days about a skills gap, but in fact, there is no evidence that a disconnect between employers and job seekers is growing in the economy overall. Unfortunately for healthcare though, such a gap appears to exist in that sector. Indeed data show that healthcare job seekers are less well-matched with opportunities in the field than job seekers.


Information:

A critical skill is one that, if not present, results in a task not being completed satisfactorily, if at all and the lack of a critical skill causes problems, but the possession of it allows work to continue.

The skills gap is threatening the country’s sustained economic growth and limiting opportunities for struggling workers. This is not the only challenge we face. Inadequate aggregate demand is the primary driver of unemployment and trends such as declining wages for entry-level jobs contribute to income inequality. We need solutions that address all these issues.

While millions of people are looking for jobs, employers report that they are struggling to find skilled workers. As a country, we need to address the question of whether we can afford… to write off nearly half of our younger-adult population as not having the skills needed to effectively engage as full and active participants in their own future and that of our nation.

Around the world, employers, educators, policymakers, training organizations, and others have recognized the critical importance of tackling the skills gap. Helping people develop the skills they need to compete for today’s jobs can transform lives and strengthen economies.

While we clearly foresee skill gap being a major contributor in hampering the efficiency of overall system, we need to think on the following proposed solutions to reduce the size of the problem immediately.




Whats going on?

The healthcare gap is particularly hard to close because of the specific skills and certifications required to become a healthcare professional. You can’t become a nurse overnight. Years of preparation are required before someone can be hired. This contrasts with tech, for example, which has few licensing requirements and a lower mismatch between employers and job seekers than either healthcare or the overall economy.

Of course, every sector has some segments where it’s easy to find workers and others where employers struggle. For healthcare, roles like nursing assistant, medical assistant, and dental assistant have more job seekers than job postings. But employers have a hard time filling positions that require years of training, such as many kinds of nurses, physical and occupational therapists, and speech-language pathologists.

Significance:

As noted above, healthcare employers must scramble more than their counterparts in other sectors to find workers, in part because of strict licensing requirements. Healthcare occupations have the highest percentage of licensed workers, according to 2015 BLS data. For example, registered nurses must be licensed and get specialized training for sub fields. Licensed practical nurses are required to complete an approved educational program and pass a national exam. And, to practice, speech-language pathologists typically need at least a master’s degree and, in most states, a license.

Of course, no one is advocating that regulations designed to protect patients be lifted in order to make it easier to find healthcare workers. These requirements underscore the importance of these jobs, and how vital it is to have skilled, knowledgeable professionals practicing in the field. Nonetheless, healthcare mismatch may have a greater impact on the economy as the sector grows. Employers need to find ways to close the gap, such as by investing more in training. Healthcare is not merely a large and growing part of our economy. It plays a unique role in society, one that will only become more critical as the population ages. Despite the challenges facing the healthcare labor market, it is essential that we do a better job of getting the right people in the right healthcare roles.

Strategy:

To quantify mismatch, we looked at resumes to compare job titles of job seekers from their current or most recent employment with the titles of Indeed job postings. The data is organized as monthly counts of job postings and resumes mapped to one of 6060 normalized titles. Employers use tens of thousands of job title variations to describe roles, so we normalize them by grouping together titles with slight variations. For example, the normalized title “licensed practical nurse” groups variations of that title plus the acronym LPN. We did not include resumes or job postings if the job title did not map to a normalized title. The healthcare sector is defined as a subset based on 562 normalized titles that can clearly be classified as healthcare. Both mismatch and jobs mix change are measured using a standard dissimilarity index. For further details, see our previous posts on tech mismatch from February of 2018, on overall mismatch from September of 2018, and the associated methodology materials.


Disclaimer: Following article sources are Hiring Lab & Economic Times.

Sunday, August 18, 2019

What is Skill Gap?

Skill Gap is the difference in the skills required on the job and the actual skills possessed by the employees. Skill gap presents an opportunity for the company and the employee to identify the missing skills and try to gain them.


It is common these days to hear people talking about skill gaps. A skill gap is a gap between what employers want or need their employees to be able to do, and what those employees can actually do when they walk into work.



Skill Gap Analysis:


Identifying skill gaps is essential for the companies to ensure that the workforce is well trained, knowledgeable & better equipped to perform the job. An Employee Skill Gap analysis helps achieve the following objectives:

1. Helps one refine and define skills the agency needs, now and in the future

2.Make employees aware about the critical skills they’ll need to grow

3. Helps in recruiting efforts when current employees don’t have the skills or the interest

In terms of banking, an example of a skill gap could be if an employee lacked the ability to cash government bonds.

Example of Skill Gap:


If a job role requires an employee in technology company to know a programming language and a database and the employee knows only one language. This means there is a gap in skills. The employee can improve this by learning the missing skill.

Skills gaps are imaginary. Just because a hiring manager says that they want a person who can fly and sing Italian opera while they're writing code does not mean that such people exist, and certainly not for the designated salary. Strong leaders operate in the real world.

Skill Gap Solutions:


There are several ways in which employee skill gaps can be reduced thereby benefiting the organization. Some solutions for skill gap are:

1. Better training of employees so that they acquire the required skills to complete a particular task

2. Skill gap can be reduced by exposing employees to better resources & help them improve their knowledge

3. Hire a third party which has got the required skill to execute the job

4. Recruitment and selection of better skilled employees can remove the skill gap as a long term perspective

Hence, this concludes the definition of Skill Gap along with its overview.


Disclaimer: Following article sources are mbaskool & Forbes.



Thursday, August 15, 2019

Best Paying Tech Jobs In India

India’s booming IT scene is creating a wealth of high paying opportunities, according to a new study identifying the country’s five most lucrative tech professions right now.

The new report from jobs site Indeed found that technology roles in India have grown consistently over the past five years, as more companies are expanding their IT capabilities. What’s more, employers are willing to pay well for top talent who can lead the way, particularly in the fields of development, analytics and data.

Technology jobs in India increased by 8% in the five years from February 2014 to February 2019, the study found, based on posts to its jobs site. In the past year alone, technology job postings on the site shot up by a dramatic 31%.

The majority of jobs were concentrated in the vibrant tech city of Bengaluru (25%), followed by Pune (9%), Hyderabad (8%), Chennai (7%) and Mumbai (5%).


“Job seekers, therefore, must continuously up skill themselves in order to enhance their career prospects for the long run.”


1. Data warehouse architect

Median annual salary: 1,500,000 Indian rupees (approx. $21,110)

Upper annual salary: 2,500,000 Indian rupees (approx. $35,228)

In computing, a data warehouse — also known as an enterprise data warehouse — is a system for reporting and analysis, which is considered a crucial aspect of business intelligence.

A data warehouse architect is responsible for designing such data warehouse systems and improving existing ones to support businesses.


2. Senior technical lead

Median annual salary: 1,200,000 Indian rupees (approx. $16,909)

Upper annual salary: 2,500,000 Indian rupees (approx. $35,228)

A technical lead is a common role within the field of IT development, and typically involves designing and building complex software solutions.


3. Analytics manager

Median annual salary: 1,150,000 Indian rupees (approx. $16,207)

Upper annual salary: 2,400,000 Indian rupees (approx. $33,828)

With the ability to analyze and assess complex data sets, analytics managers combine their technical skills with industry knowledge to help businesses with their decision making processes.


4. Technical project manager

Median annual salary: 1,000,000 Indian rupees (approx. $14,096)

Upper annual salary: 2,400,000 Indian rupees (approx. $33,828)

A technical project manager is responsible for leading assigned projects, and overseeing each project’s life cycle from conception to completion, with an emphasis on technical soundness and resource efficiency.


5. Lead developer

Median annual salary: 1,000,000 Indian rupees (approx. $14,096)

Upper annual salary: 2,400,000 Indian rupees (approx. $33,828)

A lead developer is a software engineer with responsibility for one or more software projects, which may range from app development to program creation.


Disclaimer: Following article source is CNBC

Thursday, June 13, 2019

Jobs In Demand



With machine learning, artificial intelligence, quantum computing and other
high-tech advances, most of us have wondered if our jobs will be taken over by
technology. The bad news is, this is already happening for some professions
doing rote work, such as telemarketers.

The good news is, studies show that some jobs are less at risk than others,
because they are complex rather than predictable, or require the kind of
creativity or emotional intelligence that machines don’t yet possess. So here
are 25 jobs that will not disappear anytime soon.



1. Mental Health and Substance Abuse Social Workers


These health care professionals are “what you probably think of when you hear the word ‘therapist.’ They have ongoing clinical relationships with individuals, couples, families, and groups in community treatment programs, schools, or office settings.” These complex human relationships and insights into what drives behavior make the profession nearly future-proof.


2. Choreographers




A choreographer is an artist who designs and directs dance routines and
performances that will entertain, inspire and sometimes challenge audiences.
A quintessentially creative profession-combining music and
movement-choreography is beyond the capability of machines right now and
for the foreseeable future.




3. Teachers




Teachers not only need to know a lot, they must shape the development of
their students, with keen insights into their character, their abilities and what
motivates them. Empathy and a nurturing nature are important characteristics.
While teachers increasingly must know how to use new technology to do their
jobs, they are unlikely to be replaced by it.





4. Supervisors of Police and Detectives




These law enforcement professionals, including police sergeants and captains
are tasked with coordinating criminal investigations, providing their expertise
and guidance to investigators. Their work requires leadership and
problem-solving skills, a thorough knowledge of police procedures, grace under
pressure and other qualities.





5. Clergy




In different religious traditions, a clergy person is an ordained member who
conducts religious worship, carries out official rites and provides spiritual
assistance, moral guidance and support to congregation members. Dealing
with personal, emotional, spiritual, societal and other issues makes the clergy’s
job hard to replicate by machines.




6. Marketing and Professional Drivers




According to The Independent: “Machines aren't great at critical thinking, or
coming up with new and exciting ideas.... People who design for a living, or
who work with ideas, words and images will probably survive the increase in
automation, because machines don't function like humans. Not yet, at least.”




7. Psychiatrists





One of the things that’s hard for machines to replicate is emotional intelligence.
A fair bit of this is required by psychiatrists as they diagnose, treat and try to
prevent a variety of mental, emotional and behavioral disorders in their patients.





8. Human Resource Managers




While computers may search resumes for the right keywords, narrowing down
the field for job candidates, human resources managers also have insights into
what makes people tick personally and professionally that they rely on as they
recruit, interview and hire new staff. Mediating disputes, handling disciplinary
actions, planning strategically to make the best uses of the workforce’s talents
also require serious people skills.






9. Athletic Trainers



As much as fitness devices like Fit bit are all the rage, it still takes the personal
touch of a fitness trainer to keep people motivated and on track for their
exercise goals. And with an aging population, and all the associated maladies,
the U.S. Bureau of Labor Statistics predicts that from 2016 to 2026 the
profession should grow by 23%, much faster than average.





10. Data Scientist




While machines are great at amassing data, sometimes it takes a human to
understand the story it is telling in its algorithms and code. According to the
book Doing Data Science: “A data scientist is someone who knows how to
extract meaning from and interpret data, which requires both tools and methods
from statistics and machine learning, as well as being human.”





11. Marriage and Family Therapist




These therapists also need emotional intelligence and human insight to do
their jobs, as they “treat a wide range of serious clinical problems including:
depression, marital problems, anxiety, individual psychological problems, and
child-parent problems.” With a 23% predicted employment growth from 2016
to 2026, their job prospects outstrip many other professions.





12. Gig Workers




In today’s growing gig economy, temporary, flexible jobs are becoming more
common, with numbers of freelance workers and contract employees growing
compared to full-time staff. Often their work is related to technology, such as
Uber and Lyft drivers, and food bicycle delivery people. The work requires
flexibility and independence—something machines aren't known for.





13. Dentists




People aren't crazy about other people poking around their mouths; they’re
even less eager to have machines take over the role. With nice salaries to boot,
(human) dentists will continue to find a growing demand for their services,
diagnosing and treating problems of the teeth, gums and other mouth parts.





14. Music Directors and Composers




Creativity is the hallmark of the composers who write and arrange original
music and the directors, or conductors, who lead musical groups during
performances and recording sessions. With the number of people attending
musical and theatrical performances expected to stay steady in the years
ahead, the profession will still be needed, although with increased
competition for jobs.



15. Registered Nurse




An aging baby boomer population will ensure that demand stays high for
registered nurses, who work in hospitals, clinics, assisted-living facilities,
homes, schools and more. They also provide specialized care in areas such
as cardiac care, midwifery, family practice, geriatrics, labor and delivery and
emergency nursing.”




16. Conservation Scientist and Foresters




The continuing need to prevent and deal with forest fires, as well as consumer
demand for wood pellets, will ensure that conservation scientists and foresters
are around to plan, maintain and preserve public and private woodlands. In
the future, the best job prospects will be for the professionals who well know
geographic information system (GIS) technology, remote sensing and other
software tools.




17. Cybersecurity Experts




With the growing number of cyber attacks threatening our increasingly
connected workplaces, cybersecurity is a profession that will continue to
command good wages and grow—conservative estimates predict that job
growth in the sector will be 37% a year through 2022. Good for those in the
field; alarming for the rest of us. And a case of how technology is creating new
jobs.




18. Multimedia Artists and Animators




With the high demand for animation and visual effects in video games,
television, movies and online, employment prospects for this profession will
remain steady. While multimedia artists and animators must use the latest
technology in their work, the creativity they bring to projects keeps the
machines as tools, instead of masters.





19. Chief Executives




Whether an organization is large or small, its chief executive has their hand
at the helm, devising strategies and policies to ensure that it stays on track
and meets set targets. Long hours, high stress, and plump salaries and
bonuses are part of the job for both public and private sector chief
executives. As long as there are organizations, there’ll be a demand for
leadership.




20. Dietitians and Nutritionist



An aging and increasingly obese population, and the rise of diseases such
as diabetes and heart disease, will help keep demand for dietitians and
nutritionists high, with employment projected to grow by 14% over the next
decade. These professionals are experts in using food and nutrition to
promote healthy lifestyles and manage disease.





21. Mechanical Engineers




While machines are on the rise, you still need people to create and care for
them. Mechanical engineers help design, make prototypes, test, refine and
produce just about any kind of machine you can think of. These include ones
for the automotive industry, aerospace and transport industries, power
generation, refineries, insurance industries, building services, railway
systems design and other sectors.



22. Coaches and Scouts




Coaches and scouts find and refine athletic talent. Coaches give amateur
and professional athletes the training and skills they need to become
contenders in their sports. And scouts track down new players, assessing
their skills and how likely they are to be successful. With high interest in
college and professional sports, the demand for this profession will grow at a
rate faster than most other jobs.






23. Physicians




“Some say technology will replace 80% of doctors in the future.
I disagree,” writes Dr. Bertalan Mesk√≥. “Instead, technology will finally allow
doctors to focus on what makes them good physicians: treating patients and
innovating, while automation does the repetitive part of the work.”
A growing and aging population will help ensure the demand for physicians
grows.





24. Recreation Workers



Recreation workers keep people active and healthy with fitness and
recreational activities in sports centers, camps, nursing homes, community
centers, parks and elsewhere. With an increasing societal focus on lifelong
health and wellbeing, these professionals will continue to be in demand to
work with people of all ages in a variety of settings.







25. Executive Chefs



While automation will take over some food production jobs (and already has),
people will always want a good meal out. Combining manual skills with great
creativity, an executive chef knows how to mix flavors and create innovative
menus in ways that will future-proof their profession. Fast-food chefs, however,
are susceptible to automation and AI burger-flipping assistants.

Disclaimer: Following article came from MSNmoney