71% of CEOs anticipate the skills and labor shortage will be a huge business disrupter, costing them trillions of dollars by the end of the decade. Meanwhile, job openings in the technology sector nearly doubled in 2021 while the applicant pool declined by nearly a quarter. With many of these jobs left unfilled, organizations are struggling to compete and increasingly turning to innovative talent development solutions such as Wiley Edge.
Wiley Edge's dual solution aims at custom-training emerging talent, such as new graduates, and re-skilling existing employees. For enterprises, this allows them to bridge the skills gap, ensuring that their employees can match the evolving demand of the workplace. For individuals, this hugely increases their capability of being hired.
Institutions in North America, EMEA and APAC, from government agencies to tier one investment banks to fintechs, have already used Wiley Edge. The first quarter of 2024 saw the company's acquisition by London-based Inspirit Capital. Wiley Edge will use this as an opportunity to streamline its services and make steps towards efficiency. This will be especially important moving forward, as everything we know about employment is changing with automation, AI, and new workplaces. Keeping on top of this will be a huge task for almost every industry, meaning that Wiley Edge's services have never been in higher demand.
Kirsty
Company Specialist at Welcome to the Jungle
