How Tech
Companies Can Help Upskill the U.S. Workforce
HBR:
2.20.2018 by Kausik Rajgopal & Steve Westly
 |
Software businesses are disrupting generations-old industries, from agriculture to entertainment. Programming wizards are amassing billion-dollar fortunes, and this may be just the beginning. Even average tech employees in their mid-twenties are raking in 6-figure paychecks.
Unfortunately,
a huge section of the workforce cannot capitalize on these opportunities. In
2015, there were 7 million
jobs that required some level of coding skills, and programming jobs are
growing 12% faster than market average. But to meet this demand and address
income inequality, we have to provide better access to technical learning for
those who work in lower-paying industries.
It’s
now time for business, particularly technology companies, to harness the power
of technology to help turn the tide. Three key initiatives can help:
➤ Supplementing
K-12 with vocational training programs
➤ Increasing
access to job retraining for adults
➤ Empowering
lower-skilled workers to continuously “upskill” on the job.
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By 2020, 65%
of all jobs will require some college training. At current graduation
rates, the U.S. will fall short of this goal by 5 million workers. Vocational
Technical (VoTech)
training programs for high school students are key to helping them specialize
in in-demand technology-related fields, and be ready for the job market. READ
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