Competition for skilled employees There is huge competition for skilled employees and this competition
will increase as the baby boomer generation will start to retire. As the occupational structure of the U.S.
economy has shifted, skill requirements have changed. The demand for specific skills has being replaced
by a need for cognitive skills-mathematical and verbal reasoning ability-and interpersonal skills
concerned with working in teams or to interact with “customers” in a service economy (e.g., patients,
students, vendors, suppliers). Interpersonal skills are important because in the service-oriented
economy employees must take responsibility for the final product or service. Variety and customization
require employees to be creative and good problem solvers. Continuous innovation requires the ability
to learn. Source: http://www.dataconversionjobs.com B. Attracting and retaining employees becomes a
challenge As competition is increasing for employees, attracting and retaining employees has become a
challenge. To ensure that your organization remains a desirable place to work, it is important that
employers provide learning opportunities and environment to employees. Another important fact for
development is that one should be able to use one’s own skills and abilities on the job. This will help
individuals in promotion and career advancement. Today attracting and retaining an employee is a
challenge as each sector has specific requirement for example child care workforce is critical to
providing high quality child care that benefits children’s early development and learning. The challenge
for the sector is to increase the skills and education of the child care workforce to improve the quality of
early learning and care that children experience