ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Entry-level Workers Less Prepared for Work Than Five Years Ago, According to General Assembly Study

One-third of Baby Boomers would not hire today’s entry-level employees, survey finds

Most employees and executives believe today’s entry-level workers are not well-prepared for their jobs, according to research conducted by General Assembly, a tech talent and training solutions provider.

Less than half (48%) of employees–and only 12% of mid-level executives–believe today’s entry-level employees are well-prepared to do their jobs, General Assembly found in separate surveys of employed adults and vice presidents/directors in the US and UK.

“The entry-level employee pipeline is broken,” said Jourdan Hathaway, chief business officer at General Assembly. “Companies must rethink how they source, train and onboard employees. There are evidence-based approaches to improving workforce readiness. Technology apprenticeships and skill training programs, for example, provide employees with experience that mimics a real work environment, allowing them to build communication and collaboration skills alongside technical skills.”

The study’s findings include:

  • Significant group won’t hire today’s entry-level employees: More than a quarter (27%) of VPs and directors would not hire today’s entry-level employees. Neither would 23% of employed adults, including a third of Baby Boomers (33%).
  • New hires lack soft skills: Roughly half (49%) of executives and 37% of employees selected a lack of soft skills as the top reason entry-level workers seem unprepared, followed by not having the right attitude (28% of executives, 30% of employees) and not having the right technical skills (13% of executives, 16% of employees).
    • More than two in five Gen Z respondents (40%) agreed that soft skills are the top shortcoming of today’s entry-level workforce.
  • Employers don’t provide enough training: One-third of executives (33%) and more than a quarter of employees (26%) said their employers don’t provide adequate training to new employees.
    • People who believe entry-level employees are unprepared for their jobs were more likely to work at companies that didn’t provide enough training for new hires, with 58% of this group saying their employer doesn’t do enough.
    • Nearly one in five (19%) employees said their employers provide little to no training to new hires.
    • More than two in five executives (41%) said their companies do not offer employees a learning stipend or training/education budget–and of those who do, a sizable proportion (43%) report employees use these stipends only sometimes, rarely or never.

The survey also found that most employees (64%) and executives (74%) believe employees themselves should be responsible for their job readiness. However, many said that employers (63% of employees, 66% of executives) and educational institutions (53% of employees, 73% of executives) should also share that responsibility. In the UK, employees were twice as likely to say the government should be responsible, with 24% saying so compared to only 10% of Americans. UK executives were more than 7x more likely to say this than their US counterparts.

“When we see a trend impacting so many people, we have to take a step back and consider that the system needs to change,” said Lupe Colangelo, director of alumni engagement and employer partnerships at General Assembly. “People clearly need more support to enter the workforce and succeed. We can’t expect individual employees to close today’s skills gaps on their own. Businesses, governments and educational institutions must come together to modernize how we approach workforce readiness.”

Additional insights from the research can be found here. General Assembly surveyed 1,180 employed adults in the US and UK from October 9 to 11, 2024 and 393 vice presidents in the US and directors/VPs in the UK from October 10 to 23, 2024.

To learn more about how you can modernize your entry-level tech talent pipeline, visit generalassemb.ly/employers.

About General Assembly

General Assembly (GA) is the leading talent and upskilling community that helps individuals and businesses acquire the real skills required to succeed in an increasingly complex technological era. Founded in 2011 to make tech-centric jobs accessible to anyone and meet the demand of fast-growing tech companies, GA evolved into a center of excellence in training people from all backgrounds to upgrade their practical knowledge of tech skills now required in every company and in any role. With a global presence, hands-on instruction, and a passionate alumni community, GA gives learners 360-degree support as they take the next step in their career journey. As part of the Adecco Group and partner of premier talent solutions provider LHH, GA matches the right talent to business needs. All day, every day: GA puts real skills to work.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+0.00 (0.00%)
AAPL  268.47
+0.00 (0.00%)
AMD  233.54
+0.00 (0.00%)
BAC  53.20
+0.00 (0.00%)
GOOG  279.70
+0.00 (0.00%)
META  621.71
+0.00 (0.00%)
MSFT  496.82
+0.00 (0.00%)
NVDA  188.15
+0.00 (0.00%)
ORCL  239.26
+0.00 (0.00%)
TSLA  429.52
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.