The digital skills gap
The digital skills gap continues to dominate conversations across the NetSuite community. This section looks at how severe the problem is, and how it impacts organizations around the world.
The digital skills gap
The digital skills gap continues to dominate conversations across the NetSuite community. This section looks at how severe the problem is, and how it impacts organizations around the world.
The digital skills gap
A little under two-thirds (59%) of hiring managers believe there is an IT skills gap in the NetSuite community, and 53% of those respondents say that the skills gap has increased in the last 12 months.
What is the biggest challenge you face in closing the digital skills gap?
Among those who believe there is an IT skills gap, 50% say that the lack of qualified talent is their main challenge in bridging the gap.
What is the biggest challenge you face in closing the digital skills gap?
Among those who believe there is an IT skills gap, 50% say that the lack of qualified talent is their main challenge in bridging the gap.
To what extent is the skills gap affecting organizations’ strategic objectives?
Interestingly, all hiring managers who believe there to be a skills gap consider that this lack of skilled resource will have some impact on their organizations’ strategic objectives.
To what extent is the skills gap affecting organizations’ strategic objectives?
Interestingly, all hiring managers who believe there to be a skills gap consider that this lack of skilled resource will have some impact on their organizations’ strategic objectives.
How is the skills gap impacting on strategic objectives?
How is the skills gap impacting on
strategic objectives?
| Increased workload of current staff | 39% |
| Increased employee turnover (e.g., as a result of employee burnout or losing staff to competitors) | 37% |
| Less growth than expected | 33% |
| Increased costs due to hiring contractors | 28% |
| Decreased profitability | 20% |
| Difficulty keeping up with demand for services | 20% |
| Missing project deadlines | 17% |
How are organizations looking to address the skills gap?
Need help navigating the hiring market in the ongoing skills shortage?
Need help navigating the hiring market in the ongoing skills shortage?
Conclusion
With two-thirds of hiring managers confirming that the digital skills gap is a problem, one that affects 50% of them significantly, it’s safe to say that it’s an issue that continues to dominate the ecosystem. As the platform continues to grow and bring value to more and more organizations, ignoring it is not an option.
Our key findings report contains highlights from this year’s Careers and Hiring Guide, plus our salary tables allow you to compare your salary or benchmark your teams’ salaries no matter their role in the NetSuite ecosystem.
