This guest blog post was written by Ram Ramamoorthy, strategic manufacturing solutions manager at MAVERICK Technologies, in conjunction with an ISA co-hosted webinar on closing the skills gap. Want to view Part 2 of this blog post-webinar series on the skilled worker shortage? Click here to read Part 2 and watch the second recorded webinar in this series.
The manufacturing renaissance has been a driving force in the country’s economic recovery. And it makes sense — after all, every dollar spent in manufacturing returns $1.37 to the economy, and every 100 new manufacturing jobs creates an additional 250 jobs in other sectors. Yet even as the industry continues to pick up speed, the generation responsible for this resurgence is looking toward retirement.
Millions of manufacturing jobs will need to be filled in the next 10-15 years, according to a recent study by the Manufacturing Institute and Deloitte. Due to the growing skills gap, however, as many as 2 million of those jobs won’t have experienced workers to step in and fill them.
In addition to baby boomer retirement and economic expansion, the shortage of skilled workers can be attributed to the increasingly technical nature of manufacturing work and the decline in related education programs. It also doesn’t help that many young adults have a negative perception of the manufacturing industry. So how do we turn things around?
Here are five ways to start closing the skills gap today:
Though there’s no silver bullet for solving the skills shortage, strategic investment in skills development and targeted recruiting are your best bets for surviving it. Don’t be tempted to limit spending on training and recruiting so as not to lose it to turnover. Give your workers a reason to stick around — and give new graduates a reason to apply. After all, if you haven’t narrowed the skills gap by the time your baby boomers retire, you stand to lose a lot more.
Want to view Part 2 of this blog post-webinar series on the skilled worker shortage? Click here to read Part 2 and watch the second recorded webinar in this series.
About the Author and Presenter
Ram Ramamoorthy has more than 15 years of industrial automation experience. He is currently the strategic manufacturing solutions manager at MAVERICK Technologies overseeing the Sustaining Services practice. Ram has been in this position for 4 years and is responsible for the daily operations of the Global Operations Center, PlantFloor24. He is responsible for staffing, training and developing PlantFloor24 resources. The center provides a wide range of on-demand industrial control system and manufacturing IT support services on a 24/7/365 basis. Ram has a master’s in electrical engineering from the Southern Illinois University, Edwardsville and works in MAVERICK’s Columbia, Ill. office.