Skill Gap

Posted in Human Resource Terms, Total Reads: 16159
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Definition: Skill Gap

Skill Gap is the difference in the skills required on the job and the actual skills possessed by the employees. Skill gap presents an opportunity for the company and the employee to identify the missing skills and try to gain them.

Employees are recruited by companies to work on fulfilling company objectives. Hence, people with the correct skill sets are recruited by companies. However, often it happens that employees lack certain knowledge & training which creates a skill gap. Because of this the employee is unable to perform the complete job. 


Skill Gap Analysis

Identifying skill gaps is essential for the companies to ensure that the workforce is well trained, knowledgeable & better equipped to perform the job. An Employee Skill Gap analysis helps achieve the following objectives:

1. Helps one refine and define skills the agency needs, now and in the future

2.Make employees aware about the critical skills they’ll need to grow

3. Helps in recruiting efforts when current employees don’t have the skills or the interest

In terms of banking, an example of a skill gap could be if an employee lacked the ability to cash government bonds.


Example of Skill Gap

If a job role requires an employee in technology company to know a programming language and a database and the employee knows only one language. This means there is a gap in skills. The employee can improve this by learning the missing skill.


Skill Gap Solutions

There are several ways in which employee skill gaps can be reduced thereby benefiting the organization. Some solutions for skill gap are:

1. Better training of employees so that they acquire the required skills to complete a particular task

2. Skill gap can be reduced by exposing employees to better resources & help them improve their knowledge

3. Hire a third party which has got the required skill to execute the job

4. Recruitment and selection of better skilled employees can remove the skill gap as a long term perspective

Search & Explore : Management Dictionary

Browse the definition and meaning of more terms similar to Skill Gap. The Management Dictionary covers over 7000 business concepts from 6 categories.

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