PwC has provided analysis to support the World Economic Forum in driving the move towards skills-first labour markets around the world.
Putting Skills First: Opportunities for Building Efficient and Equitable Labour Markets, highlights how organisations can tackle global skills and talent shortages by focusing on an individual’s skills and competencies for a particular role, rather than how the skills have been acquired. This report:
- identifies specific opportunities for intervention where the gains from skills-first solutions are most likely for employers and workers alike
- offers key takeaways regarding success factors in implementing skills first approaches
- includes a diverse set of Skills First examples (selected by an independent expert panel, organised by the World Economic Forum) to help bring this concept to life
“Creating resilient and productive labour markets hinges on addressing labour shortages, closing skills gaps and empowering workers with skills for the jobs of the future.”
This builds on the previous report, Putting Skills First: A Framework for Action, that presented a coherent skills-first framework for CEOs and governments, and demonstrated how some organisations are already benefiting from a skills-first culture.
Putting Skills First
A Framework for Action (May 2023)
Putting Skills First
Opportunities for Building Efficient and Equitable Labour Markets (January 2024)
“A skills-first approach can deliver sustainable economic, business and societal outcomes. Accessing alternative talent pools to address today's skills and labor shortages enables business model reinvention, fuels profitable growth, job creation and more inclusive employment opportunities.”
Tackling the global skills challenge
PwC is a founding member of the World Economic Forum’s Reskilling Revolution which seeks to empower one billion people with better education, skills, and economic opportunity by 2030.
Contact us
Andrea Plasschaert
Global Corporate Affairs and Communications, Director, PwC Switzerland
Tel: +41 79 599 9567
