The digital skills gap
Over two-thirds (69%) of hiring managers believe there is an IT skills gap in the NetSuite community, and 48% 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, 48% say that attracting talent with the right industry skills is their main challenge in bridging the gap.
To what extent is the skills gap affecting organizations’ strategic objectives?
How is the skills gap impacting on strategic objectives?
| Increased workload of current staff | 48% |
| Increased costs due to hiring contractors | 38% |
| Less growth than expected | 35% |
| Increased turnover (e.g., as a result of employee burnout or losing staff to competitors) | 33% |
| Difficulty keeping up with demand for services | 30% |
| Decreased profitability | 25% |
| Missing project deadlines | 19% |
| Other | 1% |
How are organizations looking to address the skills gap?
Need help navigating the hiring market in the ongoing skills shortage?
Finding NetSuite talent in the middle of a digital skills gap can be tough—but thankfully Anderson Frank is on hand to help you find your next hire. We have the largest database of NetSuite professionals anywhere across the globe, and can connect you with the world-leading professionals you need immediately.
Find your dream hire today with Candidate Search.
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 the gap is not an option.
The effect of not addressing it is self-destructive in many ways. Being unable to find NetSuite talent for your own team means existing employees are overworked and stressed, which tends to end up one way. People leaving your organization then puts more pressure on existing talent, which can strangle your business’s growth.
Closing the skills gap isn’t a short-term fix, nor is there only one solution. Whether you choose a contractor with the skillset to add immediate muscle as well as helping upskill your existing team, or helping to train them yourself (either internally or externally), the simple fact is that the skills gap is a problem affecting most of the community, and so fixing it will take a collective effort.
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.
