Further training = investment in the future

A current IHS study shows: Companies that save on further training are saving on their own future! IHS study “Financing of adult and further education in Austria (and selected comparison countries)” by Stefan Vogtenhuber, Isabella Juen, Lorenz Lassnigg, June 2021.

The current complaints of many companies about the nationwide shortage of skilled workers - in the catering and tourism sectors alone there is a shortage of up to 35.000 employees - are partly "homemade", the AK Vienna states soberingly. A STUDY commissioned by the IHS Vienna shows a sharp decline in company investments in further training from 41 to 31 percent.

If this can be claimed, it is mostly by male employees or employees with higher qualifications. Women are definitely disadvantaged, especially those with lower qualifications. Aside from Austria, only Finland has a similarly below-average participation rate among low-skilled workers in further vocational training combined with little financial participation in companies.

Ilkim Erdost, Head of Education at AK Vienna, therefore appeals to companies to take responsibility: "If you want well-qualified and motivated staff, you have to do something about it: invest in training and further education as well as better working conditions."

This is exactly where FairPlusService comes in. By raising awareness of equality and training issues, companies can increase their attractiveness to employees and, ideally, develop skilled workers in-house. Employees with low qualifications, in turn, recognize their potential and are encouraged to advance.

IHS study “Financing of adult and continuing education in Austria (and selected comparison countries)” by Stefan Vogtenhuber, Isabella Juen, Lorenz Lassnigg, June 2021: https://core.ac.uk/download/491207365.pdf

The current complaints of many companies about the nationwide shortage of skilled workers - in the catering and tourism sectors alone there is a shortage of up to 35.000 employees - are partly "homemade", the AK Vienna states soberingly. A STUDY commissioned by the IHS Vienna shows a sharp decline in company investments in further training from 41 to 31 percent.

If this can be claimed, it is mostly by male employees or employees with higher qualifications. Women are definitely disadvantaged, especially those with lower qualifications. Aside from Austria, only Finland has a similarly below-average participation rate among low-skilled workers in further vocational training combined with little financial participation in companies.

Ilkim Erdost, Head of Education at AK Vienna, therefore appeals to companies to take responsibility: "If you want well-qualified and motivated staff, you have to do something about it: invest in training and further education as well as better working conditions."

This is exactly where FairPlusService comes in. By raising awareness of equality and training issues, companies can increase their attractiveness to employees and, ideally, develop skilled workers in-house. Employees with low qualifications, in turn, recognize their potential and are encouraged to advance.

IHS study “Financing of adult and continuing education in Austria (and selected comparison countries)” by Stefan Vogtenhuber, Isabella Juen, Lorenz Lassnigg, June 2021: https://core.ac.uk/download/491207365.pdf

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