Workforce Development Terms

Front

Skills shortage

Back

When there aren’t enough qualified workers to fill available jobs.

Example: The construction industry is struggling with a skills shortage of qualified engineers.

Front

Aging workforce

Back

A situation where a large percentage of employees are older and approaching retirement.

Example: Many European countries are facing challenges due to an aging workforce.

Front

Talent pipeline

Back

The pool of candidates prepared to fill future roles within an organization.

Example: The company is developing a talent pipeline through university partnerships.

Front

Upskilling

Back

Training employees to learn new skills for their current or future roles.

Example: The HR department launched an upskilling initiative to improve digital literacy.

Front

Flexible working

Back

Work arrangements that allow employees to vary when, where, or how they work.

Example: Flexible working policies boosted productivity and employee satisfaction.

Front

Internal mobility

Back

The ability for employees to move to new roles or positions within the same organization.

Example: Internal mobility programs encourage employees to grow their careers without leaving the company.