A dwindling supply of college graduates in STEM fields matched with an increasing supply of future STEM jobs is a recipe for labor shortages and constraints on economic growth.
Yesterday, Mass High Tech issued a call to action for businesses help build a pipeline of workers with STEM skills. Making investments to skill up our current workforce is a great place to start. There are great examples of businesses who have stepped up to provide on-site skills training, tuition advancement, and release time, not only to managers but also to line level staff in order to facilitate their education and advancement and build a pipeline of talent for critical positions.
Two-thirds of our 2020 workforce is in the workforce today. While it’s important to build a K-12 STEM pipeline, it’s also critical to invest in today’s workers.
Right here in Massachusetts, Nypro has a partnership with Fitchburg State College to deliver a plastics technology certificate program that’s both customized to their needs but that also articulates to a portable Associates Degree. This provides tremendous opportunity for both incumbent workers at Nypro to upgrade their skills as well as job seekers interested in a career in manufacturing. In fact, Nypro’s Angelo Sabatolo, Corporate Director of Training and Organizational Development, recently shared that many students enrolled in Nypro University are not Nypro employees, and that Nypro does sometimes end up training their competitors. He says, however, that Nypro sees its investment in training as a way to build its own workforce as well as a way to strengthen the industry as a whole.
As Mr. Sabatalo says, “The development and sustainability of a quality workforce demands a significant and continued investment in education and training. [H]uman capital is our most valuable asset. [L]earning and professional development (are) strategic elements to our success.”
The same holds true for the Commonwealth.