Members of Business Champions Initiative to Share Employee Retention, Mobility Strategies
Online PR News – 10-May-2017 – Chicago, IL – Dozens of influential leaders from some of the country's best known companies are attending a meeting of the employer-led Business Champions Supporting Adult Credential Completion (Business Champions) initiative, administered by the Council for Adult and Experiential Learning (CAEL). To be held May 10 at Business Champions member Bright Horizons' offices in Boston, the meeting will cover a range of topics, but will focus on improving retention through education, including apprenticeships and enhancing career mobility.
"Top leaders from companies around the country are working together to continue to drive our workforce into the next decade," said CAEL President and CEO Pamela Tate. "At CAEL, we're constantly reminded that in the next decade, more than half of all American jobs will require employees with postsecondary credentials, and we are delighted that so many companies are embracing this initiative."
Funded by Lumina Foundation, Business Champions includes leading companies across the United States representing a wide variety of sectors from agriculture to health care to retail. Through the initiative members share programs and best practices that encourage credential completion and demonstrate how this commitment helps their businesses grow and prosper. This meeting will provide opportunities for participants to share case studies describing successful business/higher-ed partnerships involving Business Champions' companies.
Increasing postsecondary credential achievement is critical to keeping the country competitive. A study by Georgetown University Center on Education and the Workforce shows that the nation is currently on track, by 2020, to have a shortage of 5 million workers with postsecondary credentials. In addition, a 2014 survey by Manpower Group showed that 40 percent of U.S. employers are reporting difficulties filling positions, with skilled trade positions being the hardest jobs to fill.
"We have a skills supply and demand problem that is hurting businesses and our economic growth, and we must build and nurture a next-generation workforce and push for more adults to attain industry-recognized credentials and college degrees needed for tomorrow's jobs," said Tate. "We are excited to be working with so many talented professionals who understand the challenge, and look forward to helping solve this problem."
About the Council for Adult and Experiential Learning (CAEL)
The Council for Adult and Experiential Learning (CAEL) is a nonprofit 501(c)(3) organization based in Chicago that assists adults with their educational endeavors, finding practical ways to help them earn college credit for learning acquired through life and work experiences toward the completion of a postsecondary degree. CAEL works with the public sector, private sector industries and higher education institutions to ensure that adult students receive the most efficient training and education to occupy a meaningful professional place in a 21st century economy. For more information, visit www.cael.org.