While the skills gap in the skilled trades industries is no secret, awareness of the talent shortage has primarily grown in the past few years. According to a study by Deloitte and the Manufacturing Institute, 3.5 million manufacturing jobs are expected to become available (and need to be filled) yet 2 million of these jobs are expected to go unfilled.1 However, not all businesses are taken aback by the widening skills gap, and some began preparing for the inevitable shortage years before national headlines began highlighting it.
One such example of a company who approached the skills gap proactively is Penske Truck Leasing, which operates a 250,000 vehicle fleet and employees more than 6,000 technicians at 700+ service facilities across the nation. Over a decade ago, Penske identified the need to hire an additional 2,000 technicians by 2018 and began strategizing on how to address their need for skilled talent, which ultimately led them to Penn Foster.
In the Forbes article below, learn how Penske and Penn Foster’s 10+ year partnership has helped Penske move toward its technician goals and how they’re continuing to develop career pathways for their current and newly hired talent!