Published:  12:23 AM, 14 September 2018

Half of gen Y has access to info

Roundtable tells claiming they don't know how to process data

Some 53 percent employees of generation Y - aged about 22 to 37 - have access to information in Nestle Bangladesh Ltd. However, they in many cases don't know how to process the information and implement it in their work. Nestle Bangladesh Human Resource Director Fatema Rizwana told a roundtable yesterday advocating for training programs and internships for fresh graduates to enhance their capabilities.

She came up with the recommendation while addressing a roundtable titled 'Closing the skills gap: Preparing the Next Generation For an Uncertain Job Market' yesterday. Bangladesh Youth Leadership Center's Office of Professional Development, in partnership with The Daily Star, organized the program which was attended by HR professionals from 19 leading companies of Bangladesh.

Supported by the Aga Khan Foundation (Bangladesh) and Rizwan Adatia Foundation, the roundtable was organized to shed light on the challenges in recruitment and talent acquisition in the current job market and how it is affecting youth unemployment.

"It is imperative that Bangladesh diversifies its economy to develop new comparative advantage. In order to establish an active labor market, there must be heavy investment in human capital through expansion of vocational training and higher education so that there is constant acquisition of new skills," Resident Repres-entative of International Monetary Fund (IMF) Ragnar Gudmundsson said.

Bangladesh currently has an excess of university degree holders where millions of students stemming from Madrassas, Bangla and English mediums of education are competing for a limited number of jobs, making it highly competitive. In addition, the absence of quality education makes it even harder for these graduates to meet the skills required for the competitive job market.

The guests at the roundtable shared their insights on the skills required to excel in the 21st century workplace and the collective role of education institutions and industries to close the skills gap. Discussants talked about the set of skills that the youth in Bangladesh need to build as they prepare to enter the job market such as critical thinking, effective communication, and creative problem solving.

They also stressed on the importance of continuous learning and emotional intelligence. The roundtable also focused on how organizations have a corresponding responsibility to adapt to the learning needs and interests of the youth.  

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