Skill mismatch can have various negative effects on businesses:
Reduced Productivity: Employees who do not have the necessary skills may struggle to perform their tasks efficiently. Increased Costs: Businesses may need to invest more in training and recruitment to find the right talent. Lower Employee Morale: Mismatched skills can lead to job dissatisfaction, high turnover rates, and lower employee morale. Competitive Disadvantage: Companies with skill gaps may find it challenging to innovate and stay competitive in the market.