Global talent shortages deepen: Manpower Group

posted on June 1, 2015

By IEC BC | Link to Article

By IEC BC | Link to Article

The highest proportion of global employers since before the recession cannot find the talent they need: 38% of 41,700 hiring managers in 42 countries and territories, Manpower Group 2015 Talent Shortage Survey report. More than one in five employers is still not pursuing any strategy to overcome talent shortages, despite the negative impact on their business; Only 1 in 10 is adopting recruitment strategies to utilize untapped talent pools. Click here for the Top five key reasons for difficulty filling jobs and what employers can do.

For the fourth consecutive year, skilled trades vacancies are the hardest jobs to fill globally. Sales representatives are in second place, followed by engineers, technicians and drivers.

Top 5 key reasons for difficulty filling jobs:

– Lack of available applicants/ no applicants (35%)

– Lack of technical competencies (hard skills) 34%

– Lack of experience 22%

– Lack of workplace competencies (soft skills) 17%

– Looking for more pay than is offered (13%)

What employers can do:

– Design new people practices – the same old recruitment practices won’t yield different results (e.g. redefine qualifying criteria)

– Adopt an agile mindset – explore untapped pools to source new talent (e.g. candidates from further afield, youth, older workers, women, military veterans)

– Foster a learning culture and encourage employees to own their careers

– Promote your unique employee value proposition to become a talent destination

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