The Global Talent Crunch: Why Employer Branding Matters Now

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2010 Talent Shortage Survey
Monday, 13 April 2015
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Talent shortages in the news…
Within the next eight years there could be at least 5 million potential job
vacancies in the United States.
Economics Week, April 2010
By 2020 India will have the largest youth population in the world, but only a
fraction of them will be employable due to a severe skills gap.
Outlook Business (India), April 2010
51% of IT organizations surveyed believe talent issues have limited their
efficiency and productivity.
Deloitte, September 2009
Europe’s work force is expected to become 15% smaller within five decades.
The Wall Street Journal, April 2009
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Despite the recent downturn, finding the
right talent remains a pressing, pervasive
issue for employers worldwide.
31%
of employers worldwide are
telling us they are having difficulty finding
the right talent.
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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The immediate problem is
not the number of potential
candidates.
Rather, it’s a talent
mismatch: There are not
enough sufficiently skilled
people in the right places at
the right times.
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Global Survey Findings
About Manpower’s Annual Talent Shortage Survey
1
Fifth year
2
Nearly 36,000 employers
3
36 countries and territories
4
Research conducted in Quarter 1 2010
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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The Questions
1. How much difficulty are you
having filling jobs due to the
lack of available talent?
2. What is the one job you are
having the most difficulty
filling due to the lack of
available talent?
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Global Survey Findings
PERCENTAGE OF EMPLOYERS HAVING DIFFICULTY FILLING JOBS
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Global Survey Findings
Employers having difficulty finding talent
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Global Survey Findings
The top 10 jobs employers are having difficulty filling globally
1 Skilled Trades
6 Production Operators
2 Sales Representatives
7 Secretaries, PAs, Administrative
Assistants & Office Support
Staff
3 Technicians (primarily
production/operations,
engineering or maintenance)
4 Engineers
5 Accounting & Finance Staff
8 Management/Executives
9 Drivers
10 Laborers
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Americas Survey Findings
PERCENTAGE OF EMPLOYERS HAVING DIFFICULTY
FILLING JOBS DUE TO LACK OF AVAILABLE TALENT
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Americas Survey Findings
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Americas Survey Findings
The top 10 jobs employers are having difficulty
filling in the Americas
1
Technicians (primarily
production/operations,
engineering or maintenance)
5 Production Operators
6 Laborers
2 Sales Representatives
7 Accounting & Finance Staff
3 Secretaries, PAs, Administrative
Assistants & Office Support
Staff
8 Engineers
4 Skilled Trades
9 Drivers
10 Management/Executives
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Asia Pacific Survey Findings
PERCENTAGE OF EMPLOYERS HAVING DIFFICULTY
FILLING JOBS DUE TO LACK OF AVAILABLE TALENT
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Asia Pacific Survey Findings
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Asia Pacific Survey Findings
The top 10 jobs employers are having
difficulty filling in the Asia Pacific region
1 Sales Representatives
6 Production Operators
2 Technicians (primarily
production/operations,
engineering or maintenance)
7 Accounting & Finance Staff
3 Engineers
9 IT Staff (Primarily
programmers/developers)
8 Sales Managers
4 Skilled Trades
5 Management/Executives
10 Laborers
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Europe/Middle East/Africa (EMEA) Survey Findings
PERCENTAGE OF EMPLOYERS HAVING DIFFICULTY
FILLING JOBS DUE TO LACK OF AVAILABLE TALENT
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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EMEA Survey Findings
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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EMEA Survey Findings
The top 10 jobs employers are having difficulty
filling in the EMEA countries
1 Skilled Trades
1 2 Sales Representatives
3 Technicians (primarily
production/operations,
engineering or maintenance)
4 Drivers
5 Accounting & Finance Staff
7 Chefs/Cooks
68 Production
Operators
Secretaries,
PAs, Administrative
& Office Support Staff
9 IT Staff
10 Doctors & other Non-Nursing
Health Professionals
6 Engineers
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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[Customize with your country’s survey findings if available. If not delete.]
[COUNTRY] Survey Findings
[Country Name]
The top 10 jobs employers are having difficulty
filling (ranked in order):
1. Insert Job Title
1. Insert Job Title
2. Insert Job Title
2. Insert Job Title
3. Insert Job Title
3. Insert Job Title
4. Insert Job Title
4. Insert Job Title
5. Insert Job Title
5. Insert Job Title
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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One thing is clear: The talent mismatch cannot
be filled one position and one hire at a time.
Organizations must recalibrate their
mindsets to consider candidates
who may not meet all the job
specifications, but whose capability
gaps can be filled in a timely and
cost-effective way—candidates
who are a “teachable fit.”
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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What is “Teachable Fit?”
It’s a concept that looks at the capabilities required
by a job, evaluates the importance and teachability
of each, and finally determines the capacity of
candidates to develop these capabilities.
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Finding a Teachable Fit
To find a teachable fit, organizations must ask four questions:
1
What capabilities are essential to performing the job?
2
Which of these are teachable in an efficient way?
3
Is there adequate time and money to develop these
capabilities in the candidate?
4
Do candidates have the capacity (motivation and
capability to develop them?
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Training is Vital.
A commitment to reskilling and upskilling current and
potential employees will enable organizations to
expand the available pools of talent, ensure that their
workforces continue to be appropriately skilled and
keep employees engaged in their work.
Learn more about these ideas in our new Fresh
Perspectives paper, Teachable Fit: A New Approach
to Easing the Talent Mismatch, available on the
Research Center at Mapower.com.
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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What can
organizations
do now?
Employers
Governments
Key stakeholders
must form effective
partnerships to
combat the talent
shortage
Confronting
the
Talent Crunch
Individuals
Labor
Unions
Academic
Institutions
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Employers
• Invest in training and development
• Redefine jobs and facilitate mobility within
organizations
• Expand the recruiting pool to find those with a
“teachable fit”
• Improve retention, especially of older workers
• Invest time in local schools and universities to
ensure curriculum meets market needs
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Governments
• Adjust immigration policies as necessary to
enable the flow of in-demand talent
• Coordinate policies between sending and
receiving nations to encourage mutual benefit
• Use effective labor market forecasting methods
• Invest in employee education for training and
transition
• Foster partnerships among other stakeholders
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Labor Unions
Academic Institutions
• Focus on employability and continuous training
to keep members’ skills up to date
• Work with the marketplace and employers to
coordinate reskilling partnerships and keep
course content current
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Individuals
• Take responsibility for managing your career
• Remain flexible and willing to experiment in
new roles
• Be alert to labor market trends and
opportunities
• Be creative in transferring skills from job to
job and industry to industry
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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The world of work experts
Teachable Fit: A New Approach for
Easing the Talent Mismatch
Manpower provides
research and reports for
economists, journalists,
university researchers and
think tanks to help them
assess and forecast the
health and direction of the
world’s labor markets.
Full articles can be found in Manpower’s
Research Center at
www.manpower.com/researchcenter.
The talent mismatch will only intensify as the
economy recovers. Learn how organizations
can recalibrate their talent strategies and find
candidates with a teachable fit.
Social Networks vs. Management?
Harness the Power of Social Media
This Fresh Perspectives paper explores how
organizations should leverage the connective
power of social networking to enhance
productivity, innovation, collaboration,
reputation and employee engagement.
Manpower Employment Outlook Survey
The most extensive, forward-looking hiring
forecast; 36 countries and territories.
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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Questions?
Answers
Manpower Inc. 2010 Talent Shortage Survey | Monday, 13 April 2015
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