Author: Redaction e-thicHR

Addressing the Workforce Skills Gap

Lately we wrote a post about attracting right talent and the skills shortage,  and published a white paper in French about « Hiring Key Talents & High Potentials », all biggest HR challenges for employers in 2014. In many industries, the convergence of a skills gap at the entry level and the anticipated retirement of many experienced workers over the next 3-10 years, threatens a potential crisis that has HR Professionals, employers and even governments worried. It will be more and more difficult for employers to fill needed positions, in spite of high unemployment rates. Recent workforce data in the US shows that close to 50% of employers are having trouble finding workers who are adequately trained for available jobs.

How to close the gap? Read the article « Can We Fix The Skills Gap? » on Forbes.com

Know how to Fish Top Performers & Techies

In his recent post, Dr John Sullivan, an internationally known HR thought-leader from the Silicon Valley, says « It might sound silly on the surface, but fishing and recruiting have a lot in common. Any seasoned fisherman or woman would tell you without hesitation that the same bait that effectively attracts small fish simply would have no impact on attracting the harder-to-land big fish. In recruiting, the need to match your “bait” or attraction features to your target is no different. »

In his article he listed possible excitement factors for top performers in descending order of importance. The two most critical ones are bolded.
Have a look below

  1. Doing the best work of my life
  2. Doing work that has an impact on the customers and the world
  3. Having a great manager
  4. An opportunity to innovate and take risks
  5. An opportunity to learn rapidly and be challenged
  6. The opportunity to implement their ideas
  7. A choice of projects and assignments
  8. A chance to work with the latest technologies and tools
  9. Input into their schedule/ location
  10. An opportunity to work with top co-workers
  11. The opportunity to make decisions and for fast approvals
  12. Working in a performance-driven meritocracy where rewards are based on performance
  13. A transparent environment where the needed information and access is readily available
  14. Sufficient budget and resources to reach their goals

Want to know more how to attract and find top performers and techies, read the article written by Dr John Sullivan on ere.net  « Unless You Segment Your Recruiting Messaging, You Won’t Attract Top Performers and Techies« 

Hoping for a break in recruiting tech professionals this year?

No chance, says the IT career site Dice.com. Not only is there no sign of a letup in tech hiring, the evidence is that recruiting IT professionals is going to be harder than ever.

Dice.com surveyed hiring managers and recruiting professionals to find 73 percent of them report their companies plan to do more hiring of tech workers in the next several months. Nearly a quarter of all the survey respondents told Dice their tech hiring would be “substantial.”

Lured by more pay, the number of professionals switching jobs is growing. More than 40 percent of the survey respondents said they’ve lost tech staff in the last six months. That compares to just over 30 percent who said that in the spring survey. The No. 1 reason for the job changes: pay, reported three-quarters of the survey participants.

Making clear just how challenging the recruiting environment is for companies seeking tech workers, almost 6 in 10 said they’ve had to leave to positions vacant because of their existing salary guidelines. And a third of them have had offers rejected.

Read more in « Survey Finds That Tech Hiring Is Getting Tougher in 2014 » or have a look at the Dice Infographic

 

Attracting right talent: biggest challenge for employers in 2014

New survey by The Execu|Search Group reveals attracting right talent and skills shortage as biggest challenges for employers in 2014.

Highlights of report include:

  • Almost half of all respondents (45 per cent) answered ‘Attracting the Right Talent’ as one of the biggest challenges in growing their business, while 26 per cent named a ‘skills shortage.’
  • The skills shortage is especially prevalent in the Healthcare sector, where 43 per cent of respondents reported experiencing a skills shortage.
  • Financial Services is another sector where the skills shortage is prevalent. With each new federal mandate, employers are seemingly needing a new set of specialized employees to keep their company compliant or drive the business forward.
  • Another significant finding is that the executives who are making hiring decisions are now putting greater emphasis on « soft skills » in their hiring strategy.

The top four most in-demand « soft skills » include: problem solving and analytical thinking skills, the ability to act as a team player, initiative/drive, and effective communication skills.

Watch the discussion on Bloomberg Television
Catalpa Capital Founder, Chairman & CIO Joseph McAlinden and Execu-Search CEO & Founder Edward Fleischman discuss how they think the jobs report doesn’t reflect the underlying economy and the hiring outlook for 2014.

How Employer Brand could be dammaged

Losing your job due to corporate downsizing can feel pretty apocalyptic — and one employee of supermarket chain Dominick’s captures that feeling perfectly in this video, made after Safeway closed 72 of its Chicago-area Dominick’s stores. About 6,000 Dominick’s grocery store workers lost their jobs on December 28 across the Chicago, Illinois region. Safeway put the stores up for sale in October, responding in part to pressure from a major shareholder, the hedge fund Jana Partners. Steve Yamamoto made a satirical, sci-fi-themed video which showed dragons, monsters, asteroids etc squashing Dominick’s employees and he titled the trailer « Thanks Safeway »  and he posted it on YouTube. A day later,  the soon-to-be unemployed Yamamoto was informed he had been suspended. This suspension may cause him to lose three weeks’ severance pay. But finally he got his pay thanks to the media coverage: stories on all the major Chicago TV stations, the Huffington Post, and in the local papers dammaging Safeway’s brand. In your opinion,what could have been done to prevent tarnishing employer brand?

Look at the video  « Thanks Safeway »