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Diverse. Inclusive. Tony Glassborow HR Director, EMEA. Increasing need for Diversity - Drivers behind the Talent Shortage. Dramatic demographic shifts Global talent mismatch Economic migration and talent drain Fast-paced technological change makes more skills obsolete
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Diverse Inclusive Tony Glassborow HR Director, EMEA
Global Diversity Increasing need for Diversity - Drivers behind the Talent Shortage • Dramatic demographic shifts • Global talent mismatch • Economic migration and talent drain • Fast-paced technological change makes more skills obsolete • Skilled workers becoming harder to find • Fast Growth of emerging economies
Global Diversity Intensifying Trends:Seismic Demographic Shifts • Less children are being born • Baby Boomers reaching retirement • Lengthening life spans • Failing education and declining skills • Economic migration – a help and a hindrance
Global Diversity Manpower Talent Shortage Survey 2008 Of 42,500 employers surveyed across 32 countries and territories, 31% reported difficulty filling positions due to lack of suitable talent available in their markets The talent crunch has hit hardest in Romania, which reported a 73% difficulty rate, due to unprecedented economic growth and mass migration flows Source: 2008 Manpower Talent Shortage Survey
Global Diversity 2008 Manpower Talent Shortage Survey GLOBAL 1. Skilled Manual Trades 2. Sales Representatives 3. Technicians 4. Engineers 5. Management/Executives 6. Laborers 7. Secretaries, PAs, Administrative Assistants & Office Support staff 8. Drivers 9. Accounting and Finance Staff 10. IT Staff (primarily programmers/ Developers) Total Number of Respondents: 42,585 Employers indicating difficulty filling positions: 31% Employers indicating no difficulty filling positions: 69% Margin of error: +/- 3.9% 1 in 3 employers worldwide are having difficulty filling positions due to the lack of suitable talent available Source: 2008 Manpower Talent Shortage Survey
Global Diversity Winning in the Future of WorkReduce demand, increase supply
Global Diversity Global demographics
Global Diversity 8 Older Worker Recruitment and Retention Strategies in Place Today
Global Diversity Strategies for retaining older workers by country Source: Manpower Inc.
Global Diversity Strategies for recruiting older workers by country Source: Manpower Inc.
Global Diversity The need to understand changing employee attitudes Source: Harris Poll 2004
I would be happy to work flexibly, later in life 90 84 84 83 80 73 72 69 69 68 67 70 64 60 59 60 52 52 50 % Agree 38 40 30 20 10 0 UK Aut Bel Den Fin Ger Gre Isr Ita Nor S.A. Spn Swe Swiss Turk Global Diversity Source: Manpower/MORI survey 2005 Base: All EMEA respondents (weighted) October 4th 2007
Global Diversity 13 An approach to Engagement and Optimizing Skill retention through Diversity
Global Diversity An employer’s action list • Understand that the need for Diversity strategies will only increase as the shortage of talent worsens over the next decade • Get to understand your diverse employment markets - attract - engage - develop • Define your needs • Analyse and use jobs and competence more effectively • Invest in people development (the 3 E’s) • Creatively think of new sources of talent and new retention strategies • Find more attractive ways to prolong working life
Global Diversity THANK YOU tony.glassborow@manpower.co.uk