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Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage – Myth or Reality? Fortune 1000 Talent Recruiters on

Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage – Myth or Reality? Fortune 1000 Talent Recruiters on the Debate. Dr. Mae C. Jemison Bayer-Change the Equation STEM Salon Tuesday, October 22, 2013. Bayer Facts of Science Education XVI Survey Respondents. >20. 11-20.

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Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage – Myth or Reality? Fortune 1000 Talent Recruiters on

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  1. Bayer Facts of Science Education XVI:U.S. STEM Workforce Shortage – Myth or Reality? Fortune 1000 Talent Recruiters on the Debate Dr. Mae C. Jemison Bayer-Change the Equation STEM Salon Tuesday, October 22, 2013

  2. Bayer Facts of Science Education XVI Survey Respondents >20 11-20

  3. Bayer Facts of Science Education XVI Survey Respondents >20 11-20

  4. Bayer Facts of Science Education XVIIndustry Overview

  5. Bayer Facts of Science Education XVICreation of New Jobs • Today: More New STEM Jobs Created than Non-STEM Yes No Don’t know Prefer not to say 28% 67% 4% 1% STEM Companies 87% Manufacturing 86% Non-STEM 53%

  6. Bayer Facts of Science Education XVICreation of New Jobs • Future: More STEM Jobs Created than Non-STEM Yes No Don’t know Prefer not to say 17% 7% 1% 75% STEM Companies 85% Manufacturing 84% Non-STEM 68%

  7. Bayer Facts of Science Education XVIHiring STEM Professionals • Is Competition Fierce For STEM Degree Holders? Four-Year STEM Degree Two-Year STEM Degree Base: Total respondents (n=150) Base: Total respondents who see 2-year STEM degree holders (n=118) 2% Yes No Don’t Know 12% 9% 43% 45% 89% STEM Companies 97% Manufacturing 95%

  8. Bayer Facts of Science Education XVI Hiring STEM Professionals • Programs Offered to Find Qualified STEM Job Candidates Manufacturing 80% Manufacturing 89%

  9. Bayer Facts of Science Education XVIHiring STEM Professionals • Current Demand for STEM Degree Holders for Non-STEM Jobs Two-Year STEM Degree Four-Year STEM Degree Base: Total respondents who see 2-year STEM degree holders (n=124) Base: Total respondents (n=150)

  10. Bayer Facts of Science Education XVIHiring STEM Professionals • Demand for STEM Degree Holders for Non-STEM Jobs in Next 10 Years Two-Year STEM Degree Four-Year STEM Degree Base: Total respondents who see 2-year STEM degree holders (n=129) Base: Total respondents (n=150)

  11. Bayer Facts of Science Education XVIHiring STEM Professionals Percent Recruiters Seeing Adequate Number of Qualified Candidates by Race/Ethnicity and Gender 4-year STEM degree Base: Total respondents (n=150) 2-year STEM degree Base: Total respondents who see 2-year STEM degree holders (n=99) American Indian Males Hispanicor LatinoMales African-AmericanMales African-AmericanFemales Hispanicor LatinaFemales American IndianFemales Caucasian Males Asian Males AsianFemales CaucasianFemales

  12. Bayer Facts of Science Education XVIHiring STEM Professionals • Finding Qualified Candidates in Timely Manner Two-Year STEM Degree Four-Year STEM Degree Base: Total respondents who see 2-year STEM degree holders (n=101) Base: Total respondents (n=150) 3% Yes No Don’t Know 16% 50% 47% 55% 29% Manufacturing 55%

  13. Bayer Facts of Science Education XVIThe Pipeline • Is Difficult Recruitment Due to Shortage of Qualified Candidates with STEM Skills? Two-Year STEM Degree Four-Year STEM Degree Base: Total respondents who see 2-year STEM degree holders and cannot find an adequate number of qualified job candidates (n=29) Base: Total respondents who cannot find an adequate number of qualified job candidates (n=71) 2% 4% Yes No Don’t Know 10% 94% 90%

  14. Bayer Facts of Science Education XVIThe Pipeline • Does Current Workforce Shortage =Open, Unfilled STEM Jobs? Two-Year STEM Degree Four-Year STEM Degree Base: Total respondents who see 2-year STEM degree holders and cannot find an adequate number of qualified job candidates (n=29) Base: Total respondents who cannot find an adequate number of qualified job candidates (n=71) 4% 4% Yes No Don’t Know 28% 48% 48% 68% Manufacturing 71%

  15. Bayer Facts of Science Education XVIThe Pipeline • Is a Shortage of Qualified Candidates Expected in Next 10 Years? Two-Year STEM Degree Four-Year STEM Degree Base: Total respondents who see 2-year STEM degree holders (n=113) Base: Total respondents (n=150) Yes No Don’t Know 11% 25% 32% 21% 68% 43% STEM Co. 78% Services 77% Manufacturing 75% Non-STEM Co. 61%

  16. Bayer Facts of Science Education XVIThe Pipeline Yes No Don’t know Not applicable • Results of Unfilled STEM Jobs Lower productivity Limits to business growth Increased recruitment of job candidates from other countries Lower revenue STEM Co. 58% Services 58% Manufacturing 55% Non-STEM Co. 38% Services 53%

  17. Bayer Facts of Science Education XVI • A Strong Manufacturing Industry Voice Emerges

  18. Bayer Facts of Science Education XVI Hiring STEM Professionals • Programs Offered to Find Qualified STEM Job Candidates Manufacturing 80% Manufacturing 89%

  19. Bayer Facts of Science Education XVIFundamental Shortage of STEM Talent Reality or Myth? CRISIS

  20. For more information on the Bayer Facts of Science Education XVI, please visitwww.bayerus.com/msms

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