Report

The Talent War – 63% of CEO said availability of skills was a serious concern (PWC)

Megatrends are redrawing the skills map for global businesses; the supply of talent is shifting at a time Capture d’écran 2014-07-23 à 08.55.52when demand is increasing. This is exacerbating a familiar worry for CEOs; 63% said availability of skills was a serious concern, an increase of 5% on 2013. With half of CEOs planning to hire more people over the next 12 months, competition for talent will be intense. Wage arbitrage is a growing concern; 58% of CEOs are worried about rising labour costs in high- growth markets.

Governments need to help

CEOs lay much of the blame for the skills shortage at
the feet of government and legislators; 52% say that regulation is hampering their ability to attract and retain the best people, and only one in five felt their government had been effective in addressing skills shortages.

Action paralysis

CEOs see that there are serious talent management challenges ahead; 93% say that they recognise the need to change their strategy for attracting and retaining talent. But an enormous 61% haven’t yet taken the first step. CEOs are well aware that something needs to be done, but are less sure of exactly what that is.

 

Chosen excerpts by Job Market Monitor. Read the whole story at 17th Annual Global CEO Survey: The talent challenge – PWC

Related Posts

Only 24% of employers say they are effective in meeting talent needs – Mercer

Employers are investing more money in talent, but much of it is proving ineffective, according to the latest Talent Barometer survey from Mercer. The survey showed that 60% of organisations worldwide have reported increasing their investment in talent in recent years, however only 24% said their plans are highly effective in meeting immediate and long-term … Continue reading 

The Talent War – Workplace flexibility is the key (Infographic)

As if finding great employees wasn’t enough of a problem for small business owners, keeping them poses yet another HR challenge.  Plantronics Workplace Flexibility Survey of 270 small business owners conducted last year by the Corporate Executive Board found that 44 percent say that finding and retaining talent is the most difficult aspect of HR/labor … Continue reading 

The Talent War – UK vs US for games developers

The UK may be best known for over-paid bankers and phone-hacking tabloids, but actually one of our most successful industries is video games. In 2011, according to a study by the Association for UK Interactive Entertainment, the industry was worth £2.52bn, and was projected to grow by 10% between 2010 and 2014, faster than the … Continue reading 

UK – Talent mismatch costs more than £1bn to employers

Businesses from all the major economies, including the UK, are losing billions of pounds through recruitment errors. This is mainly caused by employees’ inability to adapt and retrain for new roles and industries.  PwC and LinkedIn released the study, Adapt to Survive, this week. It looks at a profile of 277 million professionals and 2,600 … Continue reading 

The Talent War / The implications of the demographic outlook and immigration flows are substantial says a report

The implications for policymakers are substantial. First of all, receiving countries will have to invest more in developing smart migration, integration, and nondiscrimination policies Continue reading 

The open talent economy is doing for work what the open source model did for IT

What the open source model did for software development, the open talent economy is doing for workContinue reading 

UK’s Brain Drain / Two million in ‘talent drain’ (4,000 per day)

According to the Office for National Statistics, the number of British citizens who have moved abroad has risen by a fifth under the Coalition, reaching 154,000 last year. Separate figures, published by the OECD, show that almost 1.3million Britons with university-level education are living abroad, more than any other developed economy. Nick de Bois, secretary … Continue reading 

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: