Talent shortage: Employers report increasing difficulty finding the workers they need
Companies are struggling to find the candidates they need to accomplish their goals, and the lack of skilled workers is taking its toll on the performance of organizations around the world. The shortage of talent is apparently growing more acute and taking a greater toll on productivity, according to ManpowerGroup’s annual Talent Shortage Survey released this morning.
The survey found that 35% percent of the nearly 40,000 employers surveyed globally say that they are having difficulties finding staff with the right skills. This is the greatest shortage reported since the start of the recession in 2008.
Of those, more than half (54%) of employers believe this will have a high or medium impact on their ability to meet client needs. This is well up from the 42% who said the same in 2012.
As in 2012, skilled trades jobs continue to be the hardest to fill at a global level, followed by engineering roles and sales representative jobs. In North America, technicians, engineers and sales reps are the most in-demand positions – with skilled trades coming in fourth.
Labour shortages are apparently at a six-year high in this country as well. 34% of Canadian employers surveyed report struggling to find candidates with the right skills. Candidates lacking necessary technical skills to do the job (33%) and a general lack of sufficient applicants (31%) are the two main reasons that employers in the Americas gave for their current talent shortages. The lack of hard skills was particularly felt by employers looking to hire skilled trades workers.
24% of employers said that it was a lack of experienced workers available that was causing their hiring hardship. A further 16% of employers reported finding a lack of candidates with the right soft skills. The soft skills that are most in demand are apparently candidates who can display enthusiasm and motivation for the job. A Workopolis survey of Canadian employers found similar results – with a positive attitude and strong work ethic being two soft skills companies struggle to find in new hires.
Here’s a look at the fields seeing the most serious labour shortages globally and in the western hemisphere.
The top 10 jobs employers in ‘The Americas’ are having difficulty filling:
2. Sales representatives
4. Skilled trades workers
5. Production operators
6. Accounting and finance staff
7. Secretaries, Pas, administrative assistants and office support staff
10. Management executives
The top 10 jobs employers are having trouble filling globally
1. Skilled Trade Workers
3. Sales Representatives
5. Accounting & Finance Staff
7. IT Staff
9. Secretaries, PAs, Administrative Assistants & Office Support Staff
Of the employers who report talent shortages in this part of the world, 19% said that it is having a high impact on their ability to meet client needs, with another 33% reporting a medium level of impact.
Only around one in eight (just 13%) believe talent shortages are having no current impact on their ability to be productive.
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