As the U.S. economy slowly recovers from the 2007-2009 recession, many organizations are shifting focus from managing short-term workforce needs to more strategic, long-term workforce planning. Factors that play a role include the growing number of retirement-ready employees, technological changes, shifts in industry growth and decline, and the risk of losing star employees as more opportunities emerge.
This free white paper from SuccessFactors looks at how these factors have the potential to force the next "War for Talent" among HR leaders vying to fill critical roles with specialized skills.
Key discussion points in this paper include:
- Due to a convergence of demographic, economic, and educational factors, a skills shortage is already under way. This shortage will continue for many industries in the United States and beyond.
- Industries particularly susceptible to the skills shortage are those that are growing the most rapidly, such as computer science, business, and engineering.
- As demand for skilled labor increases, strategic recruiting practices will be needed to effectively target and attract talent in low supply. That effort requires understanding and investing in a social media strategy, emphasizing person-organization fit, and building the employment brand into the recruiting process.
- Retaining skilled employees through training, recognition, and transparent career development will not be just a cost-effective strategy for building critical skills, but also aid in building a positive employment brand.
Download this free white paper from SuccessFactors on Preparing for a Shortage of Skilled Employees today!