Workforce Today
"While job opportunities are expected to increase by 18.9 million jobs (13%) between now and 2014, the availability of qualified talent will tighten as Baby Boomers retire and smaller replacement generations enter the workforce. Already 38% of hiring managers report having difficulty finding good candidates today."
CareerBuilder.com's 2006 Passive Job Search Survey
Senior Executives at our client companies are not alone when they tell us that the number one problem standing in the way of success in the next 5-12 years will be finding qualified leadership talent to grow and manage their businesses.
Organizations from large public companies to non profit organizations will simply not have the internal capability to sustain continuous recruitment efforts, sufficient for their talent needs.
The Executive Search Industry has thrived in its 50 plus year history, but has never before been on the cusp of such an exciting market!
"Loss of skilled workers either through retirements or to competitive employers, along with changing business needs, has become a major dilemma for companies that rely on experienced workers. For these companies, workforce planning goes far beyond headcount controls and work scheduling. Rather, it is an integrated and continuous process that identifies and addresses the critical gaps between current workforce resources and future needs."Jay Doherty, Mercer Workforce Sciences - Sept 23, 2008"Recruiting, motivating, and retaining a talented workforce are not short-term problems or passing fads. They are systemic, protracted, and chronic problems that organizations will face for the foreseeable future. Demographic and workforce management will be as critical a strategic issue for organizations as financial and technological management."
Thomas J Calo, Public Personnel Management - December 22, 2008"The Canadian workforce is changing rapidly, as the demand for highly qualified and highly educated workers grows..."
The Canada Public Service Agency