“We
have seen the emergence of the Human Age, where talent is the new
differentiator,” writes Jonas Prising, CEO of Manpower Group. Yet organizations
around the world struggle to find the talent they need. This is especially
problematic, because 75 million Baby Boomers will retire within the
next 10 to 15 years. Between now and then, there will be a lot of jobs to fill,
and if finding great talent is difficult now, organizations are going to have
to up their recruiting game, or suffer the consequences of being
understaffed.
Manpower Group surveyed more than 41,700 hiring managers in 42
countries in order to get a clear view of how many employers
are having difficulty filling positions. They also assessed which jobs are the
most difficult to fill and why. We’re going to look at the findings in their
corresponding report, 10th Annual Talent Shortage Survey, and then take
talk about five companies who are facing the talent shortage in inspiring and
innovative ways.
The Facts About the Talent Shortage
How challenging is it to fill jobs?
In
2015, 38% of employers were having difficulty filling jobs, which is the
highest number since 2007. That number is a global average, with 32% of
employers reporting difficulty in the United States.
In
2015, 38% of employers were having difficulty filling jobs, which is the
highest number since 2007. That number is a global average, with 32% of
employers reporting difficulty in the United States.
Why is it difficult to fill jobs?
35% of
employers surveyed in the 2015 Talent Shortage Survey reported that the top
reason they have difficulty filling jobs is a lack of available applicants. 34%
of respondents said they can’t fill positions because their talent pool has a
lack of technical skills (hard skills). The other three of the top five reasons
it’s difficult to fill positions is due to lack of experience (22%), lack of
workplace competencies, or soft skills (17%), and encountering candidates
looking for more compensation than is offered.
What jobs are the most difficult to fill?
For
four years straight, skilled trade jobs are the most difficult to fill,
especially chefs, bakers, butchers, mechanics, and electricians. Sales representatives,
engineers, technicians, and drivers make up the remaining of the top five most
difficult jobs to fill. Now we can see why a lack of technical skills
contributes heavily to the lack of candidates—those skills are needed in four
of the top five most difficult jobs to fill.
However,
there may be light at the end of the tunnel. In October of 2015, Bloomberg
reported a decline of college degrees and falling enrollment for the third year
in a row. This may indicate resurgence in trade-school enrollment, creating a
new generation of workers who have the hard skills companies need globally.
But
until those numbers are official, what are employers doing about this talent
gap? Unfortunately, not enough.
Employers are not doing enough to address talent shortages.
Despite
their admitted challenges in filling positions, more than one in five employers
are not pursuing any strategies to address their talent shortages. In
fact, only one in ten is adopting recruitment strategies to access
untapped talent pools.
When
faced with talent shortages, hiring managers have the opportunity to be
creative. With a little out-of-the-box thinking, they may be able to attract
the candidates they want. Here are five excellent examples of companies using
innovative hiring practices.
How Do You Attract the Best Talent? Five
Companies Exemplify Recruiting Innovation
1. Go Big
FormaShape, a
Canadian manufacturing company, placed a single billboard outside their
plant that read, “Trespassers Will Be Hired!” They received 100’s of
applications and great publicity.
2. Host an Open House
I Love Rewards Inc. (now
Achievers), a
global employee rewards and social recognition company based in San Francisco,
decided to turn to self-selection as a strategy and hosted an open house.
Rather than going through 1200 resumes, I Love Rewards invited all applicants
to an open house. Candidates were narrowed down automatically, as those who
were less serious about the job chose not to attend the event.
At the
open house there were two distinct areas on two floors of the building. One was
for mingling with current employees, and the other was set up as speed dating
for quick five-minute interviews. This method helped see a potential
candidate’s level of interest, communication skills and working knowledge.
3. Hit the Pavement
Quicken Loans, a
home loans expert based in Detroit, MI, turned to their current employees to
attract talent. They sent out current employees to local retail stores and
restaurants to interact with workers and offer interviews to those who stood
out. This was a big help in looking for candidates in unexpected places!
Current employees often have the best understanding of the soft and hard skills
needed to succeed at their company. This is also a great tactic when searching
for a cultural fit.
4. Design an Activity
Next,
applicants created their own application with art supplies, a testament to
their creative thinking, and a look at what they feel is important for their
potential employers to know about them. The last activity involved role-playing
activities to create product displays in teams. This final activity shows who
is creative, who is a leader, who works well in teams, and who is or is not
assertive. After this process, candidates are invited in for one-on-one
interviews.
5. Send Surprises
Red 5 Studios, an
online games developer headquartered in Cork, Ireland and Irvine, CA, did a bit
of handpicking to find their talent. They searched for passive candidates
(candidates not currently looking for a job) via social media research. They
picked the top 100 they were interested in and reached out to them in a very
creative way. Each candidate was sent a personalized iPod, with a loaded audio
message from the CEO inviting them to consider working for the company. More
than 90 candidates responded to the pitch.
Feeling
inspired yet? As you can see, there are many ways to get the talent you need.
Be willing to experiment. If you are in a leadership role, let hiring managers
know they can be creative when recruiting and support their efforts. If you’re
having difficulty attracting talent now, start experimenting as soon as
possible. That way you can get the ideas worked out before the real talent
shortage sets in, after Baby Boomers bid their last farewell.
Have you ever recruited or been
recruited in a unique way? I’d love to hear about it.
Let’s share experiences. Leave a comment below, send me an email,
or find me on Twitter.