OTA Dispatch Issue 2 2019

9 | 2018 Talent Shortage Survey – United States Data Edition THE TALENT SHORTAGE CONUNDRUM: WHAT EMPLOYERS ARE DOING TODAY In the Skills Revolution, when new roles emerge as fast as others become obsolete, employers realize that what you are likely to learn is becoming more important than what you already know. Companies are beginning to tackle talent shortages by upskilling their own workforce: over half are investing in learning platforms and development tools to build their talent pipeline. Strategies Employers Are Using to Overcome Talent Shortages 55% Provide additional training and development 48% 29% Adjust education or experience requirements (2016 data N/A) 40% Recruit from outside traditional talent pool 44% 27% Offer additional perks and benefits 19% 24% Offer higher salary packages 27% 26% Explore alternative work models (i.e., contract, freelance or temporary work) 22% 19% Offer flexible or remote working 17% 9% Outsource the work (i.e., other company or country) 12% 10% Not pursuing any strategies 11% 2018 2016 29% of employers are adjusting education and experience required to fill roles Source: ManpowerGroup 2018 Talent Shortage, www.manpowergroup.us/campaigns/talent-shortage/pdf/united-states-talent-shortage-report.pdf