Demand Supply Balance of Talent Globally 38 of employers reported difficulties

Demand supply balance of talent globally 38 of

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such a diversity of experience and backgrounds. Demand Supply Balance of Talent Globally 38% of employers reported difficulties filling positions due to skills shortages, which has led to an inability to meet clients’ needs, reduced competitiveness/productivity and increased employee turnover. By increasing social mobility, the companies can unlock swaths of a potential talent pipeline. TALKING SOCIAL MOBILITY Understand the benefits of social mobility Diversity of thought increases creativity and solutions for your customers. If your people come from similar backgrounds and studied similar courses at similar universities, you
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probably have a homogenous team with a single way of thinking. If this sounds like your business, and you are struggling to recruit the people you need, there is no better time to start thinking outside the box on recruitment on who and where you recruit. Understand what’s happening in your business Think about where your people come from, and where your people go. Where do your people come from? To increase the social diversity of applicants to your business, broaden the universities you target. Consider school leavers and apprentices for your entry level roles and check they have progression routes. Examine your recruitment tools. Recruiters often look at your current workforce and send you a shortlist of candidates that match that picture. If you want to increase diversity, give your recruiters a diversity brief and widen the places you recruit from. Where do your people go and why are they leaving? Many businesses are getting better at recruiting people from diverse backgrounds but can’t seem to keep them. Capture data on who stays and for how long, who was promoted, who received a pay rise or bonus and ask people why they leave. Is your business open? Do you allow difference or expect assimilation? Check the business embraces difference and allows people to be themselves. Get leaders and the business on board Gain the in put and support of senior colleagues, so that they don’t sponsor talent in their image. Provide training to staff and new hires, so that they are open to diversity in their management and recruitment practices.
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