Tamara Erickson, one of the authors of the Harvard Press book Workforce Crisis: How to Beat the Coming Shortage of Skills And Talent” testified before the U.S. Senate last year on workforce trends. Her main points:
The workforce is older, and limited in availability. There will be a shortage of skilled workers of traditional work age [...]
Popularity: 74% [?]
A recent survey sponsored by a financial temporary staffing firm ranked the perceived effectiveness of non-monetary job motivators. They asked both CFOs and workers the question “other than financial rewards, which one of the following is the most effective means of motivating employees?”
Frequent recognition of accomplishments Regular communication [...]Popularity: 49% [?]
The looming talent shortage requires new workforce management strategies.
Managing talent
Rethink productivity approaches – move strategy into project and team models of efficiency. Hire better using assessments.
Rising health care costs
Providing cost-effective health care will help you be competitive as well as keep talent.
Linking pay to performance
Focus on the development of balanced and efficient teams, make sure [...]
Popularity: 24% [?]