Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Right, so I’m back after almost 6 weeks. What did I miss? Other than a new PM in Australia, more gun violence in the US…and the fact that, according to the OECD, Australia has the second tightest skills market in the world.
You may have noticed that I haven’t been posting much over the last 5 – 6 weeks because I’ve been in the US speaking at the annual Association for Talent Development (ATD) conference (funnily enough about employee retention).
Following that, I was on a dive holiday in Far North Queensland (stay tuned for Friday’s post, which will include sharks, turtles, barracuda and an assortment of more of my fishy friends.)
Now down to business. It won’t come as a shock to anyone in Australia reading this post that we are in a very skills-short market. According to both The Australian Financial Review (AFR)and SmartCompany, the OECD’s Economic Outlook for June pegged our skills shortage as second only to Canada’s in the developed world.
Specifically, last week the Australian Bureau of Statistics (ABS) showed 420,000 vacant jobs. According to Smart Company, this translates into 2.8% of the labour market — or one in 35 jobs — being empty.
I’m currently fielding 2 questions from clients in Australia and the US about the skills shortage.
🙋♂️ “Now that the borders are open in Australia how long will it be before our skills shortage abates?” and
🙋♂️ “The upcoming US recession will surely help the skills shortage (and put realign candidates’ expectations), right?”
I will answer the first question today and the second tomorrow.
The border closures certainly have not helped the Australian skills shortage – nor have they been the main reason behind it. This is a structural skills shortage that we’ve seen coming for a while now, and it primarily has to do with the ageing population in Australia. The Commonwealth’s Intergenerational Report said that over the next 40 years Australia’s participation rate will go down by almost 25% due to our ageing population.
9600 Great Hills Trail, Suite 150W Austin, TX 78759, UNITED STATES
About
In 2009 CEO and founder Kim Seeling Smith started Ignite Global after deciding that instead of being paid to put bums in seats (working as a recruiter for the 15 years prior to that) she wanted to help More
According to the most recent research by Gallup, 85% of the global workforce is disengaged. That stat that has not moved in well over a decade and COVID has not seemed to impact it at all.
In the US Gallup saw a historic rise in engagement scores shortly after COVID – followed by an equally historic fall.
Yesterday’s post – https://lnkd.in/gHs_rUW provided a calculator to help you figure out how much you were losing in productivity for every member of your team who is disengaged.
I had a comment on that post asking, “Why are they disengaged?”
I’m cheating a bit. Last week I promised to post 3 things that I found inspiring every Friday. Today I’m posting 20.
Last night I attended Consult Australia‘s FutureNet awards night for NSW (magnificently convened by Linda Gaunt). It was a COVID-safe event held in the Grand Ballroom of the ICC in Sydney. There were only 30 people in attendance including 19 of the 20 participants, all 4 of the mentors and the facilitators, like me, who...
If you think #thegreatresignation is related to Covid or the current skills shortage, think again. This graph from the Bureau of Labor Statistics clearly shows that, with the exception of 2020, people have been changing jobs in increasing numbers since 2009. While this is a US stat, I believe the trend is definitely global.
I’ve often said that Covid accelerated other workforce trends that had been building for years. I think what we see with this graph is the result of...
I loved this article about the things companies get wrong when writing job descriptions. I only disagree with their first point. A long job description/job ad isn’t necessarily a bad thing. I’ve helped clients write very lengthy but VERY compelling job descriptions that vividly describes the company culture and values, outlines what the prospective candidate can achieve in the role and what they need to bring to the table (innate abilities and strengths) to be successful.
Read More: https://www.igniteglobal.com/2022/05/7-things-companies-get-wrong-when-writing-job-descriptions/
A2B Australia Limited (CabCharge) is doing some really interesting work with self-managed teams. This has been a concept that many of my clients are struggling with as they redesign their org structures to increase collaboration, ownership and accountability. It’s a tough nut to crack.
