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Ignite Global

  • 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

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
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Added on 03 July 2022
๐—ง๐—ต๐—ฒ๐—ฟ๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ท๐—ผ๐—ฏ๐˜€ ๐—ฎ๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐˜๐—ผ ๐—ณ๐—ถ๐—น๐—น ๐˜๐—ต๐—ฒ๐—บ ๐—ถ๐—ป ๐—บ๐—ผ๐˜€๐˜ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฑ ๐˜„๐—ผ๐—ฟ๐—น๐—ฑ. ๐—ง๐—ต๐—ฒ ๐˜€๐—ธ๐—ถ๐—น๐—น๐˜€ ๐˜€๐—ต๐—ผ๐—ฟ๐˜๐—ฎ๐—ด๐—ฒ ๐—ถ๐˜€ ๐—ฑ๐—ถ๐—ฎ๐—ฏ๐—ผ๐—น๐—ถ๐—ฐ๐—ฎ๐—น ๐—ณ๐—ผ๐—ฟ ๐—บ๐—ฎ๐—ป๐˜† ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—บ๐—ฎ๐—ป๐˜† ๐—ถ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฒ๐˜€.

As I mentioned in yesterdayโ€™s post, I am currently fielding 2 questions from clients in Australia and the US about the skills shortage.

The firstโ€ฆ

Now that the borders are open in Australia how long will it be before our skills shortage abates?โ€

I answered this yesterday.

Iโ€™ll address the second question today.

The upcoming US recession will surely help the skills shortage (and put realign candidatesโ€™ expectations), right?โ€


To answer this we need to go back in time. Youโ€™ve undoubtedly heard the term โ€œThe War for Talentโ€ but do you know where that came from? It was a report from McKinsey & Company about the upcoming global skills shortage โ€“ written in 1997!!!

So the skills shortage is a challenge that weโ€™ve seen coming for a very very long time. Korn Ferry (by memory but it may have been Manpower, donโ€™t quote me on the source but the numbers are accurate) wrote in 2014(ish) that by 2025 we were expecting a global skills shortage of up to 85 million people (and 20 million wonโ€™t have the right skills to be employed as technology changes the shape of our roles.

So, if the US (and/or the rest of the world) goes into recession will the skills shortage go away? Maybe โ€“ in certain industries โ€“ for a period of time.

But this is part of a larger, global trend that is due to declining birth rates, the declining workforce participation rates (in some countries) and the reshaping of roles due to technology, as I mentioned above.


Read More:
https://www.igniteglobal.com/2022/07/3-keys-to-talent-attraction-in-a-candidate-short-market/

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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
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