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What Workers Want
Closing the Skills Gap 2020:
2What Workers Want 2019
Workforce Trends
We are in the midst of a Skills Revolution where technology is transforming organ...
The Talent Shortage
4What Workers Want 2019
Today’s Workforce Challenges
Determining the right
workforce strategy
Competing in the digital age...
5What Workers Want 2019
UK Talent Shortages (2009 – 2019)
UK Talent Shortages at a 10-Year High
*Data collected in Q4 2017
6What Workers Want 2019
Difficulty Filling Roles by Company Size
Large Companies Face Almost Double the Difficulty
Solving the Talent Shortage: What Workers Want
8What Workers Want 2019
What Workers Want varies by age, gender and geography. More Pay, Flexibility and Challenging Work ...
9What Workers Want 2019
Hierarchy of Needs
1. Pay always matters
Pay is the top attraction and retention factor for all wo...
10What Workers Want 2019
Address What Workers Want: Take 5 Actions
Get creative about compensation
Pay matters but so do o...
11What Workers Want 2019
A Holistic Workforce Strategy
manpowergroup.co.uk/the-future-of-work-and-skills
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#FIRMday Bristol 5th February 2020 - ManpowerGroup: Manpower: What Workers Want: How To Close Your Organisation’s Skills Gap

With acute talent shortages continuing to rise across the UK, employers are challenged with catering to the demands of an increasingly limited talent pool while competing with other organisations that are trying to do the same. To be successful, organisations must build what workers want into the heart of their talent strategy, deploying faster, more targeted approaches than ever before. Upskilling and retraining individuals throughout their career is also crucial to meeting future talent needs.

By getting both the offer to candidates and the blend of talent strategies right from the start, businesses will not only make their organisation more attractive to prospective employees, but also help to retain existing employees. Getting it right up front will help to drive return on investment for the long term.

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#FIRMday Bristol 5th February 2020 - ManpowerGroup: Manpower: What Workers Want: How To Close Your Organisation’s Skills Gap

  1. 1. What Workers Want Closing the Skills Gap 2020:
  2. 2. 2What Workers Want 2019 Workforce Trends We are in the midst of a Skills Revolution where technology is transforming organisations and skills needs are changing rapidly, accelerating a global talent shortage and threatening productivity, sustainability and growth. By 2022, 54% of all employees will require significant re- and upskilling. Of these, about 35% are expected to require additional training of up to six months, 9% will require reskilling lasting six to 12 months, while 10% will require additional skills training of more than a year. WEF: 2018 Future of Jobs Report While 38% of organisations say it is difficult to train in-demand technical skills, 43% said it is even harder to teach the soft skills. 2019 Humans Wanted: Robots Need You Report “54% of employers say they can’t find the skills they need. 2019 Talent Shortage Survey
  3. 3. The Talent Shortage
  4. 4. 4What Workers Want 2019 Today’s Workforce Challenges Determining the right workforce strategy Competing in the digital age Upskilling individuals and workforces Attracting and retaining talent Finding the right talent Leading through digital transformation
  5. 5. 5What Workers Want 2019 UK Talent Shortages (2009 – 2019) UK Talent Shortages at a 10-Year High *Data collected in Q4 2017
  6. 6. 6What Workers Want 2019 Difficulty Filling Roles by Company Size Large Companies Face Almost Double the Difficulty
  7. 7. Solving the Talent Shortage: What Workers Want
  8. 8. 8What Workers Want 2019 What Workers Want varies by age, gender and geography. More Pay, Flexibility and Challenging Work are non-negotiables to all. Other priorities depend on where people are in their career life cycle and work as additional levers that employers can pull to attract and retain in-demand talent and under-represented groups. For example: What Workers Want: A Generational Perspective Millennials Gen Z Gen Xers Baby Boomers Know they have career ultramarathons ahead of them Ambitious, hungry for cash and career development Know that flexibility = wellbeing Prioritise challenging work in their top needs
  9. 9. 9What Workers Want 2019 Hierarchy of Needs 1. Pay always matters Pay is the top attraction and retention factor for all workers under 65 years old, regardless of gender. 2. Personalized career insight, driven from data and assessment 81% of workers who have been assessed report higher job satisfaction. 3. Challenging work in the form of education, experience and exposure People want challenging work, to develop skills and further careers. Challenge ranks among the top 5 priorities for workers of all ages, genders and geographies. 4. Flexibility and control over calendar is a must and contributes to worker wellbeing Flexibility ranks in the top 5 priorities for workers of all ages, genders and geographies, it's the 2nd most important attraction factor for workers aged 25-44. 5. Purpose is a must - workers want to take pride in what they do and who they work for Purpose, brand and reputation rank in top 10 attraction factors for all workers. Top Worker Needs
  10. 10. 10What Workers Want 2019 Address What Workers Want: Take 5 Actions Get creative about compensation Pay matters but so do other elements of compensation, help to meet individual needs wherever they are in their career journey. Assess for fit and potential Provide people with the insight they need to thrive, and you’ll end up with more motivated and satisfied workers. Build a Culture of Learnability Provide workers with the challenge they crave and the support they need to grow and succeed. Create flexibility that allows One Life Wherever people are in their career life cycle – it drives wellbeing and productivity too. Be more than transparent about your Why Be explicit and authentic about the purpose and meaning in your company’s mission and ensure leaders live it.
  11. 11. 11What Workers Want 2019 A Holistic Workforce Strategy
  12. 12. manpowergroup.co.uk/the-future-of-work-and-skills

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