HRO Today December 2019 - 55
Talent Acquisition
In a tight labor market, organizations are looking from within to fi ll
talent shortages.
By Marta Chmielowicz
Today's job market is plagued with skills shortages.
According to SHRM's The Global Skills Shortage study,
83 percent of HR professionals have had trouble
recruiting suitable candidates in the past 12 months,
and 75 percent of these struggling leaders attribute
their diffi culties to a lack of available skills. The country
is also facing full employment: In December 2018, there
were 7 million open jobs in the U.S. but only 6.3 million
unemployed people looking for work.
The accelerating pace of technological change is
exacerbating the talent dilemma, shortening the shelf
life of skills and shifting the demands of work in the
digital age. " Most industries are introducing new digital
tools and automation to free up employees' time to
focus on more strategic tasks and innovation, " says Mike
Hughes, managing director at West Monroe Partners.
" In fact, our recent research found that 70 percent of
companies have introduced at least one new form of
technology in the last 12 months to increase employee
capacity. "
While companies offer training on how to use these
tools, they often neglect to develop the problemsolving,
strategic thinking, and communication skills
needed to leverage the technologies to their full
capacity, further contributing to skills shortages.
According to Craig Sweeney, senior vice president of
global strategic talent solutions at WilsonHCG, this
imbalance of supply and demand results in an ultracompetitive
talent market where recruiters cannot rely
on passive, brand-based attraction-they need to work
harder to actively engage job seekers, driving up the
cost of recruitment.
DECEMBER 2019 | www.hrotoday.com
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HRO Today December 2019
Table of Contents for the Digital Edition of HRO Today December 2019
HRO Today December 2019 - 1
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