HRO Today June 2015 - 38

Talent Acquisition
Is a Talent Shortage Coming?
New research examines current challenges in the labor market and
how organizations can overcome them.
By Ian Cameron
There has been a lot of buzz lately about a talent
shortage. The Conference Board's new report From Not
Enough Jobs to Not Enough Workers predicts a 15-year
period of tight labor conditions. All signs are pointing in
the direction of a candidate's market.
The 2015 McQuaig Global Talent Recruitment Survey
questioned 453 HR professionals to find out what the
talent market's like, what's working for organizations,
and where their challenges lie. Some of the results are
rather telling when it comes to the predicted talent
shortage and how companies are reacting.
One-third of HR professionals report that it's harder
now to fill positions than it was one year ago. More than
half felt it was about the same, and only 8 percent said
it was getting easier to fill vacancies year-over-year.
Compared to the 2014 survey, about the same number
(34 percent) of respondents felt it was getting harder,
but a much smaller percentage (8 percent this year
versus 28 percent in 2014) felt it was getting easier. This
large decrease may suggest that a talent shortage is, in
fact, building and starting to have an impact on some
[38]
HRO TODAY MAGAZINE
|
JUNE 2015
segments of the market.
So what are companies doing to address a talent
shortage? Some companies are having more success
(deemed winners by the survey) than others (deemed
strugglers by the survey). Organizations that are
experiencing success are using an average of three
strategies to help win the war for talent, the top one
being looking more inward and investing in existing
employees.
Interestingly,
winner companies
are much
more likely to
be investing
in training
existing staff (75
percent versus
55 percent).
This could be a
sign of a return
to training
initiatives. Winner
organizations
Figure 1: Is it Harder to Fill Positions This Year?

HRO Today June 2015

Table of Contents for the Digital Edition of HRO Today June 2015

HRO Today June 2015 - 1
HRO Today June 2015 - 2
HRO Today June 2015 - 3
HRO Today June 2015 - 4
HRO Today June 2015 - 5
HRO Today June 2015 - 6
HRO Today June 2015 - 7
HRO Today June 2015 - 8
HRO Today June 2015 - 9
HRO Today June 2015 - 10
HRO Today June 2015 - 11
HRO Today June 2015 - 12
HRO Today June 2015 - 13
HRO Today June 2015 - 14
HRO Today June 2015 - 15
HRO Today June 2015 - 16
HRO Today June 2015 - 17
HRO Today June 2015 - 18
HRO Today June 2015 - 19
HRO Today June 2015 - 20
HRO Today June 2015 - 21
HRO Today June 2015 - 22
HRO Today June 2015 - 23
HRO Today June 2015 - 24
HRO Today June 2015 - 25
HRO Today June 2015 - 26
HRO Today June 2015 - 27
HRO Today June 2015 - 28
HRO Today June 2015 - 29
HRO Today June 2015 - 30
HRO Today June 2015 - 31
HRO Today June 2015 - 32
HRO Today June 2015 - 33
HRO Today June 2015 - 34
HRO Today June 2015 - 35
HRO Today June 2015 - 36
HRO Today June 2015 - 37
HRO Today June 2015 - 38
HRO Today June 2015 - 39
HRO Today June 2015 - 40
HRO Today June 2015 - 41
HRO Today June 2015 - 42
HRO Today June 2015 - 43
HRO Today June 2015 - 44
HRO Today June 2015 - 45
HRO Today June 2015 - 46
HRO Today June 2015 - 47
HRO Today June 2015 - 48
HRO Today June 2015 - 49
HRO Today June 2015 - 50
HRO Today June 2015 - 51
HRO Today June 2015 - 52
HRO Today June 2015 - 53
HRO Today June 2015 - 54
HRO Today June 2015 - 55
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-chro-today-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/chro-today-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-1014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hrot-january-february-2014
https://www.nxtbookmedia.com