>>By the Numbers January 25, 2019

By the Numbers January 25, 2019

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Soft Skills Trump Others for Employers

The Numbers: While technological skills are critical in today’s employment market, soft skills are what employers are valuing most, per a poll from Cengage. 73% of employers are facing obstacles when trying to find qualified candidates, while 65% of employers cite soft skills at the top of their list.

Substantial Talent Gap Continues in Tech

The Numbers: Per a survey from Modis and General Assembly, 80% of decision-makers in tech stated there is a talent gap impacting their industry. In spite of this, 67% plan on increasing headcount this year – which is a decrease from 2018 at 79%. Of these respondents, 41% stated that ‘finding talent with the appropriate technical skill set needed is somewhat much more difficult’.

The Majority of Workers Would Consider Relocation

The Numbers: 62% of workers would look at relocating for a new position, per a poll by Robert Half. Another poll found that in the past five years, 34% of companies have increased their relocation-package offerings to top candidates while 30% of companies don’t offer any relocation benefits.

BountyJobs Reports: 9 Best Practices: Making the Most of Your Recruiting Partnership

The Numbers: Shorter time-to-fill, more quality candidates to choose from, a recruiter with a wealth of knowledge in your industry…employers with critical roles are turning to third-party recruiters for help. There are so many benefits with this hiring solution, but how do you go about leveraging third-party support? This white paper explores perks enjoyed when working with a third-party recruiter, how to find the best recruiter for your roles, negotiating terms, ensuring clear communication and more tips for success.

Automation Drives 87% of Headcount Increase

The Numbers: As a result of automation, 87% of employers globally are forecasted to increase or maintain headcount, per ManpowerGroup’s report ‘Humans Wanted: Robots Need You’.

Due to Lack of Skills, Workers Can’t Find Jobs

The Numbers: 54% of Americans can’t find a job they want due to a lack of required skills, per an online Harris Poll by the American Staffing Association Workforce Monitor. Other top reasons they can’t find work are: lack of jobs open in their field (45%), their location has few opportunities (33%), they are looking for a job with flexible working hours (26%), and they stopped looking due to feeling discouraged (24%).

Talent Shortage Increases as Top Emerging Risk

The Numbers: The talent shortage has hurtled past other top risks such as ‘accelerating privacy regulation’ and ‘cloud computing’ to become the highest risk in Q418, per Gartner Inc.’s ‘Emerging Risks Survey. 63% stated that a talent shortage or talent risk was their organization’s major concern. The top industries facing this issue are retail and hospitality, consumer services, industrial and manufacturing, financial services, and the government and nonprofit sectors.

One-Third of U.S. and UK Workers Lack Confidence in Skills

The Numbers: 32% of respondents stated they felt unqualified to perform their assigned work and 33% are concerned that their boss or colleagues agree, per a report from Docebo. 52% feel they have a co-worker who isn’t qualified to perform the duties they are responsible for.

Government Shutdown: Recruiting Opportunity?

The Numbers: The average government worker earns $500 a week and is living paycheck to paycheck. As some restaurants are offering free meals to those workers impacted, some government employees are calling in sick, leveraging crowdfunding or even holding garage sales to make ends meet. As such, folks may be looking for new opportunities. The fastest growing industries are Technology, Engineering & Science, Finance & Insurance, and Energy & Utilities.

Top Paid IT Roles in Low to Mid Six Figures

The Numbers: Chief Information Officers and Chief Technical Officers are the highest-paid roles in technology this year, per a salary guide released by Mondo. Salaries for these roles range from $175,000 to $300,000 this year while Chief Information Security Officer came in second with salaries between $175,000-$275,000.

By |2019-01-24T18:30:43+00:00January 25th, 2019|Categories: Talent Acquisition Trends|Comments Off on By the Numbers January 25, 2019

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.