Restrictive skilled migration policies continue to be a challenge for the global mobility of talent, often exacerbating
the talent mismatch in specific areas.
The talent mismatch in the Life Science sector is well documented.
Not exact matches
The foundation is set with culture and cohesion, now it's a non-linear mix of five keys: increasing collective execution through impact players (Garoppolo, maybe Foster, # 9 pick) adding playmakers that win situational
mismatches (McKinnon, edge, red zone WR / TE) accelerating development through position group leader / mentors (Sherman, Richburg, need more) taking weaknesses off the field (Hyde
in the passing game, Kilgore, current starting G, roster deadwood) converting young
talent into consistent reliable producers (most of the defensive starters and Garnett)
Since leaving the South of Wales to assume one of the toughest jobs
in England, Rodgers inherited a squad full of
mismatches from disastrous tenures, a wage bill of monstrous proportions, and ultimately relying on young, raw
talent.
Mismatching — Skills Shortages The UK is suffering from a
talent crisis, with a particular shortage
in skills relating to science, technology, engineering and mathematics.
The beginning of 2017 saw vacancies outnumbering candidates four to one
in an «acute
talent mismatch», according to the company.
However the
Talent Mismatch score of 10 is reflected
in the continued skills shortage
in the local oil and gas labour market.
For key oil and gas countries included
in the report, there is a clear trend as «
talent mismatch» and «wage pressure
in high - skill industries» indicators are consistently high, underscoring the continued challenges employers are facing
in attracting and / or developing the right skills.
A slight fall
in the rate of long - term unemployment contributed to the decline
in the
talent mismatch indicator.
In the Europe and Middle East region, there has been a rise in talent mismatch, but the effect on the overall score has been limited by easing wage pressure in the whole econom
In the Europe and Middle East region, there has been a rise
in talent mismatch, but the effect on the overall score has been limited by easing wage pressure in the whole econom
in talent mismatch, but the effect on the overall score has been limited by easing wage pressure
in the whole econom
in the whole economy.
The bigger story
in the Americas is that
Talent Mismatch is less of a problem, indicating that employers are able to find the employees with the required skills more easily than before.
New Zealand saw an improvement
in its
talent mismatch indicator, due to the number of people who have been out of work for a year or longer falling.
Despite the
talent mismatch being a significant concern based on the barometer, Canada has the system
in place to address this
mismatch head on, as indicated
in the Index.
The report titled «The Great
Talent Mismatch» and produced
in collaboration with Oxford Economics, is based on an analysis of professional employment markets across 30 major global economies.
Rising vacancies are a growing challenge
in many European countries, and that has pushed the average score for the
talent mismatch indicator up.
Employers continue to experience difficulties while navigating the supply and demand of skilled labour due to issues such as
talent mismatch, inflexible labour markets and wage pressures
in high - skill industries or high - skill occupations, with important implications for educators, policy makers, firms and workers everywhere.
Interestingly, on the other side of the world, Australia is on the other side of the spectrum, with a 4.0
in talent mismatch; meaning they have the right
talent aligned with their business needs, just not enough people to meet the demands by employers.
The overall message I took away, was that despite warning signs
in the economy and issues that need to be addressed around skills shortages and
talent mismatches, there is a positive outlook
in Canada due to the innovative, hardworking and determined overall Canadian business and professional mindset.
Perhaps more important is evidence that
talent mismatch is less problematic
in four of the six countries
in the region.
Meanwhile, the rate of long - term unemployment, which contributes to the
talent mismatch indicator, has recently declined
in the US, Canada and Mexico.
A fall
in the rate of unfilled vacancies and falling structural employment suggests
talent mismatch issues are declining.
As Simon Lance, Managing Director of Hays Greater China commented, «the score decrease
in «labour market participation» and «
talent mismatch» is indicative of an improved ability for the local labour market to meet the demands of employers.
According to the Hays Global Skills Index, a study of labor supply and demand efficiency conducted by Hays for 33 countries,
talent mismatch (the gap between the skills that companies are targeting and the skills that people have)
in Japan is amongst the worst
in the world.
Severe
talent mismatch: Japan received a score of 9.8 for «
talent mismatch»
in the 2016 Hays Global Skills Index, which showed there was a significant gap between the skills needed by businesses and the skills available
in the job market.
As Industrial Internet engineers are required to have expertise
in both machinery and data science, we expect to see considerable
talent mismatch due to the dramatic shortfall between the number of highly skilled professionals and the high demand for positions to be filled.
Richard Eardley, MD for Hays
in Ireland, gave a keynote address highlighting Global Skills Index entitled «The Great
Talent Mismatch».
Based on the latest Hays Global Skills Index, Canada's
talent mismatch is worse
in 2015 than it was
in 2014, largely based on a lack of skilled people entering the workforce, resulting
in wage pressure for skilled jobs.
The Hays Canada survey complements Hays» second annual Global Skills Index (created
in partnership with Oxford Economics), released today, which reveals that the
talent mismatch is widening
in Canada.
The UK now has a
talent mismatch score of 9.7 out of 10, among the worst
in Europe.
However, with this growth comes new challenges
in the form of a
mismatch of
talent with the skills business needs, further wage inflation and stagnant employee productivity.
Not only
in China or Asia, but worldwide, there is a
mismatch between the skills needed
in the labour market and those of available
talent.
The truth is that our
talent mismatch — the gap between the skills that companies need and those available — is one of the worst
in Europe, exceeded only by Ireland, Portugal and Spain.