And this is a bad thing how?
:-).
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effect Gen-Reagan/Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.
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Outsource the Executives !!!!
LOL! There isn't a senior executive at a public company anywhere in America who cares in the least about this "perfect storm". They feel that talent can always be bought on the open market when needed...and they are probably right, as long national borders are no barrier. Deloitte might as well be warning about an impending toilet paper shortage for all the traction this report is going to get in corporate America. ;)
What all these idiots fail to account for the the very large labor pool in the 40+ year old age group who are unemployed or underemployed. Generally speaking, this age group is savvy, seasoned, with good skills learned in school and in 20 years of being in the workforce, yet they are cast aside or not called back for the second interview because of their grey hair.
When I hear that most of my engineer, programmer and PhD friends can easily find jobs at a salary level that supports a family, then I'll say these companies have a problem.
Until then, they're just another whining set of clueless bozos who are not looking at the entire talent pool in this country. They're only looking at the 20-30 yo set, and only plan to pay a salary that not even many single people can use to survive.
for rank and file white collar staffers - US corporations aren't worried in the least, they are offshoring and laying off these workers in droves now, there is no chance of a "shortage" when you have a global labor pool available. The current frenzy of M&A activity will knock off hundreds of thousands more white collar workers.
bump
Dear "HR executives",
That's why there are such things as resumes and interviews. I'm sure you are perfect employees. So stop whining and do your jobs.
Sincerely,
k2
That is EXACTLY what I picked up out of that article. Conservatives think so much alike, it's funny sometimes...
One of my contractors just quit to go work for Deloitte Consulting. He had to move to California for the job.
Small world.
I recently had a conversation with a plant manager on his factory floor.
In response to my "How's business" question he said sales are booming but he can't find anyone to work.
He has had his signs up since early December and has interviewed over 80 applicants. He hired several but all are gone. Half of those hired failed the drug test. The others would come to work a few days and then either not show up or come in late.
He has fairly nice and clean facilities with no really obnoxious jobs. He pays above average wages and has good benefits. He even slacked off on his requirement for a highschool diploma.
The cost for a medical exam and drug screen is nearly $200. He has spent several thousand with nothing to show for it. He has a very bad problem with no good solution in sight.
Right, the baby boomers just can't anyone as good as themselves.
They say obesity is deadly. There's your proof.
Of course this has always been true, even if the Baby boomers are creating a more urgent situation, management has always considered interaction with employees to be a necessary chore to be avoided if at all possible. This is because talant in management has been considered not necessary for most management positions as managers attempt to surround themselve with useful idiots who will present no serious competition to their own rise.
Good managers have always known that they must stay in touch with their employees and find ways to keep valuable employees happy. This flies in the face of Political Correctness and Multicultuirism that states that almost any minority is qualified for nearly any position that they want. Enough managers with no talant and the workforce will realize that their needs will not be satisfied at any time in the future. Then they start looking.
In my firm, it was standard practice to immediately accept the resignation of any individual, regardless of ability and critical tasks performed if said individual implied that if they would resign if some action beneficial to them were not taken by management.
Dark Wing tells me that this retirement wave is much worse for the federal civil service.
they might have to hire those "mean, nasty, white males"...
Perhaps the problem is not that there are too few skilled workers.
But that there may be too many skilled jobs for the percentage of geniuses in America's portion of the world population.
We should therefore concentrate on solutions to reduce the number of skilled jobs.
In the short term, this may be painful to some employers, but in the long term it better for everyone.