Recruitment selection will be a major challenge for many companies in the next few years. One of the challenges in recruitment is for companies to be aware of their local labor market. As the forces of demand (employers looking for people) collide with that of the availability in regional labor markets, many of these growing companies must figure out ways to create opportunities to create the needed skills for its future workforce.
My article focuses on these very challenges for three companies, Ricardo and engineering firm in Detroit seeking qualified engineers in a city with an unemployment rate of 13.3%. Out of desperation it put out a billboard featuring a sexy-looking sports car with the tag line “Why you became an engineer” on the advertisement is a web address for job seekers.
Others such as General Electric, located in Louisville, Ky., they are in the middle of expansion for 1,300 new jobs as they establish “centers of excellence” in refrigeration technologies. And lastly firms like Deloitte is going into a hiring mission. Deloitte is the world’s largest professional-services firm. They are scouring college campuses for fresh brains. The firm is seeking tax, specialist, lawyers, auditors who can solve the planets new challenges as business is done globally and old markets are being transformed.
Although new fresh minds are being sought out to tackle these challenges, grown-ups with actual work experience are seeing more daylight as they have much of the experience needed in these jobs. These dynamics provide interesting challenges as corporations consider internal versus external recruitment. The use of executive search firms, virtual job fairs and special inducements such as relocation aid, signing bonuses in attracting new employees into geographical areas that are beginning to bound back from this great recession, where many jobs were exported and or destroyed.
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