From the Appleton Post Crescent, here's another study on skilled workers. A sample:
Over the next 15 years, the demand for bright, talented 35- to 45-year-olds will increase by 25 percent, while the supply is predicted to decrease by 15 percent," according to a McKinsey & Co. study.
Finding, and then keeping, "good employees" is getter tougher. But is that such a bad thing?
As you've probably noticed, I'm a free market kind of guy. I feel like the free market does things better - or should - than public sector, or combo ventures. The government either artificially props up industries, or holds back industries. An over simplification, I know, but a key point that should be discussed.
Elements that are influencing this situation include:
Baby boomers retiring, birth rates declining, the skill gaps widening, corporate loyalties disappearing, and internet capabilities increasing worker mobility.
The silver lining is that skilled workers will be more desirable, so it follows that pay and benefits will have to increase to attract them. That's a good thing. And it's a far cry from the government issuing a mandate that tells companies how little they should pay people: That's called the minimum wage.
Join in the discussion with a comment!
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Two comments:
1) I think that people are going to stay in the workforce longer. I find myself thinking that I'll never retire because I have too much fun. I've made a career from which I derive a lot of satisfaction. Either full time or part time I think I'll be around for a while and there are others like me (I'm 42, btw)
2) Any insight into what skills are becoming in short supply? I would think that in the US the type of skill needed is changing from purely analytical, computational, technical to more relationship,design,and big picture oriented. What do you think?
Posted by: ann michael | May 22, 2006 6:17 AM | Permalink to Comment