Talent Talk Webinar Sourcing In A Time Of Scarcity

  • 455 views
Uploaded on

The workforce is changing. Older workers are retiring. Key knowledge and skills are draining from many organizations. At the same time, recruiting younger workers takes new approaches. And with …

The workforce is changing. Older workers are retiring. Key knowledge and skills are draining from many organizations. At the same time, recruiting younger workers takes new approaches. And with studies showing younger workers stay with one job an average of half as long as their baby boomer counterparts, organizations need to get smart about not only finding, but retaining key employees. Talent management expert David Freeman walks you through simple steps and strategies for Sourcing top talent in a time of scarcity. You’ll learn:

• What the forecast is for the labor market in upcoming years

• How to combat the knowledge and skills drain

• How to successfully find, attract and retain Generation X and Y workers

More in: Business , Technology
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
455
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
22
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. “ Sourcing in a Time of Scarcity” Hosted By: David Freeman Talent Management Solutions Consultant Cytiva Software Inc.
  • 2. Ask Questions Enter Question Press Send
  • 3. “ Sourcing in a Time of Scarcity”
    • What does the forecast for the labor market look like in upcoming years?
    • How to combat the knowledge and skills drain.
    • How to successfully find and retain Generation X and Y workers
  • 4. “ Sourcing in a Time of Scarcity”
    • 51% of the workforce is expected to be age 40 or older by 2010
    • Workforce growing at slower rate than in previous decades (8.5% 2006-2016, 13.1% 1996-2006)
    • Fewer younger workers entering the workforce. Number of workers between 16-24 expected to decline by 6.9% and those aged 25-39 by 5.7% by 2016
    • Workforce shortfall?
  • 5. “ Sourcing in a Time of Scarcity” Motivating and retaining seasoned workers
    • Motivating and retaining seasoned workers
    • Sourcing, and retaining the Gen Y population
  • 6. “ Sourcing in a Time of Scarcity” Motivating and retaining seasoned workers
    • What motivates seasoned workers?
      • Learning and development opportunities
      • Flexibility in their schedule
      • Autonomy in their job responsibilities
      • Challenging projects/assignments – possibility to mentor, “knowledge share”
      • Special benefits such as “care-giver days”
      • Retirement programs including planning tools/resources
  • 7. “ Sourcing in a Time of Scarcity” Motivating and retaining seasoned workers
    • Best Practices
      • Provide learning opportunities including; classroom training, online learning, workshops, tuition reimbursement
      • Offer paid time off (PTO) vs. vacation time when possible. Increases flexibility in the schedule.
      • Consider a “time off bank”
      • Offer age-targeted retirement planning
      • Special benefits such as “care-giver days”
      • Phased retirement programs
      • Mentoring Programs
  • 8. “ Sourcing in a Time of Scarcity” Motivating and retaining seasoned workers
    • Available Resource
      • AARP Employer Resources - http://www.aarp.org/money/careers/employerresourcecenter/
      • AARP Workforce Assessment Tool – http://www.aarpworkforceassessment.org
  • 9. “ Sourcing in a Time of Scarcity” Sourcing, and retaining the Gen Y population
    • What makes the Gen Y worker unique?
      • They tend to have a feeling of entitlement
      • They expect to be paid more, have more vacation time, and more flexible schedules
      • They expect to be promoted quickly
      • They have a more difficult time listening and taking directions then their predecessors
      • Tend to stay in positions for shorter periods of time.
  • 10. “ Sourcing in a Time of Scarcity” Sourcing, and retaining the Gen Y population
    • What motivates Gen Y workers?
      • Regular, immediate feedback. They live for electronic communication.
      • A team atmosphere
      • Changing tasks and responsibilities – “rotate to motivate”
      • Flexible schedules – telecommuting, flex time, PTO
      • Special benefits such as company sponsored extra-curricular activities, friends and family discounts
  • 11. “ Sourcing in a Time of Scarcity” Sourcing, and retaining the Gen Y population
    • Sourcing/Attracting the Gen Y worker
      • Time to update your corporate career site
      • Take advantage of available technologies
      • Have a presence where they are “hanging out”
      • - MySpace, YouTube, FaceBook, etc.
  • 12. “ Sourcing in a Time of Scarcity” Sourcing, and retaining the Gen Y population
    • Corporate career sites - Gen Y Style
      • Tell a story…don’t just spew information
      • Make it fun, exciting, interactive
      • Consider having an employee blog
      • Take your lead from marketing
      • Examples:
        • http://www.microsoft.com/college/default.mspx
        • http://careers.bankofamerica.com/overview/overview.asp
        • http://www.tandk.com
  • 13. “ Sourcing in a Time of Scarcity” Sourcing, and retaining the Gen Y population
    • Take advantage of technology
      • Resume Search Spiders - Infogist
      • Job alerts by text message – CareerBuilder
      • Social Networking Sites
  • 14. “ Sourcing in a Time of Scarcity” Sourcing, and retaining the Gen Y population
    • Hang where they hang
      • MySpace
      • Thomas and King’s MySpace Page
      • Applebee’s MySpace Page
      • YouTube
      • Thomas and King’s YouTube Video
      • FaceBook
      • Microsoft’s FaceBook Page
  • 15. “ Sourcing in a Time of Scarcity”
    • What does the forecast for the labor market look like in upcoming years?
    • How to combat the knowledge and skills drain.
    • How to successfully find and retain Generation X and Y workers
  • 16.
    • Cytiva’s Free Webinar series
      • Sourcing Talent in a Time of Scarcity
        • - 8/14/08 10-11 AM PDT
      • Getting the Most Out of Your Recruiting Investment
        • - 9/11/08 10-11 AM PDT
      • Six Steps To Implementing Performance Management Software
        • - 9/18/08 10-11 AM PDT
      • Interview Techniques and Strategies for Hiring top Performers
        • - 10/09/08 10-11 AM PDT
      • Retention: The Key to a Successful Recruiting Plan
        • - 11/20/08 10-11 AM PT
    • Register at: www.sonicrecruit.com/company/events.htm
  • 17. “ Building an Effective Referral Program to Source Quality Hires”
    • Cytiva Software Inc. offers a wide variety of products and services to help you get the most out of your recruiting efforts.
    • Talent Acquisition System
      • Custom career sites
      • Employee referral management
      • Career agents
      • Ad posting and tracking
      • Manager self-service
      • Contact management/Outlook integration
      • EEO/OFCCP compliance
      • Vendor Management Module
      • Onboarding Module
      • Hourly Recruiting System
    • Consulting
    • SonicPerform Performance Management System
    • To learn more contact:
    • David Freeman
    • Talent Management Solutions Consultant
    • 877-775-0888
    • www.sonicrecruit.com