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Supporting tomorrow’s workforce
Vasanthi Ranganathan
TREF
Tomorrow’s Reality
• Millennial are entering as interns from School
• Millennial are comfortable in leadership roles
• Companies vying for the best in talent
• Most employers are unable to find skilled candidates
• Almost all employees are already looking for jobs
• Mobile job search and social networking is exploding
• Succession planning has become top priority
• More people stepping out of traditional career paths.
• Companies are looking to hire more temp workers
Source: 10 Workplace Trends For 2015,
Forbes.com
What Next …..
For Employees…
• Career assessment &
planning
• Competency based
education
• Aspiration matching
remuneration
• Flexible work options
• Work life balance
For Employers….
• Workforce planning &
JIT sourcing
• Right person for right
job (Low skill gap)
• Stable and predictable
resource costs
• Demand based staffing
• Peak Performance
management
Proposed solution
Awareness
Engaging
Deploying
Sustaining
Awareness
Phase 1: (Introduce the concept)
• Student outreach programs through
– Career Workshops / Seminars / Fairs
• Profiling of career aspirations to abilities
Phase 2: (Provide Individual attention)
• Career counseling to support aspirations
• Work orientated programs to close skill gaps
Engage
Phase 3: (Estimate demand and competencies)
• Identify companies demand for competencies
• Map available competencies to demanded
Phase 4:
• Expose the right candidate to right employer
• Facilitate internships for job acclimatization
Deploy
Phase 5: (Provide meaningful jobs)
• Ensure third party on the job counseling
• Engage employer to address challenges
• Phase 6: (Ensure career planning)
• Provide view of future career paths
• Create learning maps for fulfilling career
needs
Sustain
Phase 7: (Inspire flexible work formats)
• Create flexible work options as per demand
• Encourage multifaceted development for
fulfilling career goals
Phase 8: (Facilitate work life balance)
• Offer a jobs that meet individual’s demands
• Map outcomes to remunerations

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Supporting tomorrow’s workforce

  • 2. Tomorrow’s Reality • Millennial are entering as interns from School • Millennial are comfortable in leadership roles • Companies vying for the best in talent • Most employers are unable to find skilled candidates • Almost all employees are already looking for jobs • Mobile job search and social networking is exploding • Succession planning has become top priority • More people stepping out of traditional career paths. • Companies are looking to hire more temp workers Source: 10 Workplace Trends For 2015, Forbes.com
  • 3. What Next ….. For Employees… • Career assessment & planning • Competency based education • Aspiration matching remuneration • Flexible work options • Work life balance For Employers…. • Workforce planning & JIT sourcing • Right person for right job (Low skill gap) • Stable and predictable resource costs • Demand based staffing • Peak Performance management
  • 5. Awareness Phase 1: (Introduce the concept) • Student outreach programs through – Career Workshops / Seminars / Fairs • Profiling of career aspirations to abilities Phase 2: (Provide Individual attention) • Career counseling to support aspirations • Work orientated programs to close skill gaps
  • 6. Engage Phase 3: (Estimate demand and competencies) • Identify companies demand for competencies • Map available competencies to demanded Phase 4: • Expose the right candidate to right employer • Facilitate internships for job acclimatization
  • 7. Deploy Phase 5: (Provide meaningful jobs) • Ensure third party on the job counseling • Engage employer to address challenges • Phase 6: (Ensure career planning) • Provide view of future career paths • Create learning maps for fulfilling career needs
  • 8. Sustain Phase 7: (Inspire flexible work formats) • Create flexible work options as per demand • Encourage multifaceted development for fulfilling career goals Phase 8: (Facilitate work life balance) • Offer a jobs that meet individual’s demands • Map outcomes to remunerations