Talent Shortage in a Recession

by greig 4 September 2009 12:26
It may seem a strange thought with all the talk of unemployment and a market flooded with candidates but we're at the start of a talent shortage.

Take for example the power generation market. By 2016 35% of current power stations will have been turned off to meet European emissions standards. Others need work to bring them up to scratch. Add on top of that rising demand for power and the prospect of electric vehicles and there's a lot of work needs to be done to make sure the lights stay on.

But it's difficult to recruit power generation professionals. True the recession has seen lowered demand but it's still not easy. Engineering graduate numbers remain low and with employers keeping an eye on graduate recruitment costs it limits the number of experienced workers further down the line. The security requirements surrounding nuclear work make the task even more difficult. Add to that numbers looking to retire and the talent pool diminishes further. 

The same perfect recruitment storm is lining up over a number of professions. Graduate numbers in certain sectors remain low. Employers cut back graduate schemes. Five years down the line it becomes even more difficult to find experienced talent.

Social workers, IT security experts, electrical engineers, chefs, environmental engineers, midwives, energy consultants, the list goes on. This is where the challenges and rewards in recruitment will lie.

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Talent Acquistion

by greig 2 March 2009 17:17

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