Here is a summary of the article, for those who don't want to read and are as lazy as me :P
- Companies must also try and retain key talent, for replacements are hard to find.
- A whopping 48% of employers in the country are experiencing difficulty in filling positions in their firms, a survey by ManpowerGroup has found.
- Particularly difficult to fill are the ranks of IT staff, engineers, sales and marketing people.
- “Access to talent is the key competitive differentiator and leaving key positions unfilled due to talent shortage will be a problem in the years to come,” says Sanjay Pandit, managing director, ManpowerGroup India.
- Undesirable geographical locations and the candidates’ quest for higher pay only make things more difficult for companies.
- Such shortage of talent leads to firms investing heavily in training new recruits, to make them productive.
- According to estimates by education services firm Aspire Human Capital Management, less than 25% of the country’s youth are employable, and get jobs compatible with their qualifications.
- The solution - Focus more on retention in jobs where recruitment is difficult, increase salaries, partner with educational institutions to create curriculums aligned to talent requirements.
- Indian Population is 1.22 billion. As per http://www.indiaonlinepages.com/population/india-current-population.html 50% of the population is 0 to 25 years, Assuming we start working after graduation, Is the article saying that 25% of that doesn't fulfill our corporate needs.
- Yes, Retaining is difficult, With the use of graphology, You can understand the very motivating factor of employee and this helps retain the employee
- To think about it training is more difficult than retaining. Graphology helps understand and check if the person is trainable at the time of hiring and can save company huge losses.