I was at a family reunion this last weekend and we were talking about recruiting issues. They were mentioning that despite unemployment numbers, they still had a hard time finding the right people for the most critical positions that were open. And it isn’t a question of technique, or pay or anything along those lines. It’s a situation where there is a genuine labor shortage. Only a few people could do this job in the country. They’ve done research and it is under 1,000 people.
This company has spent millions of dollars on talent acquisition alone in this one critical area of their business. Their problem isn’t going away anytime soon. And they are doing things to help but it isn’t enough.
So I asked who is going to blink first: the people that need to hire or the people that need the jobs? Whose will is going to break in order to make the tough decision that maybe it is time to retrain the workforce since many of the positions that existed a decade or two ago aren’t coming back.
Is there a third option? As I discussed with someone else, there is a short term solution. Importing talent has been going on for quite a while. The person I talked to said his company got 5% of the temporary visas they asked for though. And they certainly didn’t advertise that fact.
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