28 Jul

We Need Talent But We Won’t Hire Older Workers

Much has been said about the growing lack of skilled and talented workers in the US.  In fact, the talent shortage is actually slowing down business growth.  According to the Wall Street Journal in a July 2014 article, “33% of small-business owners and chief executives said they had unfilled job openings in June because they couldn’t identify qualified applicants, up from 31% of 811 owners nearly two years ago.”  It’s even more difficult today.  Finding Qualified Quality Applicants shouldn’t be that hard and older workers are an untapped resource that shoe be given serious consideration.

What makes me shake my head in amused disbelief is that many companies experiencing talent shortages are also experiencing slow or low productivity. While they may be profitable, they are nowhere close to the levels they could achieve. All because of the limiting beliefs created by myth.  That myth is based on a mantra that states “We won’t hire older workers.”

Do Businesses Really Say That?

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21 Jul

Workforce Planning for Business Success

The current worker shortage has caused havoc for many businesses.  Work is being declined, and that is both stopping business growth and causing revenues to decrease.  So what is a business to do?  The answer, not without concerted effort and skill, is simple just the same.  Workforce Planning for your business can in fact not only address the shortage but also make your company more productive and profitable.

The bigger challenge is having the Knowledge, Skills, and Abilities (KSA) within your organization to go through the process.  Workforce Planning can be complex, but it doesn’t have to be.  In fact, the OPM has a simple 5-step process you can follow that can get you started.  What does that OPM 5-step process look like?

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14 Jul

Choosing the Right Business Coach

Today, anyone can get up in the morning and decide they are a Business Coach.  The profession is unregulated with no required education, experience,  licenses, or certifications.  It is understandable that you want to trust your business to someone who not only knows what they are doing, but who also has the necessary education, training, experience, and credentials to be an effective Business Coach. The following will help you select your Business Coach:

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07 Jul

Beat the Labor Shortage With Higher Quality Employees

In a June 6, 2018, USAToday article, Jeff Cox writes about our current labor shortage, “there are now more openings than there are workers.” He later shares, “there were just shy of 6.7 million open positions in April, “ and then, “As of April, the total workers looking and eligible for jobs fell to 6.35 million, a decrease from 6.58 million the previous month. The number fell further in May to 6.06 million.”  In other words, we have a labor shortage that is growing.

Further, in the article, he shares, “Given these trends, the sluggish wage growth rate is even more perplexing,” said Cathy Barrera, chief economist at ZipRecruiter, an online employment marketplace. “If employers want to fill these 6.7 million job openings, they are either going to have to raise wages or find more clever and creative ways to recruit workers off the sidelines.”

Raising wages is something that not all businesses can do, especially direct wages.  However, creating an environment where you have higher quality employees who are rewarded for increases the business achieves as a result of the efforts of the higher quality employees could be an answer that any business can do.  In essence, you can create a process that eliminates any perception of a labor shortage.

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