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More Talent Management Facts #11

April 11, 2010 by Ken Nowack

“Don’t Confuse Facts with Reality.”

Robert Ballard

1.  According to a survey conducted at the 2009 World Economic Forum, 12% of the respondents said an inadequately trained workforce was a barrier in doing business in the U.S.  This figure was 9.9 in the UK, 6.2 in China and 4.8 in India.

2.  A survey of 785 senior leaders by Profiles International Research Institute (about half were directors, VPs and senior executives) suggested that over 76% were not sure whether they applied a consistent personnel selection process to all job candidates.  Furthermore, 73% reported that they were unsure if all the relevant stakeholders are even involved in important employment decisions.

3.  A recent American Psychological Association involving 2,160 adults aged 18 or older revealed that 81% of employed men reported work as the most significant stressors compared with 68% of employed women.  Among 35-44 year olds, the number of men reporting money as a significant stressor also surpassed that of women (88% to 77%).

4.  According to a recent 2009 report by Development Dimensions International (DDI), during the first level of management there are 28% more men than women who receive development such as high potential groups.  This number rises to 50% at the executive level according to “Holding Women Back: Troubling Discoveries and Best Practices for Helping Women Succeed.”

5.  A recent global survey by Kelly Services suggests that 80% of employees around the world aer concerned that their current skills have a half-life of only 5 years.  Survey respondents in Europe were the least satisfied with the level of training to enhance skills being offered with 55% not believing it was adequate, 43% in Asian and 37% in North America.

6.  A 2009 study by Human Capital Institute and SuccessFactors Research reported that workers in France reported their organization allowed working at home (22.1%) compared to North America (3.9%), UK (3.6%), Sweden (3.3%), Australia (3%), and Germany (1.5%).

7.  According to a recent 2009 survey by Adecco Group North America, 54% percent of employed Americans plan to look for a new job once the economy rebounds and the number is even greater for those in the age bracket of 18-29 where 71% said they were likely to seek no positions.

8.  According to a 2009 survey of 12,000 US workers, 71% reported going to work even when they were ill.  33% reported going because they feared losing their jobs and 38% reported that they had heavy workloads that prohibited them from missing a day.  In a separate but related survey by the Society for Human Resources (SHRM) in January of 2009, almost 50% of the 605 employees surveyed said they “occasionally” or “frequently” go to work when sick.

9.  A recent Watson Wyatt survey on executive pay revealed taht 63% of outside directors felt that US companies should modify executive pay to adapt to the realities of the economic times and 70% expected pay and compensation opportunities to decline in the next several years.

10.  According to a poll by the Society for Human Resource Society (SHRM), the most popular way for employees to network and stay in touch are: Through friends/relatives (67%), colleagues (56%), conferences/conventions (26%), senior managers and supervisors (26%), clients (25%), business meetings (22%), professional associations (22%), online professional networks like LinkedIn (19%), online search sites (19%), social networks sites like Facebook (16%), mentors/coaches (12%), job fairs (8%) and alumni associations (6%).

Back to research some new talent development facts….Be well….

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Posted in Balance, Develop, Engage, Relate, Select

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