With the supply chain industry suffering from a lack of available talent for management positions, U.S. companies are stepping up efforts to recruit qualified and skilled professionals for those roles.
In a landmark decision on data protection, the European Court of Justice's decision in Schrems v. Data Protection Commissioner last month struck down the agreement companies have relied on for 15 years to legally transfer the personal information of EU employees and customers back to the United States.
Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s. These waves of technological advancement did not reduce overall employment, however. Although the number of manufacturing jobs decreased, new jobs emerged and the demand for new skills grew. Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.
As the push for higher minimum pay builds momentum on both sides of the Atlantic, Prime Minister David Cameron of Britain this week threatened companies with tough fines if they fail to pay what he called a "national living wage."
It is a nightmare for any employer: what to do with a volatile, constantly aggrieved worker who has had angry, even frightening confrontations with fellow workers - yet has committed no crime.
Seventy-eight percent of chief financial officers say the legislation over the Affordable Care Act has not affected their hiring patterns, according to a survey by Consero Group, which reported results as part of the 2015 Corporate Finance Data Survey.
Diebold CEO Andy Mattes can't just stroll down the hall at his company's headquarters in Canton, Ohio, to confer with his top executives over coffee. That's because many don't work there. His chief strategist works and lives 2,100 miles away in San Jose; his chief marketing officer is in Boston.
The use of external labor is widespread, comprising as much as 30 percent to 50 percent of the total global workforce. Companies of all sizes, and in all industries and geographies, have a large flexible workforce on the ground around the world, including contingent workers, independent contractors, workers engaged through Statements of Work (SOWs), offshore resources and those involved in a variety of other project-based services.
Companies are finding that the growing complexity of supply chains has a significant consequence: hiring the right people to build and manage the expansive operations is more difficult than ever.
ManpowerGroup's annual Talent Shortage Survey, reveals that 32 percent of U.S. employers report difficulties filling job vacancies due to talent shortages. This marks a decrease of 8 percent, falling from 40 percent in 2014. Globally, the percentage of employers experiencing difficulties continued to rise, increasing from 36 percent in 2014 to 38 percent in 2015.