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Collaborating with Competitors SHARING TALENT POOLS TO MEET WORKFORCE CHALLENGES
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Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

Aug 19, 2020

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Page 1: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

Collaborating with Competitors

SHARING TALENT POOLS TO MEET WORKFORCE CHALLENGES

Page 2: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Introducing…

Vice President, Client Delivery

ManpowerGroup Solutions

MELISSA HASSETT

Page 3: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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ManpowerGroup Overview

80COUNTRIES

Workforce Experts

• Sourcing

• Assessing

• Training &

Developing

• Managing

3,100+GLOBAL OFFICES

3.4MPLACED EACH YEAR

12MPEOPLE TRAINED

Contingent and permanent recruitment

workforce solutions

Talent and career management

The Leader in Global Workforce Solutions

Professional resourcing and project-based solutions

Outcome-based, outsourcing solutions, RPO, MSP, consulting

Page 4: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Are you already sharing talent without collaborating?

Page 5: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Key Discussion Points

Workforce trends make finding the right talent challenging

Learn why a shared talent pool may be the answer

Understand how to make it work

Page 6: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Workforce trends make finding the right

talent challenging

Page 7: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Welcome to the Human Age

Page 8: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Market Trends: Certain Uncertainty

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CONTINUOUS CANDIDATES BY MARKET

Global Average

Mexico

United States

China

Australia

United Kingdom

Continuous Candidates are the New Normal

More than one in three candidates in the U.S. is always looking for the next opportunity

37%

50%

41%

33%

30%

30%

Page 10: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Why Yesterday’s Work Models Don’t Work

Alternative forms of employment are quickly emerging

Greater acceptance of new models

Job security is no longer guaranteed

Page 11: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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U.S. Candidate Preferences

Candidates Who Agree That Changing Jobs Frequently Helps Them Get Ahead

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Top Three Motivators for Job Switching By Industry

U.S. Candidate Preferences

Page 13: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Defining Flexibility and Work Model

Workplace Flexibility

1. Flexible arrival and departure times

2. Full-time work from home/location independence

3. Choice and control in work shifts

4. Part-time work from home

5. Compressed shifts/work week

6. Opportunity for sabbaticals or career breaks (e.g., extended time off)

7. Unlimited paid time off

8. Caregiving leave

Page 14: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Defining Flexibility and Work Model

Work Model

1. Full-time work

2. Part-time work

3. Contract work (a designated contract period)

4. Project work (freelance work based on a predetermined scope)

5. Temporary work (short-term, non-contracted

6. Seasonal work (an established period of time associated with a business cycle

Page 15: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Flexibility is Growing in Importance

Schedule flexibility is increasing as a top-three motivator for career decisions, and the U.S. had the largest year-over-year increase in flexibility as a motivator

Page 16: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Schedule Flexibility is a Top-Three Motivator

The U.S. is also among the top listing of countries above the global average in terms of wanting schedule flexibility

Page 17: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Flexibility Preferences Vary

What the flexibility means, however, varies by country

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Factors Driving Changing Candidate Preferences

Logistical

Cultural Economic

Idealistic

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Men Want Flexibility Too

Flexibility is rapidly becoming a gender-neutral issue

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Schedule Flexibility Stigma

Many company cultures emphasize presenteeism & unknowingly cultivate flexibility stigma

Page 21: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Industry Makes a Difference with Schedule Flexibility Preferences

DESK JOBS, SUCH AS THOSE IN IT OR FINANCIAL SERVICES

32%

27%

Prefer full-time

work from home

Prefer location

independence

Page 22: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Industry Makes a Difference with Schedule Flexibility Preferences

HEALTHCARE OR RETAIL INDUSTRIES

12%

23%

Prefer compressed

shifts or work-weeks

Prefer choice and

control in work shifts

Page 23: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Candidates Preferring Part-Time Work

36% of respondents prefer part-time work

Page 24: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Candidates increasingly want flexible work options. Let’s learn how a shared talent pool may be the answer.

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The Shared Talent Pool

Page 26: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Conditions Ripe for Labor-Pool Sharing

• Companies in adjacent

industries

• Role-specific solutions

• Industry-specific solutions

• Cyclical/seasonal

production cycles

• Highly competitive markets

• High-level contingent roles

• Companies seeking agility

• Industries with high

training costs

• Third-party manager as

employer of record

• Staffing company model

• Self-managed

Employers Who

Would Benefit

Ideal

Conditions

Management

Model

Page 27: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Benefits for Employers

Strategic labor pools

Cyclical production solutions

Greater business agility

Reduction in theft, attendance and

safety issues

Teachable fit

Cost sharing

Redeployments

Retain “silver medalists”

Page 28: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Understand how to make it work

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Early Best Practices

Involve the right type of talent

Focus on highly targeted initiatives requiring in-demand skills

Design with talent in mind

Establish ground rules

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Practical Model Considerations

• By geography

• Seasonal work

• Project work/tasks

• Agency

• RPO partner

• Hire common recruiter

• ATS/CRM/talent community

• FMS

Who Are You

Collaborating With?

Common

Recruiting EffortsTechnology

Page 32: Collaborating with Competitors - M. Hassett_2.pdfCONTINUOUS CANDIDATES BY MARKET Global Average Mexico United States China Australia United Kingdom Continuous Candidates are the New

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Everyone Benefits

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Are you willing to consider collaborating with competitors?

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Questions?