Washington Area Comp & Benefits Association February 18, 2016 1 Motivating the Millennials with Dr. Bob Nelson Motivating the Millennials WACABA presents Bob Nelson, PhD Meet Bob Nelson, PhD President, Nelson Motivation Inc. Co-Founder, Recognition Professionals International New York Times / Wall St. Journal Best-selling Author
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Washington Area Comp & Benefits AssociationFebruary 18, 2016
1
Motivating the Millennialswith Dr. Bob Nelson
Motivating the Millennials
WACABA presents
Bob Nelson, PhD
Meet Bob Nelson, PhD
President, Nelson Motivation Inc. Co-Founder, Recognition
Professionals International New York Times / Wall St. Journal
Best-selling Author
Washington Area Comp & Benefits AssociationFebruary 18, 2016
2
Motivating the Millennialswith Dr. Bob Nelson
Dr. Bob!
Motivating the Millennials
The Pending Crisis in Skilled Labor Profile of the Millennials Key Influences & Events Millennial Work Attributes Motivating the Millennials Questions & Answers
Washington Area Comp & Benefits AssociationFebruary 18, 2016
3
Motivating the Millennialswith Dr. Bob Nelson
The Pending Crisis in Skilled Labor
Not a labor shortage, but a skilled labor shortage.
Washington Area Comp & Benefits AssociationFebruary 18, 2016
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Motivating the Millennialswith Dr. Bob Nelson
The Skilled Labor Gap will Increase
NEEDEDAVAILABLE
2002 2012 2022
PE
OP
LE
(M
ILL
ION
S)250
200
150
100
50
Adapted from Employment Policy Foundation Analysis and projection of Census/BLS and BEA data
In a recent year, the U.S. was short 3 million skilled workers in the manufacturing sector alone.
Washington Area Comp & Benefits AssociationFebruary 18, 2016
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Motivating the Millennialswith Dr. Bob Nelson
Source: Bureau of Labor Statistics
• 30 million Americans will be added to the U.S. healthcare system in response to the Affordable Care Act Healthcare Reform
• 1 million additional nurses will be needed by
2020 in America, representing a 58% increase since 2000: half for attrition, half for Obamacare
• 37% of newly licensed RNs are thinking of
leaving their jobs (a 13% current vacancy rate)
The Pending Shortage of Nurses
“The war for talent is over:
Talent won.”
Carl CamdenPresident and CEO
Kelly Services
Washington Area Comp & Benefits AssociationFebruary 18, 2016
Washington Area Comp & Benefits AssociationFebruary 18, 2016
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Motivating the Millennialswith Dr. Bob Nelson
The world is passing through troubled times. Young people think of nothing but themselves. They have no reverence for parents or old age. They talk as if they know everything, and what passes for wisdom with us is foolishness with them.