The Precast Show 2018 NPCA 1 precast.org/education WINNING THE WAR FOR TALENT Steve Coughran, Coltivar Group LLC. precast.org/education The War on Talent: A Growing Concern precast.org/education With stagnant or decreasing productivity and an aging industry workforce, companies must act to remain viable. precast.org/education Nearly three million job openings due to baby-boomer retirement will be available by 2025. -0.4 -0.2 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 90-'94 95-'99 00-'04 05-'09 10-'14 15-'19 20-'24 25-'29 As the contribution to working age population growth slides, industries will struggle to replace workers Natural Growth Net International Migration Source: BLS, Moody Analytics (5 Year average) precast.org/education The labor shortage will evoke a war on talent. 1.1 1.7 2.6 1.6 1.3 0.8 0.7 0.5 0.7 0.8 1.1 1.6 2.0 1.2 1.2 1.1 1.0 1.0 0.9 0.8 0.0 0.5 1.0 1.5 2.0 2.5 3.0 50-'59 60-'69 70-'79 80-'89 90-'99 00-'09 10-'19 20-'29 30-'39 40-50 Annual population and labor force growth rates by decade Labor force growth rate Population growth rate Source: BLS (Percent of growth) precast.org/education The victors of this war will be innovative companies with a strategy for attracting new talent.
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The Precast Show 2018
NPCA 1
precast.org/education
WINNING THE WAR FOR TALENT
Steve Coughran, Coltivar Group LLC.
precast.org/education
The War on Talent: A Growing Concern
precast.org/education
With stagnant or decreasing productivity and an aging industry
workforce, companies must act to remain viable.
precast.org/education
Nearly three million job openings due to baby-boomer