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Talent & Supply: The Changing Needs of Our Region Lisa Hildreth Sherpa

Talent & Supply: The Changing Needs of Our Region, Local Perspective

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Presented by Lisa Hildreth, manager of accounting and finance services at Sherpa, at the 2011 Charlotte Chamber Workforce Summit

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Page 1: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Talent & Supply:

The Changing Needs of Our Region

Lisa HildrethSherpa

Page 2: Talent & Supply: The Changing Needs of Our Region, Local Perspective

What Industries Are Represented?

• Financial Services• Energy• Health Care• Manufacturing• Real Estate/Construction• Retail/Distribution• Education/Non-Profit• Services• Other?

Page 3: Talent & Supply: The Changing Needs of Our Region, Local Perspective

What Functional Areas Are Represented?

• Finance/Accounting• Technology• Engineering• Sales/Marketing• Operations• Human Resources• General Management• Other?

Page 4: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Unemployment Realities

Jan-07

Mar-07

May-07

Jul-07

Sep-07

Nov-07Jan

-08

Mar-08

May-08

Jul-08

Sep-08

Nov-08Jan

-09

Mar-09

May-09

Jul-09

Sep-09

Nov-09Jan

-10

Mar-10

May-10

Jul-10

Sep-10

Nov-10Jan

-11

Mar-11

May Jul0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Unemployment Rates 2007 - July 2011

USUS, BSBA+NCCharlotte MSA

Page 5: Talent & Supply: The Changing Needs of Our Region, Local Perspective

The US overall unemployment rate

consistently runs 90-150% higher than the US unemployment rate

for BS/BA+.

Page 6: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Workforce Paradox:

Short on Talent, Not Just Jobs

tammyerickson.com

Page 7: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Population 2010 vs. 2000 Per US Bureau of Labor Statistics

Age Group Growth

Under 18 2.6%18 to 44 0.6%45 to 64 31.5%

65+ 15.1%Total 9.7%

Page 8: Talent & Supply: The Changing Needs of Our Region, Local Perspective
Page 9: Talent & Supply: The Changing Needs of Our Region, Local Perspective

IT Hiring Hits 4 Yr High, June 11Per Wanted Analytics, July 11, 11

Page 10: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Hiring Demand For Recruiters – 4 YearsPer Wanted Analytics, April 11, 2011

Page 11: Talent & Supply: The Changing Needs of Our Region, Local Perspective
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Forbes names Charlotte as the #8 Next Big Boom Town in the U.S.

- Forbes.com, July 6, 2011

1. Austin2. Raleigh3. Nashville4. San Antonio5. Houston6. Washington, DC7. Dallas8. CHARLOTTE9. Phoenix10.Orlando

Page 15: Talent & Supply: The Changing Needs of Our Region, Local Perspective

America’s Top States for Business, 2011

OVERALL RANKINGS

Top Five

  1. Virginia2. Texas

3. North Carolina4. Georgia5. Colorado

(a CNBC Special Report)

Page 16: Talent & Supply: The Changing Needs of Our Region, Local Perspective

2011 Charlotte Chamber Economic Development Successes3,533 jobs

$311 million capital investment

Page 17: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Post Recession Turnover

• Stale• Pent Up Demand• Trust Lost• Generation Y

Page 18: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Are You Ready to Play Offense?

Page 19: Talent & Supply: The Changing Needs of Our Region, Local Perspective

Your Ideas for Offense!

• Closing the talent gap• Aging workforce ideas• Be the employer of choice• Retention ideas

Page 20: Talent & Supply: The Changing Needs of Our Region, Local Perspective
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