Adapt to SurviveGlobal economy misses out on $150 billion

due to talent mismatch

We set out to ask two key questions

1. Why doesn’t talent always find the right home?

2. How much is this poor alignment costing economies?

To answer these questions PWC, commissioned by LinkedIn, analyzed two of the most comprehensive

sources of talent data in the world.

PwC’s Saratoga database - more than 2,600 employers across the globe

LinkedIn’s network of 277 million professionals

4 Key Take Outs

We set a new benchmark for evaluating a country’s ability to match talent with opportunity

– a Talent Adaptability Score*( and found significant variations in 11 countries )

*Based on five key behavioural factors such as a professional’s industry switching rate and number of positions held.

*Scores are relative (a score of 100 would mean a #1 rank in each of the five variables)

1

CHN

BRASGP

CAN

UK

NLD

DEU

FRAUS

AUS

IND

What if we were all like the Dutch?The adaptability upside: The benefit that could be achieved if

each country became as adaptable as the Netherlands

2

$16.02b$65.58b

80

70

60

50

40

30

20

10

CHN US

$2.37b$29.34b

$.37b$3.65b

AUS

$0b$3.23b

FRA

$.07b$11.71b

BRA

$.11b$1.86b

CAN

$.38b$8.61b

IND

$.43b$1.44b

UK

$0b$4.92b

DEU

$.06b$.22b $0b

$0b

SGP NLD

*Source: PwC Saratoga

Productivity opportunity

Potential recruitment cost savings

The total potential for these 11 countries to unlock productivity and save on recruitment costs is huge.

$130 $20better productivity potential recruitment

cost saving

3

billion billion

Greater visibility leads to better talent fit

of HR Directors say that social recruitment networks have improved their ability to fill vacancies more quickly and effectively

4

69%

But what can be done about it?

Professionals _

Employers __

Educators __

Governments

Have a longer-term view of a career, remain open-minded and embrace change.

Seek out, nurture and reward adaptable talent.

Offer courses and job training that produce adaptable people.

Create a climate of adaptability.

For more information on the findings please go to www.pwc.com/talentadaptability

Adaptable talent Better hiringVisibility+ + = More value