ManpowerGroup | Thursday 21 May 2015...

ManpowerGroup | Thursday 21 May 2015 1


The Human Age:

Global Employment Trends

and the Role of the Private Sector

Rommel G. Roque

Executive Director – Asia Pac & Middle East

Country Manager – Philippines


Employers

Economic

Recovery

Shifting

Demographics

Rapid Advances

in Technology

Disruptive Forces

Impacting the

World of Work

• Population decline

• Shrinking workforce

• Youth Unemployment

• Gender Inequality

• Disruption

• Collaboration

• Mobility

• Sheer speed

• Globally uneven

• Recession Risk

• Slow Job Creation

• Income Inequality

Talent in the Human Age – Certain Uncertainty Employers need to capitalize on transient competitive advantage quickly –

to do this, talent is critical


ManpowerGroup: Workforce Experts


RISE OF CUSTOMER

SOPHISTICATION

DEMOGRAPHICS

INDIVIDUAL CHOICE TECHNOLOGICAL

REVOLUTIONS

World of Work

Trends

The Talent Mismatch is

deepening as the working

age population declines and

the nature of work changes.

Individual Choice will be

exercised by those with

in-demand skills. The Rise

of Voice means business

must take note of external

social forces.

Rising Customer Sophistication

requires businesses to deliver

greater value and efficiency.

Technological Revolutions have

the power to change where,

when and how we work. The

rate of change is unprecedented.

World of Work Trends


Shifting Demographics

• By 2050, Europe will have almost

twice as many people over the age

of 65, as under 15

• By 2020, the US economy’s demand

for labor will outstrip supply by almost

18 million people

• By 2050 China’s over 65s will likely

constitute a population larger than the

entire population of the United States

• In North and West Africa, more than

one-quarter of the population is under

age 15 and unemployment rates for

young people exceed 30%

World Population

YOUNG POPULATION IN PH

25-54 years comprised 36.72% of

the total population, while 53.2%

are from ages 0-24 years

Source: CIA World Fact Book

https://www.cia.gov/library/publications/the-world-factbook/fields/2010.html


-

500.000

1.000.000

1.500.000

2.000.000

2010 2011 2012 2013 2014

Landbased Seabased

Overseas Filipino Workers

Major Occupation Categories

of Land Based Workers

1. Service workers (Domestic

workers)

2. Production workers

(factories)

3. Professional and technical

workers (Dancers, singers,

nurses)

4. Clerical workers

5. Sales workers

6. Administrative and

managerial

7. Agricultural workers


Five Generations in the Workplace by 2020

Each generation has different motivations and expectations for work.

Traditionalist

Hierarchical

1928-1945

Gen X

Pragmatic

1961-1979

Gen Y

Immediacy

1980-2000

Gen Z

Digital natives

2001-Present

Boomer

Idealistic

1946-1960


Technology and the Displacement of Jobs

Compared to the

Industrial Revolution,

change is happening

10 times faster and at

300 times the scale,

or roughly 3,000

times the impact.

Standing still and

holding on to what

used to get results is

no longer possible.


Bifurcation and Skills Shortages

Product lifecycles have been dramatically reduced,

innovative breakthroughs can be obsolete before launch,

and the life cycle of skills is under as much pressure.


The Missing Ingredient: Wage inflation

Australia; 108,9

Canada; 105,0

France, 102.3Germany; 102,7

Italy; 94,3

Japan; 98,7

United Kingdom; 92,9

United States; 101,4

90

94

98

102

106

110

2007 2008 2009 2010 2011 2012 2013

Ind

ex (

base y

ear=

2007

)

Average real wage index for developed G20 countries, 2007–13

Source: ILO Global Wage Report 2014/15

Photo: G.N. Miller. New York Post. 4 December 2013


The Missing Ingredient: Wage inflation

Average monthly wages countries from Asia

and the Pacific with broadly comparable data,

2013 or latest available year (US$)

Source: ILO: Global Wage Database 2014/15, based on national statistics


The Future of Asia Pacific Workforce

Percentage of Employers Reporting Difficulty Filling Jobs

Sources: ManpowerGroup Talent Shortage Survey, PH data from Philippine Statistics Authority BLES Integrated Survey

http://www.manpowergroup.com/wps/wcm/connect/manpowergroup-en/home/thought-leadership/research-insights/talent-shortage-2015

labstat.psa.gov.ph



Top 10 Jobs Employers are Having Difficulty Filling

Source: ManpowerGroup Talent Shortage Survey

Top 10 In-Demand Jobs

in the Philippines

1. Accountants and auditors

2. Electronics and

Communication Engineers

3. Systems Analysts and

Designers

4. Mechanical Engineers

5. Electrical Engineers

6. Industrial Engineers

7. Medical Technologists

8. Pharmacists

9. Teaching Professionals for the

handicapped and disabled

10. Chemical engineers

Source: DOLE

http://www.manpowergroup.com/wps/wcm/connect/manpowergroup-en/home/thought-leadership/research-insights/talent-shortage-2015



DOLE's list of 43 cross-cutting in-demand and hard-to-fill occupations:

Accountant

Agriculturist

Accounting staff

Air-conditioning technician

Animator

Carpenter

Cashier

Civil engineer

Chemical engineer

Computer programmer

Draftsman

Electrical engineer

Electrical technician

Florist

Food technologist

Forester

Materials engineer

Mechanical engineer

Medical technologist

Metallurgist

Nutritionist

Painter

Pharmacist

Physician

Plumber

Sanitary engineer

Software developer

Systems analyst

Veterinarian

Web designer

Welder

Geodetic engineer

Heavy equipment operator

Herbologist

Food technologist

Forester

Geodetic engineer

Heavy equipment operator

Herbologist

Human resource manager

IT specialist

Industrial engineer

Instrumentation technician

Landscape artist

Legal transcriptionist

Librarian

Machinist

Mason

ManpowerGroup | Thursday 21 May 2015 16Image from: http://www.slideshare.net/Noysky/asean-econ-community



The New Normal


People Practices

• Today’s practices were created with outdated assumptions –

so why are will still using them?

• What new practices will we need in order to attract, develop

and retain the talent?

Work Models

• How do we manage talent to drive productivity?

• How do we manage a diverse workforce?

• How do we inject flexibility into our workforce mix?

Become A Talent Destination

Talent Sources

• Do we know all of our talent supply options?

• How can we optimize the talent we have?

• What talent strategies can we deploy to reach

under-tapped and untapped talent pools?

Talent Resourcing

Talent Management

Talent Development


QUESTIONS?

ManpowerGroup | Thursday 21 May 2015...

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