With Baby Boomers retiring in greater numbers each year and recruitment not keeping up, manufacturing companies are finding themselves battling a growing talent gap. In fact, according to a recent Deloitte report, more than 80% of US manufacturers are struggling to recruit the personnel they need.
The fact that many companies are integrating new manufacturing technologies , changing the skill sets needed to meet consumer demands, makes this talent gap even wider. The factory job titles of yesterday will be very different from the ones tomorrow. Emerging technologies like robotics, Internet of Things (IoT) devices, and advanced analytics are increasingly used throughout production lifecycles.
Advanced manufacturing methods require tech-savvy workers with high-level science, technology, engineering, and math (STEM) skills. Yet, with STEM education falling behind in the United States and stiff competition for talent, up to 2 million manufacturing jobs are expected to go unfilled over the next decade.
The good news is that manufacturing companies are poised to overcome these challenges. In order to recruit manufacturing employees in the present and in the future, here are four keys to conquering the manufacturing talent gap:
1.Preserve the knowledge of retiring workers
2.Dispel misconceptions and prepare the next generation of workers
3.Understand evolving market realities and career expectations