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    Fighting the War for Talent
    Michael Gook
    (The Beacon Group - May 23rd, 2008)

    Your organization is not the only one fighting the "war for talent".

    An interesting article from the Canadian Press yesterday highlighted the difficulties the Canadian Forces are having in recruiting "a shrinking demographic of select young people between the ages of 18 and 29".

    The Canadian Forces are aiming to attract 7,000 new people into regular units this year and another 8,000 in 2009. A smaller selection of highly technical positions is creating even more recruiting difficulties. 40 such positions needed to be filled in the last year, yet only 20 individuals were successfully recruited and suitably trained.

    "The numbers are tiny but they are significant in their impact," top Gen. Rick Hillier told the media. "So we are working hard... to get out to technical colleges and get a greater profile there".

    The overall attrition rate for the Canadian Forces is now 8% - "the envy of every single military force in the western world" according to Gen. Hillier - yet rising at an unprecedented rate. The organization has so far focused heavily on re-signing bonuses to counter this trend.

    If you still weren't convinced that a "war for talent" is underway in Canada, then you have one more piece of evidence to add to the collection.

    Read the full article here.

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    The Beacon Group is a leader in the field of organizational development. A number of companies across various industries have used the firm’s assessment products and advising services to leverage their investment in Human Capital. With a strong focus on innovation, The Beacon Group delivers cutting edge perspectives to corporations facing a range of organizational challenges. Clients including Mercedes-Benz, McDonald’s, Xerox, Sony and SAP have used The Beacon Group’s services to grow their thriving businesses. For more information visit www.thebeacongroup.ca


     
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