More Talent Management Facts #11

April 11, 2010 by Ken Nowack

“Don’t Confuse Facts with Reality.”

Robert Ballard

1.  According to a survey conducted at the 2009 World Economic Forum, 12% of the respondents said an inadequately trained workforce was a barrier in doing business in the U.S.  This figure was 9.9 in the UK, 6.2 in China and 4.8 in India.

2.  A survey of 785 senior leaders by Profiles International Research Institute (about half were directors, VPs and senior executives) suggested that over 76% were not sure whether they applied a consistent personnel selection process to all job candidates.  Furthermore, 73% reported that they were unsure if all the relevant stakeholders are even involved in important employment decisions.

3.  A recent American Psychological Association involving 2,160 adults aged 18 or older revealed that 81% of employed men reported work as the most significant stressors compared with 68% of employed women.  Among 35-44 year olds, the number of men reporting money as a significant stressor also surpassed that of women (88% to 77%).

4.  According to a recent 2009 report by Development Dimensions International (DDI), during the first level of management there are 28% more men than women who receive development such as high potential groups.  This number rises to 50% at the executive level according to “Holding Women Back: Troubling Discoveries and Best Practices for Helping Women Succeed.”

5.  A recent global survey by Kelly Services suggests that 80% of employees around the world aer concerned that their current skills have a half-life of only 5 years.  Survey respondents in Europe were the least satisfied with the level of training to enhance skills being offered with 55% not believing it was adequate, 43% in Asian and 37% in North America.

6.  A 2009 study by Human Capital Institute and SuccessFactors Research reported that workers in France reported their organization allowed working at home (22.1%) compared to North America (3.9%), UK (3.6%), Sweden (3.3%), Australia (3%), and Germany (1.5%).

7.  According to a recent 2009 survey by Adecco Group North America, 54% percent of employed Americans plan to look for a new job once the economy rebounds and the number is even greater for those in the age bracket of 18-29 where 71% said they were likely to seek no positions.

8.  According to a 2009 survey of 12,000 US workers, 71% reported going to work even when they were ill.  33% reported going because they feared losing their jobs and 38% reported that they had heavy workloads that prohibited them from missing a day.  In a separate but related survey by the Society for Human Resources (SHRM) in January of 2009, almost 50% of the 605 employees surveyed said they “occasionally” or “frequently” go to work when sick.

9.  A recent Watson Wyatt survey on executive pay revealed taht 63% of outside directors felt that US companies should modify executive pay to adapt to the realities of the economic times and 70% expected pay and compensation opportunities to decline in the next several years.

10.  According to a poll by the Society for Human Resource Society (SHRM), the most popular way for employees to network and stay in touch are: Through friends/relatives (67%), colleagues (56%), conferences/conventions (26%), senior managers and supervisors (26%), clients (25%), business meetings (22%), professional associations (22%), online professional networks like LinkedIn (19%), online search sites (19%), social networks sites like Facebook (16%), mentors/coaches (12%), job fairs (8%) and alumni associations (6%).

Back to research some new talent development facts….Be well….

[tags]talent management, succession planning, leadership development, succession planning, micromanage, performance review, performance appraisal, overweight, obesity, wellness, coaching, executive coaching, executive development, surveys, kenneth nowack, Envisia, Envisia Learning, leadership development, ken nowack, Nowack [/tags]

Kenneth Nowack, Ph.D. is a licensed psychologist (PSY13758) and President & Chief Research Officer/Co-Founder of Envisia Learning, is a member of the Consortium for Research on Emotional Intelligence in Organizations. Ken also serves as the Associate Editor of Consulting Psychology Journal: Practice and Research. His recent book Clueless: Coaching People Who Just Don’t Get It is available for free for a limited time by signing up for free blog updates (Learn more at our website)

Posted in Engagement, Leadership Development, Relate, Selection, Wellness

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