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One of the most discussed topics among the supply chain sectors is the talent gap — a perceived shortage of skilled employees needed in the near future as more and more Baby Boomer generation employees retire and take decades of experience with them.
A new report indicates that supply chain employers’ fears of the talent gap are well warranted, with its findings pointing to a large portion of current supply chain employees soon leaving their job post-pandemic.
DSJ Global, a supply chain recruiting and hiring firm, recently released the findings of its Global Job Confidence Index 2020, a research survey measurement of confidence in the supply chain labor market across a variety of industries.
The biggest takeaway from this year’s report was that only 36% of the survey’s 650+ supply chain professional respondents say they are likely to remain with their current employer for the next few months. This comes as the COVID-19 pandemic has raised unemployment rates to historic highs, including 11.1% in the U.S. as of the end of June.
The report also found that 43% of respondents feel negative or very negative about the current job market; 44% are confident or very confident they could land another job in the next three months if they were to become unemployed; 48% are satisfied with their current job. Those factors each illustrate the challenge supply chain employers face in terms of talent retention.
Other key findings in DSG’s report include:
- 53% of respondents would change jobs in order to pursue a higher salary.
- 69% would move to another region for the right job.
Image Credit: zhu difeng / Shutterstock
