Employers are finding that developing their current workforce has become more of an imperative than ever before.
Denver, Colorado (PRWEB) August 07, 2012
According to the July Jobs Report compiled from data gathered by the Bureau of Labor Statistics, the U.S. economy added 163,000 jobs in July, and the unemployment rate stayed essentially unchanged, even nudging up slightly from 8.2 percent to 8.3 percent. On the positive side, the job market isn’t getting dramatically worse. July’s jobs figures were also much better than the disappointing reports in May and June. However, the bottom line is that the unemployment rate isn’t decreasing dramatically and it is expected to change only gradually in the near future.
Although many companies have gradually ramped up hiring practices, these numbers are only replacing the layoffs that took place during the recession. Moreover, organizations are experiencing an employment paradox; although there are few slots open, when they do dip into the hiring pool, they aren’t finding the competent and trained workers that are required.
Mark Schmit, director of research for the Society of Human Resource Management (SHRM) reinforced the employment paradox: “Despite stubbornly high unemployment, many organizations are struggling to find candidates with the right skills to fill open slots. In many industries, highly skilled workers are in demand, but supply in particular geographies remains low. Consequently, employers are unable to fill key jobs in their organization. This situation represents a confluence of many factors that are stunting job growth in a vicious cycle that needs to be broken.”
Employers are finding that developing their current workforce has become more of an imperative than ever before. Taking the step of developing in-house resources has become a cost savings and a clear solution, rather than launching costly search, hiring, and selection plans, even for the small number of jobs that are available. Developing the current employee base results in higher productivity, increased effectiveness and improved professional presence from each worker, all of which are credited with decreasing the need for new hires. This shift has increased choices for leading organizations and provides them with the ability to more efficiently allocate organizational resources.
Employee Development Systems, Inc. is launching a new initiative to help employers polish the effectiveness of their workforce and leadership. Their three hallmark programs, Increasing Personal Effectiveness, Professional Presence in a Casual World and Communicating to Manage Performance can be implemented separately or bundled together as appropriate, in order to maximize results and change in each workplace.
About Employee Development Systems, Inc.
Employee Development Systems, Inc. is a Colorado-based professional development firm that was founded in 1979 and offers employee development, management development, leadership and professionalism courses and accompanying behavioral style assessments, surveys and other tools. Employee Development Systems, Inc. provides services worldwide to Fortune 500 clients as well as small to medium-sized businesses.
The organization’s mission is to enhance the interpersonal skills needed to perform at a more productive level, to develop a workforce that adapts to change, and is creative and innovative and to make the client organization the employer of choice. This is accomplished through establishing trust, building relationships and fostering behavioral change. Employee Development Systems, Inc. training and development initiatives address employee engagement, multiple generations in the workplace and the ramifications of social media and collaboration.