Executive Speaker Series: The 2020 Workforce: Attracting and Retaining Talent
Our panel of experts discusses attracting and retaining talent for the workforce of 2020.
An aging workforce, a declining labor participation rate, and automation has forced many employers to get creative in order to attract and retain talent for the workforce of 2020. As of July, Michigan's unemployment rate fell to 3.7%, the lowest it’s been since 2000. Meanwhile the workforce participation rate continues to drop. As low skill level jobs are replaced with automation, the gap for skilled workers continues to grow.
Although companies have attempted to attract younger workers and delay the retirements of skilled workers, the growth of unfilled skilled positions continues to slow the state’s economic growth. How can organizations attract younger employees and motivate experienced employees to extend their careers? What future shortages should organizations plan for now?
Carl T. Camden, former President and CEO, Kelly Services
Rita Kananen, Curator of People Experience, Pillar Technology
Michael Santicchia, Partner and Managing Director, UHY LLP.
Sammie Lukaskiewicz, Deputy Director of Marketing and Strategy, Michigan Department of Talent and Economic Development