Stormy times or sunny prospects? Talent management is affected by changes and trends – just like the general economic situation. Profil M regularly cooperates with Prof. Dr. Klaus P. Stulle of Fresenius University to analyse the “Talent Climate Index”. This allows us to provide you with regular information about developments in internal and external labour markets, as well as the key trends in talent management in organisations that operate on an international scale. What are the current and future tendencies regarding the options for acquiring talent internally or externally? How well prepared are organisations to utilise these developments effectively? How do managers and HR experts assess the extent of the stakeholders’ commitment? The Talent Management Index uses five key questions as the basis for a pertinent analysis of the current situation and trend forecasts in talent management. The survey focuses on a representative selection of companies and is carried out at regular intervals.
Results for the first half of 2018
Talent climate trend continues to be clearly negative:
Despite the already critical starting point in 2016, it is becoming increasingly difficult to attract talents. The negative forecasts of those surveyed became reality and continue to be less than optimistic.
At the same time declining commitment with regard to talent management:
Talent management commitment is declining for all groups of persons responsible, although they are aware of the critical situation. There is concern that in some companies resignation is already spreading.
External talent management measures are not focused on effectiveness:
Measures such as job advertisements are most popular although they are not more effective than other measures. Particularly effective measures such as active sourcing are still barely used.
The most important results on the current talent climate can be download here.
The survey takes just four minutes to complete. Make use of this opportunity to submit your assessment of the situation and developments in talent management in your company.
What is the current talent situation in your sector? How does the commitment of top management influence the ability of your company to develop talent? Are you interested in the detailed results of the Talent Climate Study? If yes, we can send it to you by e-mail twice a year. To sign up for this, please either enter your contact details at the end of the survey or write us an e-mail.
Where are you headed, labor market? (Published in: Personalwirtschaft 06_2017)
Good times, bad times: In which direction is the labor market developing? The “Talent Climate Index” is to provide information on the talent situation and talent expectation. Initial results above all point to a strong commitment with regard to active talent management.
The full article can be download here.