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Tag: workforce development

Iqbal Man Power > Blog Classic > workforce development
19Mar
Government Initiatives to Promote Skilled Labor Migration

Government Initiatives to Promote Skilled Labor Migration

Businesses worldwide are undergoing a major change in how they operate, and Government Initiatives to Promote Skilled Labor Migration are playing an ever-larger role in boosting economic growth. Governments everywhere are starting to see just how crucial it is to bring in and keep skilled workers, and they’re launching all sorts of programs to encourage this kind of migration. Iqbal Manpower Consultants play a key role in connecting skilled professionals with global opportunities, supporting these initiatives.

A Gap in Skills and Not Enough Workers

A lot of countries are dealing with big gaps in skills and a real shortage of workers, especially in fields like tech, healthcare, and finance. This can really hurt businesses, leading to lower productivity, a less competitive edge, and higher expenses.

The Hunt for Skilled Workers is Getting Tough

Companies are struggling to find the right people with the right skills to help them grow and come up with new ideas. And this problem is only getting worse. The World Economic Forum says that, by 2022, more than a third of the skills needed for most jobs will be things we don’t even think are that important right now. This shows that the job market is changing big time, and we need people who have the skills that are in demand.

Governments are Stepping In to Bring in Talent from Abroad

Governments around the world are starting to do something about this because they know that having skilled workers is key to a healthy economy. To meet this challenge head-on, they’re starting different programs to get skilled workers from other countries to move in. Here are a couple of examples that show what they’re doing:

Skilled Worker Visa Programs

Β Numerous governments provide visa programs specifically designed for skilled workers, facilitating their immigration to work in a new country. A prime example is the United States’ H-1B visa, which enables skilled professionals in specialized fields to take up employment opportunities in the US.

Government-Funded Training Programs

Β Certain governments sponsor training initiatives that deliver essential education and skill development to workers, enhancing their employability and marketability. Germany, for instance, has a notable “Dual Training” system that equips young individuals with valuable training and education across an array of sectors.

Labor Market Integration Policies

Governments are also implementing labor market integration policies, which aim to help migrant workers integrate into the labor market. For example, the Canadian government offers the “Foreign Credential Recognition” program, which helps migrant workers have their foreign credentials recognized in Canada.

Skilled Labor Mobility Programs

Some governments offer skilled labor mobility programs, which allow skilled workers to move freely between countries for work purposes. For example, the European Union offers the “Blue Card” program, which allows skilled workers to move freely between EU countries for work purposes.

Apprenticeships with a Helping Hand from the Government

Governments are stepping in to support apprenticeships, creating programs that give workers valuable training and education. This helps them develop the skills that employers are looking for. A good example is the UK’s “Apprenticeship Levy.” It’s a scheme that provides money for apprenticeships across a wide range of sectors.

Conclusion

Governments are realizing how crucial it is to encourage skilled workers to move to their countries. These workers are vital for economic growth and filling those pesky skills gaps and labor shortages. By offering special visas, funding training, helping newcomers integrate into the job market, supporting worker mobility, and backing apprenticeship programs, governments are doing their part to bring in and keep the skilled workers needed for a thriving, innovative economy.

21Aug
Understanding the Global Talent Shortage Challenge

Understanding the Global Talent Shortage Challenge

In Riyadh, Saudi Arabia, one of our esteemed clients, a leading construction company, faced a significant challenge. Despite offering competitive salaries and benefits, they struggled to find workers with the relevant skills to propel their projects forward. The issue wasn’t just about a shortage of workers; it was about the scarcity of workers with the right skills needed for modern construction projects. This challenge isn’t unique to their company. Across the globe, organizations grappled with a talent shortage that seemed to defy traditional solutions.

Talent shortage is a complex issue exacerbated by factors such as π‘–π‘›π‘Žπ‘‘π‘’π‘žπ‘’π‘Žπ‘‘π‘’ π‘’π‘‘π‘’π‘π‘Žπ‘‘π‘–π‘œπ‘› π‘œπ‘Ÿ π‘‘π‘Ÿπ‘Žπ‘–π‘›π‘–π‘›π‘”, π‘™π‘–π‘šπ‘–π‘‘π‘’π‘‘ π‘œπ‘π‘π‘œπ‘Ÿπ‘‘π‘’π‘›π‘–π‘‘π‘–π‘’π‘  π‘“π‘œπ‘Ÿ π‘šπ‘Žπ‘Ÿπ‘”π‘–π‘›π‘Žπ‘™π‘–π‘§π‘’π‘‘ π‘π‘œπ‘šπ‘šπ‘’π‘›π‘–π‘‘π‘–π‘’π‘ , and π‘‘π‘–π‘ π‘π‘Ÿπ‘’π‘π‘Žπ‘›π‘π‘–π‘’π‘  𝑏𝑒𝑑𝑀𝑒𝑒𝑛 π‘’π‘šπ‘π‘™π‘œπ‘¦π‘’π‘Ÿ 𝑒π‘₯π‘π‘’π‘π‘‘π‘Žπ‘‘π‘–π‘œπ‘›π‘  and π‘π‘Žπ‘›π‘‘π‘–π‘‘π‘Žπ‘‘π‘’ skills.

Reasons for Global Talent Shortage:

Β Demographic Shifts:

Aging populations and low birth rates in many countries have led to a shrinking workforce, creating a gap between the number of available workers and the demand for skilled labor.

Β Skills Mismatch:

The rapid technological advancements and evolving employer requirements have led to a gap between the skills possessed by job seekers and those required by employers.

Β Geographic Mismatch:

Unequal distribution of talent across different regions also leads to challenges in finding qualified candidates, especially in areas with limited talent pools. The shift towards remote work has also increased this issue.

Β Expectations Mismatch:

Cultural misalignment, salary, and benefits expectations also contribute to the talent shortage.

Understanding the Global Talent Shortage Challenge

Our experience of the past πŸ’πŸ” 𝐲𝐞𝐚𝐫𝐬 in the Recruitment Industry has led us to argue that the real challenge lies in the 𝐒𝐀𝐒π₯π₯𝐬 𝐦𝐒𝐬𝐦𝐚𝐭𝐜𝐑. Rapid technological advancements left many job seekers with outdated skills, unable to meet the evolving demands of employers.

Rethinking Talent Acquisition to Overcome the Challenge

To address this challenge, we must prioritize π“πšπ₯𝐞𝐧𝐭 πƒπžπ―πžπ₯𝐨𝐩𝐦𝐞𝐧𝐭. By investing in training and education programs, we can bridge the gap between available talent and the skills required by employers. This not only benefits businesses but also empowers individuals, especially those in underserved communities, by enhancing their employability and contributing to economic growth.

At Iqbal Manpower, we understand the challenges of the global talent shortage. As part of our business philosophy, the first principle of our “3R” approach is to find the “Right Man” for the job. In this competitive environment, where the demand from employers is high, we believe in conducting industry-driven training programs. These trainings ensure that talent gains hands-on experience and relevant skills before joining the job. This not only reduces the time and resource wastage for employers but also provides a sense of security for the resources themselves.

Join Iqbal Manpower in reimagining talent acquisition. Let’s focus not only on finding talent but also on nurturing and developing it. Together, we can build a more inclusive and skilled workforce for the future.