The conclusions of Towers Watsons Global Workforce Study are described in strong language:
A watershed moment in the evolution of the employment relationship around the world.
Among the key findings across the entire global sample:
The desire for security trumps everything.
Employees understand they are responsible for their long-term financial and physical health but they doubt their ability to take on this role.
Mobility is at a decade-long low point, and many are sacrificing career growth for a secure job.
Confidence in leaders and managers is disturbingly low.
Their recommendations for a new employment deal include key talent management approaches that can be made effective and efficient with technology.
Drawing on the insights from our study, and the broad economic, social and business trends taking shape globally, we see a new employment relationship emerging that is grounded in three interrelated organizational dimensions:
Fostering self-reliance on the part of employees
Creating a more personalized work experience for segments of the workforce, aligned with how people add value to the business
Strengthening agility and flexibility in the organizations structure, processes, management style and delivery of workplace programs
The study reinforces the messages of change, agility, process improvement, and business performance. The key learning is to keep learning by continuing to consider ways for your organization to adjust to the new realities of your workforce, your industry, and your geography.
In addition to understanding the studys findings, an upcoming Taleo-sponsored webcast can also provide insights. Register for Workforce Planning and Talent Management: What Your CEO Wishes HR Would Do on April 14, 2010 at 11:00 a.m. PT / 2:00 p.m. ET.
