© MERCER 2015 0

H E A L T H W E A L T H C A R E E R

T A L E N T S C A R C I T Y

A D D R E S S I N G T H E

G L O B A L T A L E N T

C H A L L E N G E

S O U T H A F R I C A N R E W A R D S A S S O C I A T I O N

2 0 1 5

Dion Groeneweg

Partner – Talent Business, Mercer

© MERCER 2015 1

“TALENTISM

IS THE NEW

CAPITALISM.”

Klaus Schwab

Founder and Executive Chairman,

The World Economic Forum

© MERCER 2015 2

O U R C H A N G I N G W O R L D

TECHNOLOGY

DISRUPTIONGLOBALIZATION

BIG DATA

WORKING DIFFERENTLY

INDIVIDUAL CHOICE

LIVING LONGER

MERCER

D E M O G R A P H I C C H A L L E N G E

3

Sources: Organisation for Economic Co-operation and Development and The Conference Board

For the first time we

are experiencing a

decline in the working-

age population in

mature economies

© MERCER 2015 4

I N H I B I T O R S T O S O L V I N G T H E S K I L L S

S H O R T A G E P U Z Z L E

4

WIDESPREAD UNEMPLOYABILITY

CRITICAL SKILLS GAPS

PUBLIC AND PRIVATE CONSTRAINTS

© MERCER 2015 5

D E F I N E S K I L L S F O R N E W J O B S

5

Educational Match

to Market

© MERCER 2015 6

D E F I N E S K I L L S F O R N E W J O B S

6

Educational match

to market

Immigration

Constraints

© MERCER 2015 7

T H E S K I L L S S H O R T A G E P U Z Z L E

T A L E N T M O B I L I T Y

7

Jobs to people

and

People to jobs

STIMULATING

ECONOMIES

THROUGH

FOSTERING

TALENT MOBILITY

© MERCER 2015 8

D E F I N E S K I L L S F O R N E W J O B S

8

Educational match

to market

Immigration

constraints

Challenges to

Implementing

Solutions

© MERCER 2015 9

T H E U N E M P L O Y M E N T P A R A D O X

B U S I N E S S - L E D S O L U T I O N S F O R A C T I O N

NUMBER OF

CASE STUDIES BY

SOLUTION AREA

58

20

23

NUMBER OF CASE STUDIES

BY REGION OF IMPACT

10,000+ : 28

100–1,000 : 11

1,000–10,000 : 10

1–100 : 12

CASE STUDIES BY

NUMBER OF PEOPLE

IMPACTED ANNUALLY

MERCER

T H E U N E M P L O Y M E N T P A R A D O X

10

“Activate” program by Google

“Born to Be” program by Deutsche Bank

“STEM Brazil Learning”by Credit Suisse

DEVELOP EMPLOYMENT

SKILLS

B U S I N E S S - L E D S O L U T I O N S F O R A C T I O N

© MERCER 2015 11

T H E U N E M P L O Y M E N T P A R A D O X

B U S I N E S S - L E D S O L U T I O N S F O R A C T I O N

“It’s TYME” by Barclay’s Africa Group

“5by20” by The Coca-Cola Company

“Cherie Blair Foundation

for Women” by MMC

FOSTER

ENTREPRENEURSHIP

© MERCER 2015 12

“2020 Legacy of Good Plan” by Dell

“Women Employment Organization” by Glowork

“Movement for Alternatives

and Youth Awareness” by Accenture

CONNECT TALENT

TO MARKETS

T H E U N E M P L O Y M E N T P A R A D O X

B U S I N E S S - L E D S O L U T I O N S F O R A C T I O N

© MERCER 2015 13

A SOLUTION H ID ING IN PLAIN S IGHT

WHEN WOMEN THRIVE

Women are

under-represented

at all levels of the global workforce.

Eliminating the male and female

employment rate gap has real

economic benefits.

Underutilization of female talent is a

critical business issue.

Quantitative research has

provided some unique and

actionable insights.

© MERCER 2015 14

G L O B A L L A B O U R F O R C E P A R T I C I P A T I O N

© MERCER 2015 15

S O U T H A F R I C A

© MERCER 2015 16

C U R R E N T T A L E N T F L O W S ( E X A M P L E )

© MERCER 2015 17

A SOLUTION H ID ING IN PLAIN S IGHT

WHEN WOMEN THRIVE

17

TOTAL HEADCOUNT (FEMALE EXECUTIVES)

© MERCER 2015 18

C H A N G I N G T H E T R A J E C T O R Y

18

Focus on

women’s unique

financial needs.

Align health

programs with the

female

professional

cycle.

Actively manage

pay equity.

Enhance

current policies

and practices.

Bundle,

don’t sprinkle.

Flexibility and

impactful tasks.

,

© MERCER 2015 20

A P P E N D I X

20

• When Women Thrive: http://www.mercer.com/insights/point/2014/when-women-thrive-businesses-

thrive.html

• Disrupting Unemployment: http://www3.weforum.org/docs/WEF_DisruptingUnemployment_Report_2015.pdf

• Talent Mobility Good Practices: http://www.mercer.com/content/dam/mercer/attachments/workforce-

sciences/Talent_Mobility_FINAL.pdf

• Human Capital Index First Edition:

http://www.mercer.com/content/dam/mercer/attachments/global/Talent/WEF_2013_Human_Capital_Report.

pdf

– Second edition coming soon: http://www.mercer.com/insights/focus/workforce-sciences-institute.html

• Making Mobility Matter: Moves That Develop A

Leader http://www.mercer.com/content/dam/mercer/attachments/workforce-

sciences/Mercer_HBR_MakingMobilityMatter.pdf

• Education & Skills 2.0:

http://www3.weforum.org/docs/GAC/2014/WEF_GAC_EducationSkills_TargetsInnovativeApproaches_Book

_2014.pdf

• Play to Your Strengths: Managing Your Internal Labor Markets for Lasting Competitive

Advantage http://www.amazon.com/Play-Your-Strengths-Competitive-

Advantage/dp/0071422536/ref=sr_1_1?ie=UTF8&qid=1360707168&sr=8-

1&keywords=play+to+your+strengths

Learn more from these reports: