Transcripts


 

March 14, 2005:
The Looming Worker Shortage
Interview with Dr.Tony Zeiss, author of the book, Get 'Em While They're Hot


Mike Carruthers:
When you do the math, it becomes clear that we're facing a real shortage of workers.

Tony Zeiss:
The baby boomer generation is of course the largest generation of American and they're all retiring. And succeeding generations are not going to be able to fill that worker gap, so we're facing this looming labor shortage.

Dr. Tony Zeiss, author of the book, Get 'Em While They're Hot

Even the conservative labor economists say we're going to be short 10 million workers in just 6 years. And we're almost at a crisis if you think about it, in public school teachers and in health care professionals, particularly nursing. Well pretty soon it's going to move to every area.

The good news is, this is a great time if you're a motivated, career oriented person, to really write your own ticket. And Tony says it will be essential for employers to do all the right things to attract and keep good people. Because there just won't be enough of them.

If you want to attract good employees, you have to develop a reputation for being a good place to work. And you can't fake it. I mean, you have to really be a good place to work. And then on retaining, if you want to retain people…recognition is the number 1 motivator of all American workers. I mean even if it's a mention in a newsletter. If you've ever had a child, you know from the time they begin to be aware of themselves, they're seeking recognition and approval. So humans don't change much. Human nature hasn't changed over thousands of years; people want to be recognized for what they've done.

At somethingyoushouldknow.net I'm Mike Carruthers and that's Something You Should Know.


 
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