Our 3 solutions to tackle the global skills deficit - Viewpoint - careers advice blog Viewpoint careers advice blog

Our 3 solutions to tackle the global skills deficit - Viewpoint - careers advice blog As a global recruiter, my business understands the challenges that organisations face as they look to build and grow their businesses. One key challenge they continue to face is the struggle to find the skilled workers they need to succeed. The global economy is in better health today than it has been for many years In order to better understand the skills landscape and be able to provide our clients with strategic recommendations, we collaborate with Oxford Economics on an annual basis to develop the Hays Global Skills Index. Analysing 31 countries, the Index throws a spotlight on issues such as education policy, wage pressure, labour market participation and talent mismatch. It aims to equip employers, policy makers, regulators and workers to build great careers and great businesses now and in the future. The global economy is getting stronger I’m pleased to say that the global economy is generally in better health today than it has been for many years. Strong economic growth, led by developed markets in Europe and the US, has boosted employment and wage growth to new heights. We’ve seen that certain countries have fared particularly well over the last year. In the US, for example, the growth in earnings relative to the cost of living has risen significantly, particularly in skilled industries. We are seeing a similar story in Australia and parts of Europe. In the UK alone, almost 2 million new jobs have been created and unemployment has fallen steadily. However, there’s no room for complacency There are still worrying signs of the lasting impact of the financial crisis. The ‘employment gap’ â€" the jobs lost since the start of the crisis â€" is significant. Although employment levels are rising, there are still 11 million fewer people in work today than would be if unemployment and participation had remained at pre-crisis levels. This is equivalent to one in 20 workers across all markets. Meanwhile many countries are struggling with employee productivity, with people working longer hours but not necessarily getting more done. We feel that more needs to be done by governments and businesses There is no room for complacency. As companies look to hire more people, the global skills shortage shows no sign of easing â€" labour markets are still under strain in a world of continuous change. Economic slowdown in China; high unemployment in continental Europe; an ageing workforce in Germany and Japan; and the UK’s low productivity. These macroeconomic developments have ramped up the pressure on labour markets across the world. We feel that more needs to be done by governments and businesses to address the issues that are still prevalent in labour markets. Based on the findings of the Index and  insight from our team of experts across the globe we have developed recommendations that outline some practical solutions to address the global skills deficit. 1. Enable more and easier skilled migration to allow  businesses access to workers with key skills Each country needs to look beyond its own borders  to allow businesses to access the talent they need.  While self-sufficiency in skills is a worthwhile goal for any  economy, it is wrong to restrict a business’s ability to grow  by restricting its access to talent globally if the necessary  skills are not available locally. Skilled migration is a vital  short-term solution to filling specific skills shortages  where suitably qualified local workers are not available. Governments must therefore make a clear distinction  between general immigration and the movement of skilled  workers across borders. This should include fast-tracking  visas for roles that can’t be filled by local workers  and showing clear public support for the mobility  of skilled labour. 2. Ensure better training for employees and closer  collaboration with schools, universities and technical  colleges to deliver the skills pipeline of the future Structured training is essential at all levels, from graduates  and apprentices through to the oldest workers. There are  huge economic gains at stake for countries that raise their  standards of education and training to better prepare young  people for the workplace. It is clear that in the long term,  education, training and apprenticeship schemes to  up-skill  employees is the best way of boosting productivity and  the pool of ‘home-grown’ talent. 3. Encourage businesses to embrace technology and  maximise the skills at their disposal Education, training and apprenticeship are  the best ways of boosting productivity Finally, governments and business leaders should consider  how investment in new and advanced technologies can  help employees work more efficiently and thereby boost  productivity. People being able to work smarter, rather than  longer, will make the most of the skills a business has at  its disposal. People must feel empowered to invest in and  embrace new technologies to make this happen. I firmly believe that investment in these three areas will have a dramatic impact in easing the skills shortage, boosting the competitiveness of firms worldwide and securing an even stronger recovery for 2016 and sustainable growth beyond. Visit the interactive Hays Global Skills Index 2015 here. //

Egypt A Myriad of Business Opportunities - Work It Daily

Egypt A Myriad of Business Opportunities - Work It Daily Quite a long time ago, â€" no, this isn't some sleep time fantasy â€" it used to take numerous disappointment filled a very long time for any UK business to set up or venture into Egypt. No more. What's more, contingent upon the business segment included, it would now be able to take as meager as 72 hours! Egypt offers a horde of chances for specialists and business people the same from over the world. A gander at the nation's 6,000-year history discloses to you this has consistently been the situation, for the most part in view of the key area it involves, going about as a scaffold among east and west, and north and south. With the quantity of individuals evaluated at around 82.5 million, Egypt is third as far as size of populace inside the African mainland, behind Nigeria and Ethiopia. It's the most crowded Arab nation. A large portion of Egypt's populace is focused in three regions. These are Cairo, the capital and the biggest city in the Arab world; Alexandria and along the banks of the River Nile; the Nile Delta, arranged toward the north of the capital; and along the Suez Canal. Beginning a business in Egypt is a very alluring suggestion now as a result of another lawful system, which permits 100% outside responsibility for, just as 100% remote portrayal on the governing body. Security is likewise set up to forestall seizure, the taking of private property into open proprietorship by the legislature. There is additionally assurance against twofold tax collection, through worldwide arrangements, and necessary valuing. Partnership charge at a pace of 20% is paid on net benefits up to EGP 10 million, and 25% on benefits more noteworthy than that. Individual salary, a total of work pay, business pay, non-business pay and pay from land resources, is correspondingly burdened. Profit up to EGP 10 million are charged at 20%, with a 25% rate for income more prominent than EGP 10 million. Egypt has a flourishing and completely present day budgetary administrations part, also a best in class interchanges foundation, as well, the two of which are incredibly delicate to the yearnings and necessities of the business network. With more outside direct speculation than some other nation in North Africa, the absolute most popular worldwide organizations â€" Microsoft, IBM, Vodafone, Oracle, to give some examples â€" have opened for business in Egypt, pulled in by a business-accommodating condition offering the two motivating forces and insurance. Since the 1970s, Egypt has been making Free Zones in parts of the nation â€" ordinarily close to seaports and air terminals â€" in an offer to draw in outside venture, increment sends out and make employments. Impetuses and certifications to set up during the zones incorporate a lifetime exclusion from all assessments and customs, and exception from all import/send out guidelines. Defilement, the impression of it at any rate, has frequented the Middle East for quite a long time and has been a significant disincentive in pulling in internal venture. In any case, in Egypt, times have absolutely improved. Harder enactment and long-running government battles have drastically reigned in debasement levels. New enemy of defilement offices have additionally been set up, nearby observing and arraignment specialists, as well, all of which has improved Egypt's picture over the world. Article composed by Jonathan Swain Picture Credit: Shutterstock Have you joined our profession development club?Join Us Today!

How to Find Hidden Job Leads on the Go - Work It Daily

The most effective method to Find Hidden Job Leads in a hurry - Work It Daily We realize you have a bustling life â€" between carrying the children to soccer work on, preparing meals, and associating with companions, who has the opportunity to concentrate on their pursuit of employment? Uplifting news, work searchers! Presently you can work on your pursuit of employment in a hurry with your cell phone. Who knew? Rather than playing Angry Birds or Words with Friends while you sit tight for the transport, step forward with your pursuit of employment. Here are a few assets you can use to secure shrouded position leads when you're lashed for time. Get Advice Made a beeline for a meeting and need a couple of a minute ago pointers? Attempt the Career Solvers application! It's crammed with valuable apparatuses and vocation guidance for work searchers. Compose Your Efforts You have a lot at the forefront of your thoughts as of now â€" so don't squeeze your cerebrum to recollect your pursuit of employment objectives. Compose the entirety of your pursuit of employment endeavors in the palm of your hand with applications like Evernote or Astrid. Update Your Resume Is it an opportunity to give your resume a lift? Presently you can deal with your resume while you're sitting in the tram. Applications like Pocket Resume and ResumeMaker On-the-Go help you make, keep up, and send your resume directly from your telephone. Brand Yourself Nowadays, it's probable selection representatives and managers will find you online to ensure you don't have any awful press. Keep up your computerized image by making positive and supportive online pages about yourself. The About.me application encourages you structure your own profile/contact page â€" it's practically similar to an advanced business card! System With Your Connections You definitely know organizing is vital in a pursuit of employment. With applications like LinkedIn, a profession situated online networking website, you can without much of a stretch update your profile, resume, and associations any place you go. Another extraordinary application for systems administration is SnapDat. With this application, you can make, hold, and offer advanced business cards with practically anybody. Who needs printed versions any longer? Quest for Openings Not certain where to go after positions? Secure shrouded position leads through applications like Twitter and the Hidden Jobs App. With Twitter, clients can look on an assortment of hashtags to limit their pursuit. For instance, on the off chance that they are searching for a situation in deals in Maryland, they may look on #jobs #maryland #sales. With the Hidden Jobs App, you can find not publicly broadcast positions at organizations around the U.S. Good karma and glad occupation looking! Picture Credit: Shutterstock Have you joined our vocation development club?Join Us Today!

How to be smarter with money 8 simple secrets

Step by step instructions to be more brilliant with cash 8 basic mysteries Step by step instructions to be more brilliant with cash 8 basic mysteries Everybody needs to recognize what the following extraordinary speculation is. In any case, that is an inappropriate inquiry. In the event that you need to bring in cash as time goes on, picking speculations isn't the genuine issue. At the point when studies contrast how well ventures perform with how well financial specialists play out there's consistently a hole. Financial specialists perpetually do more awful than the speculations do. From The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money:The concentrates regularly analyze speculators' real returns in stock assets to the normal returns of the assets themselves. Just all things considered, they're attempting to contrast the profits financial specialists get with the profits ventures get. Is there actually a distinction? Goodness, you wager there is. Normally, the examinations find that the profits financial specialists have earned after some time are a lot of lower than the profits of the normal investment.So what's happening? The issue is our conduct. We do moronic things like purchasing high and selling low or picking a stock that conveys a strong return - while paying twice that in enthusiasm on charge card obligation. What's more, in the event that we keep on doing moronic things it doesn't make a difference what the venture is; we'll screw it up.A part of monetary exhortation is clear and straightforward (gain more, spend less.) But on the other hand so is most abstaining from excessive food intake counsel (eat less, practice more) and we simply don't do it. It's basic - yet not easy.So who can lead us out of this snare? Carl Richards expounds on close to home account for the New York Times and is the smash hit creator of The Behavior Gap and The One-Page Financial Plan.He puts it just: Monetary achievement is more about conduct than it is about skill.Let's get to it … Reminder: You can't anticipate the futureThere is no great speculation. Timing is consistently an issue. Individuals sa id web stocks simply prop up - and afterward 2000 occurred. Purchasing a house was a surefire wagered - and afterward 2008 moved around.From The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money:Trying to pick a stock's future development way dependent on past development resembles attempting to figure if a coin will come up heads or tails when you realize that the last hurl was a heads. The past hurl lets you know nothing.Some individuals will contend: However Apple climbed in excess of 4,000 percent from the finish of 2000 as far as possible of 2010! Sure, yet do you believe it will continue doing that eternity? Obviously not. So we're back to anticipating what's to come. Furthermore, tragically, your Magic 8 Ball continues saying, Answer murky, attempt again.This shouldn't incapacitate you. You will put away your cash some place. In any case, you need to put together your choices with respect to sound standards - not expected results that are consistently uncertain.( To become familiar with the study of a fruitful life, look at my top of the line book here.)To truly improve your accounts as time goes on, you need an arrangement. No, it doesn't need to be some 200-page behemoth you will never at any point take a gander at and doesn't expect you to break down each link and telephone charge you got in the course of the last 15 years.In actuality, the arrangement can fit on a record card … Ask what does cash intend to me?Financial arranging appears to be overpowering to the point that our first reaction is to hurl our arms and ask any master to simply instruct me. But that doesn't work.Carl requested that top money related directors exhort him as though he was another customer - yet wouldn't let them ask him any inquiries. They simply needed to simply make dazzle suggestions. What's more, precisely zero of them could dependably do it.Because money related choices are regularly life choices. And the entirety of our lives - and our life objectives - are different.From The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money:Financial choices quite often are life choices. Before you settle on your monetary objectives, you have to pick your life objectives. At the point when you interface money related choices to life choices, you experience an entire diverse arrangement of difficulties. Every individual's money related circumstance gets one of a kind, in light of the fact that their objectives are remarkable. It's not, at this point about reflections like a safe retirement or an advanced degree it's about your vision of retirement, and your kid's instruction. What brings you joy may not bring your neighbor bliss and a canned arrangement won't work for both of you.And so the first - and generally significant - inquiry to pose to yourself is, I'm not catching money's meaning to me? (Yeah, I know, you didn't anticipate that budgetary arranging should seem as though you're conversing with a therapist.)Does cash mean secur ity? Opportunity? Opportunity? Something different? When you have that answer continue burrowing. You need to get a dream of what your genuine objectives are alongside a thought of your time skylines, chance resilience and what sort of changes you're willing to make.Your plan shouldn't be perfectly clear and it can change. In any case, you'll need it as a North Star so you don't go pursuing each next huge thing you read about in the paper or the hot stock Uncle Jack makes reference to at the occasion supper table.If you have a life partner or accomplice you'll need to have this conversation together on the grounds that their North Star may be not the same as yours.Once you have a thought what cash intends to you, you need to be increasingly concrete about your objectives. Indicate three major ones. Would you like to be good to go for retirement a long time from now? Or on the other hand to set up your children for school in 15? Would you like to purchase a house in 5 years? Or on th e other hand travel more in 2?Carl says the procedure is tied in with acknowledging where you need to go, where you are once in a while narrowing the hole. Since the essential inquiry while assessing any speculation is, Will this assist me with arriving at my goals?(To learn more research sponsored tips on the best way to set aside cash, click here.)And since you recognize what's significant, we can discuss conduct. What's more, conduct regularly comes down to feelings.Feelings can be the most impressive things in our lives. Sentiments can gain experiences that last. In any case, in case you're not cautious… Feelings can be very expensiveWe purchase high and sell low since we have a sense of security when we follow the pack. We clutch our manager's stock in any event, when it's not lined up with our objectives since we feel loyal.And we exchange stocks pointlessly on the grounds that it feels, well … fun. There's a word for that: gambling.What can we as a whole concur on about b etting? It's fun, energizing … and something you could never suggest anybody use as the reason for their retirement or their children's education.Investing isn't amusement. Base your choices on objectives and standards, not on your emotions about what will occur. Try not to play the securities exchange; that is the means by which you get played.(To become familiar with the two-word wake-up routine that will fulfill all of you day, click here.)But right now you might not have a lot of money to try and consider contributing. So what's a dead-basic approach to begin going through less?Use the 72-hour testObviously, you need to do what each budgetary exhortation section since the beginning of time suggests: track your spending. It's exhausting - yet as we simply got the hang of, exhausting is acceptable. Spending less is significant - yet it is difficult. How might we make it a little easier?Luckily, Jeff Bezos made a superb component to assist you with controlling your spending. It's called your Amazon Shopping Cart. Face it, not many of the things you purchase online should be bought right away. Starting now and into the foreseeable future, anything you would have purchased with a single tick goes in your Shopping Cart for a compulsory 72-hour holding pattern.After three days, when the gimme-gimme-gimme feelings have faded away, equitably inquire as to whether this thing is a higher priority than drawing nearer to the objectives on your one-page monetary plan.From The One-Page Financial Plan: A Simple Way to Be Smart About Your Money:When I come back to the site, I once in a while feel as unequivocally about purchasing what's in my truck. So I erase those things, and in the process spare myself a great deal of cash and the need to discover more space. The pleasant thing about the 72-Hour Test is that not very many things must be purchased at the present time. The additional time gives a pad: we're not saying no; we're just not yielding to our inclination for m oment gratification.(To take in 5 privileged insights from neuroscience that will expand your capacity to focus, click here.)So you're spending less. Cool. In any case, how would you really begin sparing - and without applying any self-control?Automate great behaviorThe most effortless approach to not settle on idiotic choices is to not let yourself really settle on the choices. Most, if not all, online monetary locales let you mechanize transactions.Let your Dr. Jekyll set up moves to investment funds, installments of bills, and whatever else significant so your Mr. Hyde doesn't go on a spending spree.From The One-Page Financial Plan: A Simple Way to Be Smart About Your Money:Instead of compelling yourself to settle on these choices over and over, make them programmed so your well meaning goals can transform into great conduct. You can mechanize your investment funds and your 401(k) distributions and ensure they're naturally rebalanced, and I likewise recommend computerizing certai n set installments, similar to home loans or vehicle advances … The fact of the matter is: by settling on these choices programmed, the impulse to swindle will decrease.(To take in 3 privileged insights from neuroscience that will assist you with stopping unfortunate propensities without determination, click here.)You're spending somewhat less and easily sparing more. Presently how would you appropriately assess those speculations that were bought some time before you read that madly supportive blog entry on close to home finance?Use the overnight testYou're currently much increasingly clear on your budgetary objectives. Be that as it may, you weren't before when you bought the speculations you're as of now holding. How would you get everything in alignment?From The Behavior Gap: Simple Ways to Stop Doing Dumb Things with MoneyAsk yourself what you would do in the event that somebody came in and sold the entirety of your speculations short-term. The following morning you wake up a nd you're left with 100 percent money in your record. Here's th