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ALARMED: Gerald Seegers

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In a survey conducted by PricewaterhouseCoopers this year, nearly 1,300 CEOs in 60 countries were asked about their priorities and how they are preparing for the future.

Talent emerged as one of the biggest issues facing the boardroom.

In South Africa in-depth interviews were held with 32 CEOs from leading listed and privately-owned companies.

More than half of South African CEOs confirmed that it was becoming more difficult to recruit workers in their industries, citing the supply of skilled candidates, changing skills needs and compensation expectations as the leading reasons for this.

A significant percentage of CEOs see the lack of skills as a major challenge to the growth of their businesses, with only a minority "very confident" that they will have access to the talent that they need over the next three years.

Gerald Seegers, director for human resources PwC Southern Africa, said CEOs were facing "talent crunch".

"It is a unique challenge - companies are struggling to find and keep the right talent when there are more educated people than ever before and a worldwide talent pool is available to them," he said.

Despite these challenges, 72% of South African and 85% of global CEOs remain confident that they will be able to access the talent they require to execute their companies' strategies in the next three years.

CEOs across all industries said it had become more difficult to find the skills they need, even industries within which retrenchments had taken place.

Globally, CEOs say they will change their strategies for managing talent.

However, only a handful has the intention of relocating operations to take account of the availability of talent.

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Wed Jun 19 03:00:47 SAST 2013 ::

Apr 13, 2012

Mwelase

apartheid wagegap and tribalism it contributes to the companies not to find suitable candidates. True/ False?
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Apr 13, 2012

Mwelase

@sowetan, stop being naisty. please advise which suitable words to use if i want to mention isifikanamthwalo/umlungu, cause thee now stoping my comments. Does it really still matters to thee ukubiza inkonjane in english. or were you also born oppressed?
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Apr 13, 2012

Papage

It is not about skills, it is about Employment policies, the Government is to blame, there are lot of skilled people out there, but the colour of the skin has been made to be the one to decide if that company should employ you of not, the BEEE core card thing is destroying the talents and qualified youth we have in the country, they end up moving aproad. Change your Employement policies and pay proper salaries to everyone you will see.
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Apr 16, 2012

Siya5297

There is no way, you can stay forever working for government cause their salary scales are pathetic unless you are a director
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