My Recruiting Blog

Not Business as Usual
Along with the rise of new communication, technologies and the Internet specifically came new and now popular ways of transacting business around the globe. New information technologies also have improved the speed and accessibility of banking making it easier for humans across the planet to interact and transact.

Yet, along with improvement comes the potential for chaos in the system requiring knowledge and experience in those holding positions, which are key to the smooth running of daily business. What, then, happens to these systems when that necessary knowledge and experience is absent? According to recent human resources and workplace studies, the United States will soon be poised to learn the answer to this question when its key positions suddenly become vacant due to the loss of a number of workers vital to the daily operation known as business as usual.

Baby Boomers Leaving Labor Force
Currently, the United States work force is comprised of a growing number of humans who were born in what is now called the Baby Boomer generation. The state of California is no different. In fact, the most recent employment data lists government in a number of counties and especially state government as leading with the most new employment positions being created. Clearly, they are preparing to react so that delivery of necessary vital services is not obstructed due to the aging out of its primary work force.

Investing In Human Capital & Education
Other industries are also seeing brisk growth especially in the San Francisco Bay area with biotechnology leading the escalation. Unfortunately, there is a shortage of qualified and skilled workers to fill these positions so the state and several neighboring counties in the San Francisco Bay area are investing funds to help transform unemployed or laid off manufacturing workers to fill this void.

Interesting new projects are being funded by new initiatives, which are designed to create a self-sustaining society and fuel continued growth of both San Francisco jobs and the state’s economy. Of course, the success of the ventures will be easily measured by the successful attainment of those completing the new re-education program. Other similar programs have worked in the past and with continued success, new programs will be funded in the future with demonstrable success.

Why is the state and surrounding counties putting forth such efforts to transform disadvantaged segments of the labor force into highly skilled workers for biotechnology companies can be easily explained by the starting salaries of entry-level positions, which are reported to start at $35K to $45K for these unfilled positions? The reason is clear; a healthy, productive labor force, plus companies which employ these workers equal additional tax revenues, a robust local and state economy, and a self-sustaining climate as a direct result.

Certainly, these alone are reason enough to make the effort to re-train those willing to put forth the effort. A higher return than most investment dollars offer for the money. Plus, when the overall goal is to establish a self-sustaining population of people it appears to be the right investment for everyone concerned.

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