Demand for talent is converging sharply on critical roles in the U.S.
and U.K., according to Gartner TalentNeuron data on millions of job
postings. Gartner TalentNeuron data shows that 49% of all job postings
by S&P
100 companies in 2018 were for just 39 roles. The remaining 51% were
for 872 other roles.
Forty-one percent of all job postings by FTSE
100 companies in 2018 were for just 20 roles, while the remaining
59% were for 641 other roles. The most competitive roles in the U.S. and
U.K. are in critical functions across IT, research and development,
marketing, sales and customer service.
“In the U.S. and U.K., we’re seeing many of the same in-demand skills,
including data analysis, advanced coding and solution selling,” said
Lauren Smith, vice president, Gartner’s HR practice. “The 39 critical
roles in the U.S. include software developers, marketing managers and
computer system engineers/architects, whereas in the U.K., the most
critical roles include customer service representatives and financial
managers.”
Competition for talent complicates recruitment
This convergence of demand reflects fundamental changes
in the workforce, including an increasing focus
on digitalization. Gartner research found that 67% of business
leaders agree their company must become significantly digitalized by
2020 to remain competitive. As new technologies emerge and corporate
business models evolve, many organizations across most industries are
pursuing the same talent.
In addition, skills
and roles are themselves evolving with technology, meaning business
leaders may not even know what their own talent needs will be. Gartner
said most organizations expect more than 40% of leadership roles to be
significantly different within five years.
Recruitment costs are surging as recruiters must handle a more complex
mix of requisitions, with more specialized and unfamiliar requirements.
Time to fill for open positions is increasing, especially when
recruiters are hiring for talent in areas outside of their core
competence.
Data helps focus the talent search
Data on external labor markets offers important future-focused,
data-driven insights into emerging technologies, the associated demand
for new technical skills and the geographic locations that provide rich
sourcing opportunities for sought-after talent.
“Those insights not only uncover
potentially new sources of talent, they also provide a more
sophisticated way to view and define your talent sourcing strategy in
order to drive business results,” said Lauren Smith, vice president,
Gartner’s HR practice. “Understanding the increased competition in the
external labor markets also enables organizations to be more strategic
about which roles to fill externally, and whether they must look to
their internal
talent pool to fill certain positions.”
Additional information is available to Gartner
for HR Leaders clients in the “Most
Competitive Roles for 2019 Report.” Gartner TalentNeuron conducted
an in-depth annual analysis of all job postings in the U.S. for the S&P
100 between January 1 and December 31, 2018, and identified the roles
for which at least 90% of S&P organizations were recruiting. The same
analysis was conducted for all job postings in the U.K. for the FTSE 100
between January 1 and December 31, 2018, to identify the roles for which
at least 67% of the FTSE 100 were recruiting. The threshold for
competitive roles is lower in the U.K. because many of the employers in
the FTSE 100 do not have operations in the U.K.
About Gartner ReimagineHR
Gartner experts will provide additional insight into the labor and
talent issues at the Gartner ReimagineHR Conference, taking place
October 28-30 in Florida.
Gartner ReimagineHR is the premier event for HR leaders around the
world. Join Gartner and senior HR executives to hear key insights and
learn actionable strategies necessary to support organizational
performance. Gartner ReimagineHR will also be held August 6-7 in Sydney,
and September 18-19 in London.
Follow news and updates from these events on Twitter using #GartnerHR.
About Gartner for HR Leaders
Gartner for HR Leaders brings together the best, relevant content
approaches across Gartner to offer individual decision makers strategic
business advice on the mission-critical priorities that cut across the
HR function. Additional information is available at http://www.gartner.com/en/human-resources/human-resources-leaders.
About Gartner
Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory
company and a member of the S&P 500. We equip business leaders with
indispensable insights, advice and tools to achieve their
mission-critical priorities and build the successful organizations of
tomorrow.
Our unmatched combination of expert-led, practitioner-sourced and
data-driven research steers clients toward the right decisions on the
issues that matter most. We are a trusted advisor and objective resource
for more than 15,000 organizations in more than 100 countries — across
all major functions, in every industry and enterprise size.
To learn more about how we help decision makers fuel the future of
business, visit www.gartner.com.
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