höfum skarpa sýn eures is mobility conference, keflavik, may 30th 2008 the demand for specialists...
TRANSCRIPT
Höfum skarpa sýn
EURES IS Mobility Conference, Keflavik, May 30th 2008
The Demand for Specialists in Iceland
19. apríl, 2023
Capacent Iceland today
Capability Center –
The largest research-, consulting- and recruitment company in Iceland
130 employees
50% women
Varied educational background:
Engineering, Psychology, Methodology and Statistics, Business, Anthropology, Economics, Pedagogy, Public Administration, Literature, Politics, Computer engineering, Management, Behavioural science, Media studies, Geology etc…
19. apríl, 2023
Capacent Ráðningar (Search and Selection)
The largest specialist and executive recruitment company in Iceland
Capacent Search and Selection specialize in specialist and managerial recruitments utilizing the best methods available.
Job analysis, Search and selection, Pre-screen interviews, background checks, personality and ability tests, etc.
Ensuring the right specialist with the right background and right skill set for each position
Large Icelandic proprietary recruitment database
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Shortage of specialists
>1% unemployment rates
Excess demand for skilled engineers, programmers, system administrators and skilled financial specialists.
Icelandic educational system is not managing to keep up with this demand even though the number of university graduates has increased dramatically.
If things keep on progressing along the projected lines, in the coming years, we only see an increase in this excess demand and the only way to meet this excess demand is to dramatically increase the number of recruitments from outside of Iceland.
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Gallup market research
In October and November 2007 Capacent Research (Gallup) did a market research for Capacent Search and Selection to gauge the demand for expatriate recruitments.
500 managers in companies spanning the whole employment sector were asked various questions to gauge their interest in expatriate recruitments.
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How likely or unlikely is your company to hire a foreign specialist with the right education or experience?
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Which educational background do you think a foraign employee would have to have?
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What has Capacent Search and Selection done
Cooperation with EURES IS to open avenues to reach prospective candidates in EEA area
Official system for expatriate recruitments and encouraged expatriates to apply and register
Promoted the service to Icelandic companies
Acquired a recruitment company in Denmark, Capacent IKU (Institut for Karrierudvikling).
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The obstacles on the way
Scepticism and reluctance
Shortage of specialists in demand in the entire EEA area
Inhibitory regulations regarding work permit for non-EEA area nationals
The market downturn following the sub-prime crisis
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Hopes for the future
Despite the short term downturn in the market the demand for highly skilled specialists isn’t going anywhere
Easing scepticism through a marketing effort
Easing of inhibitory regulations regarding non-EEA specialist recruitments
EEA wide blue card program
A single EEA wide EURES recruitment database
