IOE Global Employers’ Summit

6 October - Bahrain

Denis Pennel, Ciett Managing Director

Source: WEF 2011. Global Talent Risk – Seven Responses, CEDEFOP, Eurostat, European Council

Work mobility is requiredto address talent gap and skills mismatches

Source: McKinsey Global Institute – A labour market that works, June 2015

Labour markets are not functionning well

Source: Manpower 2015 Talent Shortage Survey

Globally,38% of employers have difficulties filling jobs

Source: Manpower 2015 Talent Shortage Survey

Hardest jobs to fill:Skilled workers are the most sought after

Which solutions?

• Combat rogue traders exploiting (migrant) workers

• Entice governments to adopt appropriate regulation on private employment services (ILO Convention n°181) including no-fee charging

• Ensure level-playing field for all employment services & intermediaries

• Encourage governments to implement « Green card » type policy to select & monitor work mobility

• Encourage development of on-line employment platforms (e.g. Upwork, Guru.com, Freelancer.com) to access the Human Cloud

72 millionadditional FTE positions

createdindividuals will access

labour market worldwide

Source: McKinsey Global Institute – A labour market that works, June 2015

Is the Human Cloud the solution?

Thank you!Follow me:

Denis Pennel

@PennelDenis

New Realityof Work

La nouvelle réalité dutravail