The Talent Equation Manufacturing Matters

Transcription

1 The Talent Equation Manufacturing Matters Presented by Jennifer McNelly President The Manufacturing Institute National Robotic Welding Conference & Exhibition 2013 People Make the Difference Recipes for Robotic Arc Welding Success

2 Mission To research and support manufacturing excellence, innovation, and talent; and deliver solutions to keep manufacturers in America globally competitive. 2 2

3 3 The Manufacturing Institute is the authority on the attraction, qualification, and development of worldclass manufacturing talent. 3

4 Why manufacturing? Why Manufacturing?

5 For every $1.00 spent in manufacturing, another $1.48 is added to the economy, the highest multiplier effect of any sector

6 Exports Wealth Strength Jobs R&D

7 Productivity Growth Index (1990=100) Manufacturing Drives Productivity Growth Manufacturing Excluding Computers and Electronic Products Service Sector Source(s): U.S. Bureau of Economic Analysis and MAPI 7

8 Average Compensation in Dollars per Full-Time Equivalent Worker, 2011 Manufacturing Jobs Offer Greater Compensation $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 Manufacturing Non-Manufacturing Source(s): U.S. Bureau of Economic Analysis and MAPI Wages and Salaries Benefits 8

9 A resurgence in U.S. manufacturing? 9

10 Challenges 10

11 Structural Cost of Manufacturing U.S. Manufacturers face a 20% cost burden over competitors from our largest trading partners. Corporate tax rates make up over half that burden as other countries have reduced rates. 35% 30% 25% 20% 15% 10% 5% 0% Structural Cost Burden For U.S. Manufacturers 22.4% 31.6% 17.6% 20.0% U.S. Canada Mexico Japan China Germany U.K. Korea Taiwan France % 44% 34% 51% 33% 57% 31% 30% 25% 36% % 31% 30% 40% 25% 29% 28% 24% 17% 33% The Manufacturing Institute & MAPI - October 2011

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13 2013 Global Manufacturing Competitiveness Index

14 Quality Life = Quality Job Supply Demand Disconnect Do we have a skills gap?

15 There are fewer manufacturing education programs. There are fewer students pursuing manufacturing careers.

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19 Manufacturers Need New Workforce Strategies Top sources for new employees Word of mouth Staffing agencies Online Job Boards Newspaper Ads Company recruiting function External search firms Company Websites Tech schools Community colleges Other 6% 8% 15% 14% 18% 26% 32% 40% 40% 52% The Manufacturing Institute & Deloitte - October 2011

20 What s the solution? 20

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22 Educate manufacturers about the importance of talent-driven innovation and build support for nationally portable, industry-recognized credentials as an effective means to close the manufacturing skills gap.

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24 Wouldn t It Be Nice If You knew a job applicant had baseline skills in: Reading & Writing Applied Math Locating Information (like in a table or blueprint)

25 Wouldn t It Be Nice If You knew a job applicant had baseline skills in: Reading & Writing Applied Math Locating Information (like in a table or blueprint) National Career Readiness Certificate

26 Wouldn t It Be Even Better If

27 Call to Action Embedding industry-based certifications in education pathways provides third-party validation of skills and minimizes hiring risk for employers; Aligning education and training to nationally portable, industry-driven certifications developed by employers increases placement and wage gains for students; and Embedding industry-based certifications in education pathways increases the acceptance of credits for articulation across programs and institutions, enhancing efficiencies of the educational delivery system and promoting student completion.

28 Certified Workers

29 Quality Workforce Certified Students Certified Instructors Certified Schools 29

30 Values Associated with Credentialing Lower recruiting costs Lower entry-level training costs Improved employee retention Improved opportunities for advancement Improved employee engagement and input Lower relocation costs Improved workplace safety

31 If we build it will they come? 31

32 Encourage individuals to pursue manufacturing careers and reposition manufacturing in the minds of citizens students, parents, teachers, and guidance counselors. 32

33 The Advanced Manufacturing Workforce STEP Ahead initiative is the call for action to promote the role of women in the manufacturing industry through recognition, research, and best practices for attracting, advancing, and retaining strong female talent

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35 Over 190 Companies Strong 35

36 The Advanced Manufacturing Workforce

37 October 4,

38 Invest in EDUCATION and TRAINING Help to promote a positive manufacturing IMAGE Stand as a POLICY LEADER Be a BUSINESS LEADER 38 38

39 Be the One

40 Contact Information Jennifer McNelly President The Manufacturing Institute