While millennials are expected to account for 75% of the global workforce by 2025, business executives are not thinking too much about recruiting millennials. This is one key insight stemming from a new research study from Epicor Software Corporation, a global provider of industry-specific enterprise software, which underscores the need to address human capital and next-generation workforce requirements to fuel business growth.
Only 39% said recruiting millennials was a “fairly significant” or “major” focus for their organisations, revealing a critical disconnect as “technology leadership” and a “skilled workforce” were top growth stimulants identified by those polled—elements that today’s highly connected, technologically advanced millennials can well facilitate.
The manufacturing industry increasingly relies on technology to drive growth. It is estimated that nearly 3.5 million manufacturing jobs will need to be filled in the U.S. over the next decade. With the working age population shrinking and Baby Boomers heading into retirement, millennial talent will be a key element to drive business growth in the next decade.
Paul Arkwright
Publisher
