attracting and retaining stem talent
TRANSCRIPT
Attracting & Retaining STEM TalentNereida (Neddy) Perez, Principal, D&I Creative Solutions
www.dicreativesolutions.com [email protected]
Phone: 832-216-8836
Objectives
Overview of the Marketplace
Generational Differences New Approaches Resources Questions
Marketplace Trends
Skills Gaps
More than $1 trillion dollars spent on STEM % of graduates in the Sciences and
Engineering has only increased 2.6% in the last 5 years
High School graduation rate has maintained by 78% Hispanic Males have highest dropout rate African American Males second highest
dropout Asian, Latina and White Females have highest
rate of graduation White and Asian males account for largest
number of talent in STEM Skills Deficiency
70% lack Computer Technology 69% lack Problem Solving Skills 67% lack basic technical training 60% have poor math skills
State of Manufacturing Study by Deloitte https://www2.deloitte.com/us/en/pages/manufacturing/articles/boiling-point-the-skills-gap-in-us-manufacturing.html
Generational DifferencesMost Important Boomers GenXers Millennials GenZ
Work environment • Respect • Good pay • Stability• Respect for work • Value my
experience
• Advancement opportunities
• Independence• Good pay• Needs a road map
for career management
• Flexibility at work• Mentor/Coach• Equal partner• Need access to learn• Give me chance to
prove myself I can figure it out
• Flexibility• Meaningful work• Collaboration• Entrepreneurial
environment.
Workplace • Fixed office location
• Clean reporting lines
• Structure is important
• Work on my own time
• Needs own space • Access to
technology• Likes to figure things
out on their own – will ask advice if I need it.
• Work at own pace – Flexible hours
• Open environment• Access to
technology• entrepreneurial
• Work anywhere on my own time
• Open environment• Access to
technology• It’s okay to fail it just
gets you closer to a solution
Marketplace • Solid company • Stability• Reputable
products
• Reputation • Commitment to
environment• Diversity
• Commitment to the environment
• Commitment to the community
• Diversity is a given
• Commitment to the environment
• Commitment to the community
• Diversity imbeddedEconomics • Stability
• Retirement benefits
• Healthcare
• Stability is nice but willing to jump for next opportunity
• Portable retirement benefits
• Willing to move to right company
• Money now• Portability of
benefits• Will figure out
retirement later
• Pay me well• Let me bring my pet • Pay for me to take a
vacation• Not concerned
about retirement
Immigration
H1B Visas - 886K applications received in March 2017
Uncertain Immigration Policy
U.S. Brain Drain
Not just about Mexicans &
Middle Eastern
Communities -
Indian and Asian
Communities are impacted
too.
New Approaches
Pump-up and invest in employee referrals
65 – 70% Improved retention Auto mentoring buddy
Streamline the recruitment process with one-step applications
Linkedin Indeed
Go mobile Leverage
Business/Employee Resource Groups
Interviews Expect a casual
environment
New Approaches
Recruit at the High School Level interns
Partner with Colleges’ 2 year programs or create a programs
The return of Co-ops and Apprenticeship Programs
Leverage National Manufacturing Day to promote job opportunities
Link company scholarship programs to internships
New Approaches
Fix Onboarding New hires quit between 30-60 days
because of culture fit Steps to take:
Welcome letter from CEO & CHRO after being hired – video or email message
Provide information about company before start date
Provide buddy for onboarding Create opportunity for new
hires to connect with each other
Leverage Business/Employee Resource Groups an opportunity to connect and befriend new hire
If they leave – maintain an open door Employee Alumni Association
Resources Electronic Footprint is Critical:
GlassDoor Linkedin Facebook Snapchat
Specialized websites for undergraduates and early career graduates
Society of Women Engineers Nations Society of Blacks in Engineering National Society of Hispanic Engineeers Association of Asian Americans in Engineering Association of American Indian Scientists and
Engineers Black Data Processors Association (BDPA) Other groups exist for Accounting, Legal, Supply
Chain, SHRM Targeting Directors, VPs are on Linkedin,
Zoom Info Military – Lucas Group Executive search firms best for SVPs, EVPs
Resources
Central Piedmont Community College (www.cpcc.edu)
North Carolina School of Sciences & Mathematics (www.ncssm.edu)
North Carolina STEM Plan http://www.dpi.state.nc.us/docs/stem/overview/
education-strategic-plan.pdf STEM Innovation Forum
(www.steminnovationforum.com) NC STEM Center (https://www.ncstemcenter.org/) Black Executive Exchange Program, National
Urban League (HBCUs) Winds of Change Magazine (Native Americans)
Questions
Nereida (Neddy) PerezPrincipal, D&I Creative Solutions
www.dicreativesolutions.com [email protected]
m Phone: 832-216-8836