The Impending Talent Crunch: Its Worse Than You Think

Lots of people these days are nervous of embarrassing online profiles on Facebook... I've blogged about this before (Take My Privacy, Please!), and mentioned that any company would be idiotic to implement such a "don't hire" policy.

Why? Any company that fires kids for acting like kids is a horrible place to work... and not only that, but they would be totally shooting themselves in the foot. Companies need these kid who are talented with social software, searching, and sharing... otherwise, they will suffer greatly in the upcoming global talent shortage.

60% of new jobs in the 21st century require skills that are currently possessed by 20% of the workforce

That quote is thanks to a YouTube video that Billy Cripe found about hiring trends.

Ever notice how difficult it is to find cheap, competent programmers in India these days? The good ones know their value, and are charging 60% - 80% of what their counterparts in California make. For those prices, you're better off outsourcing to Indiana or Idaho. If you must use global workers, check out Brazil, or Bulgaria... but their cheap rates will only last for a short period of time.

When even China is having labor shortages, something very disruptive is happening... If you want to stay ahead of the curve, embrace new ways to empower your talent, and for the love of god have a strategy to retain talent before its too late.