Strategies for managing employee shortages

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How do you attract recruit and retain top talent?

What is it about your business culture or reputation that should attract more job applications? How do you engage with your employees and fulfil their career progression aspirations? How well do you communicate with your existing employees and with those whom you wish to attract to your business? What opportunities are there for your employees to learn and develop their skills whilst improving your business development?

How are you handling your talent shortage?

Have you overlooked the potential of your existing employees to fill your own skills gaps? Could you adjust your job descriptions to attract people who have the potential to grow into roll you need to fill? What could your business do in the short-term to manage what may be a short-term problem?

If you are not filling up your boat fast enough, what are you doing stop it leaking!

Many businesses under value the talent they have in their business already. The cost of replacing existing talent can include a higher salary to attract staff who leave, lost business waiting to fill job vacancies and the dissatisfaction of the employees left within the business.

  • Do you know if you have a problem of staff retention? There is a tendency for business leaders to blame the people who have left the business when the problem is how business leaders manage staff retention.
  • Do you know if you’re wages and benefits are competitive in the marketplace? A leaky boat could become a sunk boat! You may need to adjust your business priorities to prevent future issues becoming catastrophic.
  • Could better use of existing staff not only improve the business, but boost the confidence and loyalty of existing staff to stay with the business for the long haul.
  • What other changes apart from P can your business make to encourage existing staff to stay and attract talent? many people know value flexible working opportunities over higher pay and that may keep your existing staff or attract new employees.

The fuller engagement of employees in the journey of the business can pay dividends in terms of staff retention and avoidance of service quality issues.

Upskilling your workforce is essential for retaining and attracting new talent.

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You may need to change your approach if resourcing is causing business development problems. The cause of your skills gap maybe your own doing or maybe a marketplace issue. Either way your skills gap will need to be addressed if it is to stop impeding your business progress. What is your plan to fill your skills gap?

Strategies for managing employee shortages

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  • What careers are related to risk management – if you can manage business risks you can manage a business generally or specialise in specific areas of risk management.
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  • Is risk management a good career – uncertainties in business have never been greater and expertise in managing business or enterprise risks has never been greater.
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Introducing the BusinessRiskTV Business Risk Club

BusinessRiskTV business risk management active members club enables members to contribute to BusinessRiskTV for free. Active members around the world contribute articles and videos to help grow their business faster with less uncertainty to help inform readers business risk management decision making.

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If you want an innovative flexible way to grow your business faster and build business resilience join and contribute to BusinessRiskTV Club today.

Members of the BusinessRiskTV business risk management club collaborate to reduce corporate threats and increase business growth opportunities through

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Build a more successful and sustainable business more easily with BusinessRiskTV.

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Join the BusinessRiskTV Business Risk Club and receive FREE business risk alerts bulletins and latest business risk news to stay ahead of your competition.

The Club is free to join. Then you choose whether you want to contribute to BusinessRiskTV to promote your own business and inform online readers. You pay an annual membership fee to regularly contribute to BusinessRiskTV and promote your business interests cost effectively.

Key benefits of BusinessRiskTV Risk Club and reasons to join and contribute today

  1. Free to join. There is no cost to join the club. Once you join you also have the option of contributing to BusinessRiskTV to better market promote and advertise your business. In addition you will have increased access to discussions workshops and executive training to better protect your business. You are in control of what to do next after you join the club for free.
  2. Free business intelligence to inform your decision making to build your business resilience. Club members receive free news alerts and bulletins. Our risk watch service scans the horizon for emerging risks and analyses business risk trends. You can attend online discussions workshops and executive training sessions.
  3. Safe and secure. All payments are made through Paypal an independent third party online payment service which stops us receiving full details of your banking or payment details so you are protected by Paypals security systems.
  4. Build your online profile and connections to grow your business faster. BusinessRiskTV has an impressive online profile to connect you with local and global business risk management experts and new sales for your business.
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BusinessRiskTV has already built up an impressive bank of like minded business leaders and business risk management consultants for club meMbers to tap into for business tips advice and support.

The BusinessRiskTV Club is carefully expanding its reach to help business leaders to better protect and grow their own businesses and careers.

BusinessRiskTV Club is NOT just a talking shop. It is a business growth hub to practically accelerate members revenue streams. It is business accelerator where everyone has the same interest in seeing the businesses build resilience regardless of economic environment.

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Read Keith Lewis Testimonials as to the quality of his work. This gives some background as to the quality of the business risk management business intelligence being gathered and distributed.

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In addition to controlling your own business risks better you are in total control of how you use BusinessRiskTV and how much you want to contribute to it to increase your own business growth.

You are always in control of your subscription to BusinessRiskTV club. You can choose to remain on the free membership and still receive free business intelligence and risk knowledge. Or you can regularly contribute to the content and thus increase your own business profile and business growth.

We are in it for the long term and look forward to working with members for sustainable mutual benefit. If you want to stop your membership you can at any time. We are looking forward to you working with us to help your business grow faster.

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One of the great strengths of the BusinessRiskTV business risk management club is that members do not need to know how to market their business online. You can simply email us the message you want to promote and we can connect you with more new potential customers or other business leaders.

You can read business risk management articles or watch videos for free including business risk management expert opinions and analysis to inform your own business decision making process.

After you join the club you can just use it as a simple way to be kept up to date on emerging and developing corporate risks impacting on your business objectives.

Sit back and receive email alerts to important business risk intelligence to develop your risk management knowledge. Alter your business risk management plan accordingly based on expert risk analysis. Alerts bulletins and news have the potential to build your business resilience and business growth.

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BusinessRiskTV Club could be very profitable for your business if you contribute to the content and connect to your business. There are no guarantees of returns but membership of the club expands your options for greater business success and business resilience. There will be failures. That is the nature of business marketing and development. However you will get access to innovative flexible ways to grow and protect your business better. We will minimise the cost of uncertainty impacting on your business objectives over time. At the same time we will increase the chances of become a market leader in your industry and country.

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  • Is BusinessRiskTV Club free to join and how does BusinessRiskTV make money? It is free to join now to receive free alerts bulletins and business risk news. If you want to contribute to BusinessRiskTV by becoming a Member you pay an annual fee. BusinessRiskTV also accepts donations to support free independent business risk management news broadcasting and business risk management research. In addition businesses pay us one off fees to promote market and advertise their business products and services.
  • Am I tied into the BusinessRiskTV Club? It is free to join club. If you want to contribute to BusinessRiskTV there is a membership fee. You are free to leave the club at anytime. You will not be entitled to a refund of the annual membership fee but will not be tied to renew your membership.
  • How long does membership last? 12 months renewable annually.
  • I do not know anything about online business marketing and development? That is one of the great strengths about being in the Business Risk Management Club. You simply join now and then we will email you to find out what you need to do to grow your business faster. We will then go away and start your marketing and promotion campaign. We will design post and update your contributions to promote your business. Our team of enterprise risk experts and business risk advisers to help protect and grow your business faster.
  • How fast will my business grow? It is impossible to say. It depends on how well we can work together to get the most from your existing business development tools and initiatives. The potential is there for massive gains but the value of your membership fee could be worthless if we fail to work well together. That is why our members should always diversify our marketing options to maximise the likelihood of increasing sales. We will guide you on the diversification options based on our discussions on what you offer and when. You are not putting all your business development eggs in one basket but the affordable membership fee expands the likelihood of your business growing faster.
  • How often can my business contribute to BusinessRiskTV? Contribution levels is based on hours it takes to produce and publish each contribution. You will be buying 56 hours of work to produce and publish your contributions each year.
  • Does my business need to contribute regularly to BusinessRiskTV? No. The more you contribute the more you promote your own business interests and increase the chances of faster business growth.
  • My business marketplace is not in UK so can I still join and contribute to BusinessRiskTV? YES! The Club is open to any business selling legal and morally acceptable products and services. Legal is legal but morally acceptable comes down to our own opinion as to what is morally acceptable. Areas include Europe USA Canada Latin America Australia and Asia Pacific.
  • Is paying my membership fee safe? Yes. Your membership fee will be paid via Paypal a global independent payment provider who have their own safe and secure payment systems. We will never see your full payment details as these are retained by Paypal who will transfer your membership fee to our Paypal account.
  • What is the annual membership fee? This will vary depending on how many members we have. As the number of members increase so will the annual membership fee so get in quick to keep your membership fee low!
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Riding best waves require you to be just in front. Being behind the wave means you miss out. Being ahead of wave risks your assets being wiped out! Getting timing just right requires training tips and advice.

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Explore the digital world more today. Stay informed about digital technology world. Do not just learn about technology. Use it in practical way to grow your business.

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Financial Services Jobs At Risk Of Automation

The Bigger Risk To Financial Services Jobs Is Automation Or Robots Not Brexit

Ignore the threat to financial services industry jobs of Brexit. You should be much more worried about the threat of robots. Job automation is the biggest finance sector threat and opportunity.

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Job Automation Risk To Your Financial Sector Job

No doubt. Financial services industry is very important to the UK economy. If financial services jobs were lost other sectors would be affected. Fewer services jobs needed to service those in financial services jobs!

Many jobs in financial services are high paid jobs. Top British bankers are paid much more than elsewhere. Resistance to moving to Germany is as much about personal reasons. The UK economy may or may not suffer after Brexit. Bankers will suffer.

However people in financial services are facing automation existential threat. Never mind moving to Germany your job is going full stop!

FinTech company jobs will be prevalent. Bankers less so. Most financial services jobs can be done faster cheaper better. Robots will be

  • less emotional
  • more reliable and
  • after a few years significantly cheaper

How long do you think the C Suite will keep your job. If job automation is better for bonuses your job is toast!

Existing financial services jobs are like UK miners jobs. The buildings will remain but the people in them will be different. Cyber security and fintech risk managers will be plentiful.

  • Banks insurers and funds will need cyber experts. They will stop external and internal threats to money.
  • Fintech risk managers will direct risk appetite and risk tolerance
  • C suite virtual bankers insurers fund managers will be wealthier
  • Wealthier investors but more at risk of systemic industry collapse
  • Software developers will frequent the bars and restaurants. Existing financial services people will be there waiting on tables!

Most existing financial services jobs will be lost to job automation. Do not doubt this for a second!

However it is not all doom and gloom. The key to survive is to move into the new financial services sector jobs. Some new financial services jobs do not exist right now! You must change your skills set to take advantage and survive.

Its not just the top bankers that need worry. Indeed they are the ones most likely to easily morph. Financial services jobs most at risk

  • Mortgage advice
  • Financial and investment advice
  • Insurance advice
  • Any financial services sector job your current phone app replaces!

Consumers have a choice to use financial services apps and websites. In future the consumer will have no choice. Financial services consumers will not speak to people. People will be gone replaced by job automation. The robots will have taken over the financial services world!

There is no point in complaining. No point arguing with us. Better spending your time reskilling instead. Stop worrying about Brexit. Start retraining to overcome threat of job automation. Learn tech skills not German!

BusinessRiskTV Financial Services Jobs At Risk Of Automation

How To Attract Develop and Retain Employees

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A growing skills gap in the UK Australia and USA will hold back organisations who are not more innovative and creative with their recruitment process. It is one of the biggest threats to corporate objectives this year.

Retaining increasingly expensive employees is also key to improve business model sustainability.Its more profitable to keep talented high performers. They have the skills and knowledge to help you grow faster and replacing them will impact on your profit and make it less likely you will achieve your business objectives.

So you’ve got talented staff but how do you turn them into high performers

Attracting and retaining the best employees can be supported by selling and delivering better employee engagement strategy. Engage your employees more to help you achieve your business objectives with more certainty.

Recruitment strategies to attract and retain talent in UK

How do you attract the right employees to help you improve your business performance? Many employees are looking for an opportunity to help your business grow faster. To retain such employees you need to develop them to help develop your business.

We can work with you to turn new recruit enthusiasm into improved results working together with more established employees who know your business processes and objectives well.

There is enormous costs associated with recruiting employees. What a waste to let this talent pass leave quickly through high turnover of staff. Work harder at retaining staff and not only will you boost your business performance, but you will reduce your recruitment costs, as people will stick with you, not leave to join your competitor.

Get help from BusinessRiskTV to help you attract and retain the best people in the UK. Increase your chances of business success by developing your existing business leaders to implement a new improved business strategy.

High employee turnover costs you time, money and your personal productivity.   Top talent is hard to attract and even harder to keep. Adopt new more creative ways to source, select and retain talented employees.

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Many great companies work with BusinessRiskTV to find solutions to their business problems. One problem for employers is the growing skills gap. Many businesses do not have enough of the right skilled workforce to do what they need to do.

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Develop the career you want not the one you have fallen into

Ever feel trapped in your job? Want to feel more wanted? If you have the aptitude and a good work ethic there are many unfilled job vacancies in the UK.

However great opportunities rarely simply fall into your lap. You have to graft at career development to speed up the process and become a success.

Developing your career faster means you will get more money as a by product of your success, so its not being greedy wanting more money. It is part and parcel of being more successful in your career development.

In the UK we tend to be a bit more reserved. Talking about wanting a better paid job and career progression may be frowned upon You’re too big for your own boots but it is okay to moan about being skint. Not having enough money to do the things you want in life can normally only be solved by looking for a better job unless you win the lottery!

If you want a better job you’re going to have to work hard at finding a better job. BusinessRiskTV can assist though you will still need to put in the time but if you do then you will get a better job. It is the law of supply and demand. If you have the talent then you’re dream job is out there so get grafting now!

However better paying jobs aren’t always better jobs. Sometimes better paying jobs are the jobs most people don’t want to do and thats why you get premium pay level. Make sure you know what’s out there and then work hard at putting yourself in the best position to secure your dream job.

BusinessRiskTV How To Get A Better Job In UK

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Many jobs in the UK go unfilled due to a skills shortage. There is a widening skills crisis across the UK.

Some jobs are more in demand than others. Many businesses need people to fill their skills gap to grow faster to meet demand for their products and services.   The skills gap is holding many firms back. It is impacting on the UK’s ability to be competitive in the global marketplace. UK productivity is threatened by skills gap.

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City and Guilds Survey reported in June 2018 that 9 out 10 UK employers are struggling to fill skills gap. It is the biggest threat to businesses in UK. The problem is getting worse not better.

Hire quicker cheaper now

The UK is struggling to provide the right quantity and quality of labour skills to satisfy the market. Don’t let your business get held back due to the cost of recruitment or the lack of suitable candidates.

The annual 2016 Confederation of British Industry CBI survey July has found that 69 percent of employers surveyed were concerned about not being able to find enough highly-skilled staff. The problem is worse in 2016 than it was in 2015.

Whilst it is crucially important for business leaders to invest in staff for a sustainable business model it is also important to use recruitment tools which will find the best job candidates quickly and as cheaply as possible.

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