CEO Monthly Issue 2 2019

16 CEO MONTHLY / ISSUE 2 2019 , - 91%of employers nationwide plan to increase or maintain headcount as a result of automation - Organizations that are investing in digital and shifting tasks to robots are creating the most jobs - Upskilling is on the rise, 76%of companies plan to upskill their workforce by 2020, up from28% in 2011 Record Number of U.S. Employers Plan to Upskill their Workforce as Automation Creates New Jobs Robot workers replacing human jobs – the debate of the decade. In reality, robots require human skills. ManpowerGroup’s (NYSE: MAN) report Humans Wanted: Robots Need You found that 91% of U.S. employers plan to increase or maintain headcount as a result of automation for the third consecutive year. Just 4% predicted job losses due to automation, according to the more than 1,500 U.S. employers ManpowerGroup surveyed on the impact of automation on job growth in the next two years. Companies that are digitizing are growing, and that growth is producing more and new kinds of jobs. Organizations that are already automating tasks and progressing their digital transformation are most confident of increasing headcount - 34% of U.S. employers that have started their digital transformation are expecting to create more jobs in the next two years. The U.S. is facing low unemployment, acute talent shortages and increasing talent demand as new skills appear as fast as others disappear, prompting companies to build talent like never before. Seventy- six percent of employers plan to upskill their workforce by 2020, compared with 28% in 2011 and a 21% increase from last year. “Today marks 100 months of consecutive jobs gains in the U.S. and despite the humans versus robots debate, employers are telling us they intend to add to their workforce as they digitize and require uniquely human skills to complement the machines,” said Becky Frankiewicz, President of ManpowerGroup North America. “Organizations automating at a faster pace plan to create the most jobs, yet skilled talent is in short supply across the country. We need to move past our fear of tech eliminating jobs and take action to reskill the workforce to ensure no one is left behind. From digital manufacturing to IT, we’re working with companies to develop targeted training programs to upskill people at speed and at scale. This is how organizations will stay competitive and people will remain relevant in the digital age.” The Humans Wanted report found that demand for IT skills is growing significantly and with speed; 16% of companies expect to increase headcount in IT, double those expecting a decrease. Production and manufacturing employers anticipate the most churn as new skills are created while others become outdated leading to a net headcount increase of 7% [19% say they will employ more people in the next year, while 12% say they will employ less]. Job growth will come in frontline and customer-facing engineering and management roles – all of which require human skills such as communication, negotiation leadership, management and adaptability. Humans Wanted: Robots Need You provides practical recommendations and best practice examples from around the world to help organizations upskill their people and become more agile with the right combination of building, buying, borrowing and bridging talent.