The new collar of industry is green
The industrials sector will be among the most exciting and innovative as global green business transformations accelerate. As investment in green tech expands around the world, the race to find the skilled talent needed to sustain green innovation is heating up. Competition between industries and the reality of an ageing workforce will necessitate an ongoing focus on employer value propositions to recruit and retain top talent.
Green help wanted: The competition for green talent in the industrials sector has already begun. Today, 74% of industrials sector employers globally say they are currently or planning to actively recruit for green jobs or skills.1
A greener factory floor: Industrials sector employers are the most interested in recruiting for green roles or skills within skilled technical functions such as Manufacturing & Production (44%), Engineering (37%), Operations & Logistics (30%), Sales & Marketing (22%), and IT & Data (22%).1
A green gold rush: Increased urgency to fight climate change has spurred unprecedented government incentives. The 2022 US Inflation Reduction Act included $370 billion2 and the European Green Deal added €225 billion ($245 billion)3 in green incentives. Globally, green investment grew to a record $1.1 trillion in 2022 and equalled the fossil fuels total for the first time.4
1. ManpowerGroup Employment Outlook Survey 2023, 2. World Economic Forum, 3. Reuters, 4. Bloomberg
Competition will heat up as a majority of hiring managers in similar sectors such as Energy & Utilities (81%) and Transport, Logistics & Automotive (73%) say they are also actively recruiting for green jobs1
Skilled technical talent scarcity will increase the importance of scaling upskilling and reskilling efforts
Strategic workforce planning including thorough location strategy analysis will be key to ensure new green facilities or existing facility expansions have an adequate supply of local skilled talent.
74% ARE ACTIVELY RECRUITING OR PLANNING TO RECRUIT GREEN JOBS
