In Western and Central Europe there is a lack of workforce. This current situation comes from the evolution of European demographic tendencies in the 20th century and it is going to become worse.  The key market of this region, Germany, will miss up to 3 million of skilled workers (technical, medical, research) in about 10 years. Approximately every six from ten companies in Germany consider the lack of qualified employees the biggest challenge for their business. Neighbouring countries like Poland, Belgium or the Czech Republic have a similar problem due to their very strong EU integration. The Czech Republic has the highest percentage of unfilled jobs in the entire EU (followed by Belgium). The low rates of unemployment and growing average wages go hand in hand with it. The situation is then more acute in some industries such as services, the building sector, IT or the automotive and in some regions such as Prague or central and western Bohemia.

What to do?

To tackle this issue SME employers that want to succeed must be very active in their human resources management, being nowadays one of the most important areas on management There are short-term and long-term paths that can also be taken simultaneously. Attractive remuneration, new, progressive benefits, interesting job functions, a good work environment and an excellent team management to have satisfied employees, can be seen as the quick, short-term solution. The quick option is also to hire employees from abroad.  Some SMEs have up to 1/3 of their staff from abroad. They must then handle all what it requires: making sure accommodation is possible, finding integration programmes, language training etc. They should consider playing an active role in the society and politics – influencing the immigration issue.

The longer-term strategies have to do mainly with two areas: training and education and digitalization and automation. Investing in training and education is important in order to keep your current employees fit for their posts and avoid having to hire new ones. Companies usually have programmes for current employees, those returning from a longer-period leaves (parental) or for re-training in case of substantial job changes. However the rather new initiatives (inspired by German systems) focus on close cooperation with schools offering vocational training. Some companies in West Bohemia are already a good example of this practice. Another option is cooperating with technical universities (e.g. in Prague), which helps companies to have access to not only highly but also practically educated professionals such as designers and engineers.

adminex can help you in this area, with framing interesting jobs to attract the best candidates, finding the right remuneration packages (benefits) and achieving an excellent human resources management.