Take the case of Britain’s shock vote to leave the European Union, which is arguably the biggest demonstration of the free-trade backlash. It has also fueled commitments from both U.S. presidential candidates to either tighten borders or reject new pacts.
Europe provides Britain with more professional migrants than any other region, according a new analysis by LinkedIn of its 450 million members. What’s more, the professional social network discovered that European migrants are better educated than their British peers.
LinkedIn found that 40% of members who had move to the UK over the past three years came from elsewhere in Europe, while 17% came from North America and 14% came from Asia.
More than 60% of members who moved to the UK from the EU had a masters or doctoral degree, compared with 34% of UK members.
“Our findings are clear: UK companies need to prepare themselves for a more difficult talent market, and may want to start looking at how they can develop more talent at home, or cast the net further,” LinkedIn UK Country Manager Josh Graff said.
“The USA and Australia already account for over a fifth of professional migration to the UK, so they are a good place to start.’’
LinkedIn’s figures show that concerns about labor shortages post-Brexit extend to white-collar roles. The majority of European migrants to the UK are currently employed in lower-paid jobs, and there are fears of a labor shortage should they be forced to return home.
Similarly, anti-immigration rhetoric in the US voiced by Republican presidential nominee Donald Trump is threatening to push up wages, should immigration from Mexico be curbed as he has promised.
The need for immigration reform has been cited as a major policy shortfall by American CEOs, including JPMorgan Chase’s Jamie Dimon, who supports allowing undocumented migrants to stay in the country legally. The issue was also mentioned as a key area of concern by some of the 50 CEOs recently polled by the American University.
“Immigration reform, from the ways we attract and retain good talent, to the systems and processes for streamlining the legal immigration process, need massive modernization and reform,” said Sid Banerjee, CEO of customer service technology company Clarabridge.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
