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Bayer Facts of Science Education XVI:U.S. STEM Workforce Shortage – Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Dr. Mae C. Jemison
Bayer-Change the Equation STEM Salon
Tuesday, October 22, 2013
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVISurvey Respondents
47%52%
1%
Gender
Male FemaleDeclined
FEMALE MALE 11-20
>20
1%
20%
41%
25%
12%
1%
Respondents' Age
Under 2525 to 3435 to 4445 to 5455 to 6465+
Average respondents’ age is 43 years.
(35-44)
(45-54)
(25-34)(55-64)
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVISurvey Respondents
1%
11%22%
46%
19%
1%
Years as Recruiter
< 1 2 to 5 6 to 10 11 to 20 20 + Declined
Average years as re-cruiter is 14.
11-20
6-10
2-5 11-20
>20
Primary Recruitment Focus
18
6
76
STEM OnlyNon-STEM OnlyBoth STEM & Non-STEM
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIIndustry Overview
Industry Classification
Manufacturing (Net) 37%
Business and Professional Services (Net) 21%
Transportation, Communications, Utilities (Net) 16%
Finance, Insurance, Real Estate (Net) 13%
Retail Trade (Net) 7%
Wholesale Trade (Net) 4%
Mining (Net) 2%
STEM Classification
STEM Company 40%
Non-STEM Company 60%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVICreation of New Jobs
STEM Companies 87%Manufacturing 86%Non-STEM 53%
Today: More New STEM Jobs Created than Non-STEM
Yes
No
Don’t know
Prefer not to say4%
28%
67%
1%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
STEM Companies 85%Manufacturing 84%Non-STEM 68%
7%
17%
75%1%
Bayer Facts of Science Education XVICreation of New Jobs
Future: More STEM Jobs Created than Non-STEM
Yes
No
Don’t know
Prefer not to say
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
89%
9%Yes
No
Don’t Know43%
45%
12%
Bayer Facts of Science Education XVIHiring STEM Professionals
Base: Total respondents who see 2-year STEM degree holders (n=118)
Base: Total respondents (n=150)
STEM Companies 97%Manufacturing 95%
Is Competition Fierce For STEM Degree Holders?
Four-Year STEM Degree Two-Year STEM Degree
2%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVI Hiring STEM Professionals
Programs Offered to Find Qualified STEM Job CandidatesYes, Offer
4-Year Colleges or Universities 2-Year College/Technical School
Offer any programs (Net) 99% 53%
Internships 95% 29%
Recruitment programs 91% 37%
Summer employment or job programs 81% 32%
Partnerships and/or co-op programs 71% 28%
Scholarships 45% 10%
Manufacturing 89% Manufacturing 80%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIHiring STEM Professionals
Current Demand for STEM Degree Holders for Non-STEM Jobs
Base: Total respondents who see 2-year STEM degree holders (n=124)
Two-Year STEM DegreeBase: Total respondents (n=150)
Four-Year STEM Degree
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIHiring STEM Professionals
1%
5%
4%
21%
69%
Prefer not to say
Don't know
Less in demand than newhires without STEM degrees
As in demand as new hireswithout STEM degrees
More in demand than newhires without STEM degrees
Demand for STEM Degree Holders for Non-STEM Jobs in Next 10 Years
Base: Total respondents (n=150)Base: Total respondents who see 2-year STEM degree holders (n=129)
Two-Year STEM Degree Four-Year STEM Degree
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
67%
59%
39%
33%
16% 15%13%
11% 11% 10%
58%
39%
29% 29%
10% 11%
15%
10% 9%6%
African-American
Males
African-AmericanFemales
Hispanicor Latino
Males
Hispanicor LatinaFemales
AmericanIndianMales
AmericanIndian
Females
CaucasianMales
CaucasianFemales
AsianMales
AsianFemales
Bayer Facts of Science Education XVIHiring STEM Professionals
Base: Total respondents who see 2-year STEM degree holders (n=99)
2-year STEM degree
Base: Total respondents (n=150)
4-year STEM degree
Percent Recruiters Seeing Adequate Number of Qualified Candidates by Race/Ethnicity and Gender
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
55%29%
Yes
No
Don’t Know50%47%
Base: Total respondents (n=150)Base: Total respondents who see 2-year STEM degree holders (n=101)
Finding Qualified Candidates in Timely Manner
Two-Year STEM Degree Four-Year STEM Degree
Bayer Facts of Science Education XVIHiring STEM Professionals
Manufacturing 55%
3%
16%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIThe Pipeline
Is Difficult Recruitment Due to Shortage of Qualified Candidates with STEM Skills?
90%
10%Yes
No
Don’t Know
94%
Base: Total respondents who cannot find an adequate number of qualified job candidates (n=71)
Base: Total respondents who see 2-year STEM degree holders and cannot find an adequate
number of qualified job candidates (n=29)
Two-Year STEM Degree Four-Year STEM Degree
2%4%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIThe Pipeline
Does Current Workforce Shortage = Open, Unfilled STEM Jobs?
48%
Yes
No
Don’t Know
68%
Base: Total respondents who cannot find an adequate number of qualified job candidates (n=71)
Base: Total respondents who see 2-year STEM degree holders and cannot find an adequate
number of qualified job candidates (n=29)
Two-Year STEM Degree Four-Year STEM Degree
4%
28%
48%
4%
Manufacturing 71%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIThe Pipeline
Is a Shortage of Qualified Candidates Expected in Next 10 Years?
32%
Yes
No
Don’t Know
68%
Base: Total respondents (n=150)Base: Total respondents who see 2-year STEM degree holders (n=113)
Two-Year STEM Degree Four-Year STEM Degree
21%
43%
25%
11%
STEM Co. 78%Services 77%Manufacturing 75%Non-STEM Co. 61%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIThe Pipeline
Yes No Don’t know Not applicable
STEM Co. 58%Services 58%Manufacturing 55%Non-STEM Co. 38%
Services 53%
Results of Unfilled STEM Jobs
Lower productivity
Lower revenue
Limits to business growth
Increased recruitment of job candidates from other countries
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVI
Manufacturing Industry Talent Recruiters are more likely than their counterparts in other industries to report:
Competition is fierce for four-year STEM graduates with engineering degrees 79%
Difficulty finding qualified four-year STEM degree job candidates in a timely manner 55%
More new STEM jobs than new non-STEM jobs being created at their companies today 86%
10 years from now, more new STEM jobs than new non-STEM jobs will be created at their companies 84%
A shortage of qualified four-year STEM degree job candidates in the next 10 years 75%
They offer four-year STEM students summer employment/jobs programs 89%
They offer four-year STEM students partnership/co-op programs 80%
Increased recruitment of employees from overseas due to STEM job vacancies at their companies 55%
That community colleges are an essential but often overlooked component of the U.S. STEM education system
84%
A Strong Manufacturing Industry Voice Emerges
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVI Hiring STEM Professionals
Programs Offered to Find Qualified STEM Job CandidatesYes, Offer
4-Year Colleges or Universities 2-Year College/Technical School
Offer any programs (Net) 99% 53%
Internships 95% 29%
Recruitment programs 91% 37%
Summer employment or job programs 81% 32%
Partnerships and/or co-op programs 71% 28%
Scholarships 45% 10%
Manufacturing 89% Manufacturing 80%
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Bayer-CTEq STEM Salon, October 22, 2013 Bayer Facts of Science Education XVI: U.S. STEM Workforce Shortage — Myth or Reality? Fortune 1000 Talent Recruiters on the Debate
Bayer Facts of Science Education XVIFundamental
CRISIS
Shortage of STEM Talent
Reality or Myth?
For more information on the Bayer Facts of Science Education XVI, please visitwww.bayerus.com/msms