Government procurement is bound to have an impact on everything we do, or aspire to do. These past few years have only fortified the significance of robust and flexible supply chains. That said, attracting the right talent and keeping them motivated is posed as one of the biggest challenges for all businesses in North America, from a small business owner to a multinational conglomerate. The pandemic drove a lot of Americans to retire early— over 3 million in the first 18 months of the pandemic, according to the Economic Research by Federal Bank of St. Louis. According to a Brookings Institution 16 / Canadian Government Executive // Spring 2023 WORKFORCE report in December 2022 referring to Bureau of Labor Statistics projections, “silver tsunami” is going to hit the infrastructure sector with 1.7 million workers expected to retire or leave their jobs every year between 2021 and 2031. Moreover, state and local governments are also facing talent crunch, with federal employment rising ever so slightly. Government agencies’ ongoing struggle to recruit new employees: Public sector has long struggled to compete with the private sector for top talent and to retain workers—a trend that has only intensified in the past few years. A new hire comes with additional expenditure and time investment. It can take up to six months or more for a government agency to break even on its investment in a new hire. There are various potentially high costs involved in recruiting, ranging from advertising the opening to the time cost of an internal recruiter and recruiter’s assistant in reviewing resumes, conducting the interviews, background checks, and other recruitment-related tasks. It takes almost 4 months (119 days) to hire in the public sector, according to research by NEOGOV. Moreover, these job vacancies are often opened up externally to provide an opportunity for everyone to compete for the job along with existing employees looking for growth in their role. So, it may end up being filled by existing employees in the organization through a lateral move or promotion. There is no way to know for sure, which can be frustrating for job seekers. Source-to-pay solutions can support these labor gaps and can be the key to government success: Technologies available today are able to automate most of the processes in any industry, both public and private. According to McKinsey, most organizations waste almost We are living in the time of smart cities, autonomous vehicles, algorithmic public policy, and government deployment of blockchain. THE LABOR SHORTAGE IN PUBLIC PROCUREMENT? How can technology help solve BY THIERRY JAFFRY
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