The War on Talent in Aerospace: Strategies for Attracting and Retaining a Skilled Workforce

The War on Talent in Aerospace: Strategies for Attracting and Retaining a Skilled Workforce Main Photo

22 Jul 2024


News

In the aerospace and defense (A&D) sector, we are witnessing a transformative period marked by increased federal funding and the emergence of new markets. This evolution has ignited fierce competition among companies to attract and retain the skilled workforce necessary to sustain growth and innovation. There’s a war on talent in our industry, and navigating this landscape requires a strategic and multifaceted approach.

The Current Landscape
The resurgence in demand within the A&D industry is unmistakable. Commercial aviation has not only returned to pre-pandemic levels but has also surpassed them. Simultaneously, the defense sector is channeling substantial investments into modernizing military systems and addressing new geopolitical challenges. This surge in activity has intensified the competition for skilled labor, making it imperative for companies to adapt their strategies swiftly.

Read the full article from Area Development here.

More Topics

Mitigating Site Risks for Industrial Projects Photo

Mitigating Site Risks for Industrial Projects

Jul 22 2024
With the many decisions that confront site selection teams, worries about hidden or subsurface threats can be easy to ignore. But teams that fail to include comprehensive site testing can end up with millions of dollars in expenses to mitigate unforeseen conditions. In worst-case situations, projects may be deemed unviable...Continue Reading
Site Logo

Site Selectors Guild is pleased to announce the launch of REDI Sites Program

Jul 18 2024
Applications are now open for the REDI Sites Program.What is the REDI Sites Program?REDI Sites is the first-ever national standard in site readiness, with a rigorous assessment and designation process and a site database that showcases commercial and industrial sites across the country. In addition to helping corporations find the...Continue Reading
What the Latest Tech Hubs Funding Means for Site Selection Executives Photo

What the Latest Tech Hubs Funding Means for Site Selection Executives

Jul 12 2024
The Surprising Diversity of Tech Hub LocationsOne of the most surprising aspects of the Biden-Harris administration’s announcement of $504 million in funding for its Tech Hubs is the geographical diversity of the 12 selected hubs. Unlike previous federal initiatives that often concentrate resources in established tech centers, this funding round...Continue Reading