Labor
L
AGNETISM
How mining companies can close the talent gap
By Stefan Weisenberger
For mining companies , the talent squeeze is real . And according to McKinsey , it ’ s not likely to loosen anytime soon .
In a recent report from the global consulting firm based on a survey of mining industry senior leaders , 71 percent indicated the talent shortage is hampering their companies ’ ability to meet production targets and strategic objectives . A larger share , 86 percent , said it ’ s harder to recruit and retain the talent they need compared to two years ago . What ’ s more , McKinsey said : “ We expect this trend to continue .”
Not only is building and managing human capital among the most formidable challenges the mining industry faces , but it is also intertwined with other pressing issues , including meeting ESG and sustainability requirements and goals , and remedying reputational blemishes resulting from safety-related incidents , for example .
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