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

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

Name der Präsentation • Page 2

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)



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



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%



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%



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



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%



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%




Current Demand for STEM Degree Holders for Non-STEM Jobs


Two-Year STEM DegreeBase: Total respondents (n=150)

Four-Year STEM Degree




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



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



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



55%29%

Yes

No

Don’t Know50%47%


Finding Qualified Candidates in Timely Manner



Manufacturing 55%

3%

16%



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)


2%4%




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)


4%

28%

48%

4%

Manufacturing 71%




Is a Shortage of Qualified Candidates Expected in Next 10 Years?

32%

Yes

No

Don’t Know

68%



21%

43%

25%

11%

STEM Co. 78%Services 77%Manufacturing 75%Non-STEM Co. 61%




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



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



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%



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

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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