Life has been a roller coaster ride for Employers over the last few years; we have all been forced to look long and hard at how to deal with fluctuations in the size and composition of the workforce. And there is a growing awareness that the problem is not going to disappear: the Bureau of Labor Statistics stated by 2008, the American job growth is projected to be 14% but the projected workforce growth is only 12%, equating to a shortfall of 7 million employees.

Employment trends are cyclical. Every 10 years we go through a period of major layoffs. The current economic downturn, for example, has spurred much discussion about the impact of a generational mix on the success of an organization: loss of in-depth, historical knowledge has a significant impact on succession planning and management. As this information becomes more widely published, companies are beginning to understand the value of workforce life cycle planning and management. The subject of shortages in the workforce has been widely studied and is well understood throughout Canada, as well as the Asia Pacific countries, and is regarded as a mounting crisis. Attracting the right candidates, retaining the best employees, and assembling and tracking a reserve talent pool© of retirees, contractors, and seasonal workers, will be critical to continued success through volatile economic times. Companies and non-profit organizations are becoming inundated with information and recommendations to look closely at their talent mix, and seek alternative workforce suppliers to meet the pending crisis.

The WorkForce OS™ "difference" is the design of the user interface, the technology that supports it, and the price point that we can offer the application. After all, a system is only as good as the data that is input, and an application that is too complex or too expensive, will not work in business. We believe these are the critical elements of workforce planning and management success, and success is what makes the difference.

Sincerely,

Susan A. Magrino
President & CEO