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A sound recruitment and retention plan can mitigate the issues and challenges that might have negative implications to the organization. A division (sectors) of the aerospace and defense industry provides the HRM with insight to the number of who, what, and where human capital is required.
According to the Aerospace and Defense Industry survey results for 2005, the industry believes that there is a 66% current labor shortage, 87.6% believe that the industry will suffer a labor shortage over the next five-years, and 93.7% of the industry perceive a labor shortage within ten-years. In addition, the aerospace and defense industry disciplines, which are perceived to be in the greatest shortage over the next five-years includes aero/mechanical engineers (29...
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