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Shortage of skilled workers-
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Dear Madam or Sir,  | Editorial | 
It’s interesting that global economic development is dominated by two phenomena for which economists on this planet currently do not have enough answers at hand, namely inflation (see upgrade Sep 22) and the shortage of skilled workers, which, according to Corona, is turning the labour market upside down in virtually all industrialised countries of the world and forcing everyone to rethink. In its latest statement, the IMF admits quite bluntly that it is simply not clear why the labour market is no longer functioning as it used to. What is clear is that it no longer works! In fact, the "war of talents" has been constantly announced for 20 years, but until now companies have been able to live quite well with more or less ignoring it. When an ad was posted in a newspaper on a job portal, there were always enough applicants to pick a favourite. Suddenly, no one comes forward and the best ideas of the brightest minds are waiting to be realised because there is no one to implement them.
In this newsletter, we will not only touch on the reasons for this phenomenon, but we will show you practical tools on how to stay ahead in the existential battle for labour.
Dr Frederik Lehner
Managing Director| Interconnection Consulting | | 10 Recruiting-Tips: How to find employees even in rough times | If you like to keep your eye on the big horizon, then it's nice to say: "If you can't find new employees, you don't have a recruiting problem, you have a corporate culture problem." There is certainly some truth to this and it does result in colossal consulting and change projects. But since the challenge is usually how to get the employees I need in a few weeks, we have summarised seven tips that can be implemented relatively quickly. 
| | Jobpromoter-Score - Small tool with a big effect | Qualified employees are fiercely contested today - a fact that most employers have become painfully aware of at the latest since the emergence of the pandemic. The change in the talent market from an employer market to an applicant market is due to various factors. But whichever way you look at it, this change is here to stay. More and more - especially, but not only - young job seekers prefer flexible working hours, home office and overall shorter working weeks, while also accepting pay cuts in favour of more free time. The shortage of skilled workers, which has been going on for months, naturally plays into the hands of these demands. A circumstance that poses great challenges to the business community today. 
Number of the Month
2,0 is the ratio of unemployed to vacancies. In 2022, there will be two jobseekers for every vacancy. In 2018, this value was still 4.4. It is thus becoming less and less possible to fill vacancies. Source: Trend Study Labour Market Austria | IC October 2022
| | Interview with Nikolai Dürhammer (Managing Director, StepStone Austria) on the occasion of the Recruiting Excellence Congress on 17th November 2022 in Vienna | @ Nina Serfözö / Interconnection Consulting | October 2022 IC: Mr Dürhammer, Universum, a member of the StepStone Group, published its annual Employer Branding Now 2022 study in July. It predicts that the upheaval in the talent market will have a fundamental impact on the labour market. Which upheavals will be the most incisive? The labour market will change fundamentally in the coming years and decades. We are already in an applicant market - it is no longer the companies alone that dictate the conditions. The needs of employees are increasingly gaining weight. Why is that? The labour force is shrinking. Now you could say, never mind, digitalisation and automation will solve the problem, but I think that's an old wives' tale. We need people in the labour market. The EB-Now study by Universum confirms that companies' HR departments are already realising that the employer brand has become more important - in Austria, 91% of HR experts are convinced that it will be difficult to attract the workers they need if they are not perceived as an attractive employer.
 | Art Tip: Roland Ladwig - Plein Air 13.10.2022 until 04.11.2022 in Galerie Lehner | Roland Ladwig
Ladwig was born in Wedel near Hamburg in 1935. He studied from 1957 to 1961 at the universities and academies in Hamburg, Berlin, Stuttgart and at the summer academy with Prof. Oskar Kokoschka in Salzburg. The artist lived and worked in Berlin and Provence and died in Berlin in 2014. His works have been shown in 150 solo exhibitions in Europe and overseas, such as in Amsterdam, Berlin, Cologne, Vienna, Paris, Washington and in the most renowned galleries in France and Germany, such as the Galerie Pels-Leusden in Berlin and the Galerie Bernheim-Jeune in Paris. In addition, many of his works can be found in numerous public and important private collections in Europe and overseas, such as the Leopold Collection in Vienna. Plein Air
With the beginning of 2022, the Lehner Gallery has taken over the exclusive administration of the estate of Roland Ladwig's artistic oeuvre. In order to bring the incomparable significance of the works closer to the general public, a representative cross-section will be presented at a special show at the Fair For Art 2022 and at a parallel exhibition at the Lehner Gallery. The spiritual home of his artistic concern is the Expressionism of Classical Modernism. The eruptive power and immediacy of his painterly presentation would hardly have lent itself to adaptation to contemporary fashions. The dynamic ductus of his painterly writing is too insistent, too spontaneous, too passionate to be disciplined by a rationally controlled formal superstructure; on the other hand, his eye is too sharp-sighted, the topographical writing and formal determination of his artistic communication too surgically precise to be satisfied with his painterly concern in the arbitrariness of a more non-objective pictorial language. 
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