The latest from the front lines of the war for talent: GM is doing more than ever to become a workplace of choice.
The increasingly fierce war for talent showed no signs of quieting in 2017. In fact, GM hiring statistics suggest that the battle doesn’t end even when a candidate accepts a position: global attrition is projected to be more than 20,000 salaried employees over the next five years. Nationwide, 66 percent of millennials said in 2016 that they expected to leave their organizations by 2020. As GM continues to build leadership in autonomous and electrification technologies, we are also competing for talent—not just with automakers and manufacturing companies—but also with Silicon Valley.
GM is determined to become a workplace of choice for many of these job seekers. In 2017, we streamlined our careers website and ramped up our social media recruiting efforts. We intensified our focus on hiring from within, launching the Finding Your Next Great GM Job training program to 250 participants.
Colleges and universities remain an important source of talented recruits. To build connections with students, we sponsor and partner with numerous universities across the country. As an example, GM helped fund a new engineering and design lab space at Georgia Institute of Technology, where students focus on connected cars and technology innovation. At Howard University, we sponsored the HUHACKS Hackathon, where teams of students were given 24 hours to implement a creative business idea. We also organized the sixth annual GM and Wayne State University Supply Chain Case competition, during which students from 20 U.S. and international institutions competed to address global purchasing and logistics issues related to the Chevrolet Bolt EV.