The United States government is not alone in experiencing human capital challenges. Other foreign governments have the same concerns. For example, according to the Advisory Committee on Senior Level Retention and Compensation Report, senior level federal Public Service employees in Canada face a human capital crisis as the demographics suggest that retirements alone will create a significant resource gap. By 2010, just over 80 percent of the federal executive community in Canada will be eligible to retire without actuarial reduction of their pension ( In a May 2002 presentation by Irene Lewis, CEO of SAIT Canada, at the Chamber of Commerce in Alberta, Canada, Lewis mentioned a study conducted by the Canadian Federation of Independent Business that found that labor shortages continue to plague small and medium-sized businesses throughout Canada—approximately 265,000 jobs are currently vacant in the small business sector, and roughly 185,000 of them have been open for at least four months. According to Lewis, the national population increase is the lowest five-year growth rate in Canada's history. And with an aging workforce, there will be critical human capital shortages in Canada. Other countries throughout the world are also experiencing a shortage of federal civil servants in their respective governments.

Addressing the Human Capital Crisis in the Federal Government. A Knowledge Management Perspective
Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective
ISBN: 0750677139
EAN: 2147483647
Year: 2003
Pages: 89
Authors: Jay Liebowitz © 2008-2017.
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