HUMAN CAPITAL Career Trends

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HumanCapital Career Trends

Human Capital C a r e e r T r e n d s

CHIEF OPERATING OFFICER Danilo Dias

MAGAZINE JOURNALIST & MARKETING DIRECTOR Elaine Dotto

BUSINESS DEVELOPMENT DIRECTOR Luiz Franca

Volume 1 No 01 Human Capital Magazine (Online ISSN 2771-9146 | Print ISSN 2771-9138) is an American national magazine focused on career trends, immigration, and society, published six times per year on a bi-monthly basis, except January/February. Founded in March. 2022, it is published by Hayman-Woodward Human Capital Services

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EDITOR IN CHIEF Ana Paula Montanha CEO Leonardo Freitas

Editor’s Note

Mrs. Montanha is a seasoned executive and entrepreneur with global human resources experience in recruitment. Mrs. Montanha’s industry and consulting experience enable her to assist companies seeking to drive significant change, ranging from turnarounds to high growth. She served as a strategy, finance, and executive for distinguished companies such as Shell, Vésper, Pamcary, Tandberg, DHR International, and Jobplex Inc. In early 2020 she Co-Founded HAYMAN-WOODWARD Human Capital Services, where she serves as Managing Partner. Mrs. Montanha holds a master’s in business administration from Stephen M. Ross School of Business, the business school of the University of Michigan, a graduate degree in marketing from Fundação Getúlio Vargas, and a bachelor’s in economics from Universidade Federal do Rio de Janeiro

Ana Paula Montanha Editor-in-Chief

A few weeks ago, a newly acquired friend questioned my attitude as she realized I was distant from my inner peace. She was right and I had to do something.

I took myself to rest peacefully for a couple of hours at the stunning Shenandoah National Park. Born right on the beautiful beaches of Rio de Janeiro, Brazil, I was what one could call a beach person. But, living in Great Falls, Virginia, and working in Washington, D C , offered me the opportunity to walk in such gorgeous forests that I realized I loved them too

In this intimate moment, I had a chance to review my career, evaluate where I stand, and plan my next steps, my future. I am in my late 40s, and after all this turbulence we lived in the past two years, it was a needed moment.

I made sure that I gave everything I had in this moment of truth I used the same tone I use with my best friends, all the patience, the calm voice, and I made sure my lonely inner one understood that I was an excellent company

Maybe you don’t need it yet, but it is a moment we all must go through occasionally, especially if you are a giver, devoted to others, full of empathy, loving, and caring. Doing so allowed me to reflect on my values, where I stand and finally have one of the most critical future conversations with myself.

Go where you are celebrated, not where you are tolerated

“

Go where you are celebrated, not where you are tolerated.

I know social media talks a lot about these things nowadays, being celebrated. Still, I don’t think companies even begin to grasp what it means for the known current and future talent war, as skilled labor shortage worsens in some professions. Honestly, I didn’t get it a few years ago, either.

Not every company will value you, and that’s ok, there are, and there will be plenty of opportunities for extraordinary executives, skilled professionals, talented entrepreneurs, and innovators

Throughout this magazine, this is our mission; you’re going to see tons of opportunities in different jobs and positions. We’re going to talk about the United States, Canada, the U.K., New Zealand, Australia, United Arab Emirates, and eventually about the world. We’re going to talk about positions that will be needed in the future, so you can plan, prepare, and enjoy it accordingly

An aging population has left 83% of businesses fighting to find workers with the right skills, a problem that is slated to worsen. We will discuss the requirements if you are a foreigner skilled professional, willing to work in another country that needs you.

Pandemic has created the travel nurses, and in an aging society, they will be even more in demand. There are also several new positions like mechanical power engineers that will be needed everywhere if we are to transition to

clean energy, to give you two very straightforward examples.

So, in my journey, I decided no more sparring partners for me, no more begging, no more validation needs. I’m looking for the ones who are the right fit for me, and I mean it. That’s not unkindness; that’s self-care.

You will have to trust your talents, but you also have to be willing to go the extra mile: if you are a foreign professional - most careers will require you to do license exams, to validate your credentials in other countries, you may have to study again for a few years and even get tested in a second language.

The value you bring to the table and what you can accomplish will be priceless to those who deserve you the companies - or maybe your new company, or even your start-up

There’s a war for people: a strong job market belies a shortage of skilled workers.

Many U.S. businesses are now facing a dilemma: attracting quality applicants invariably ranks as the top issue facing businesses, but a skilled professional shortage in some countries, with a lack of professional equivalence, and others with many to serve.

Company leaders are beginning to understand that talent is their most important natural resource, one that is scarce.

If this labor shortage continues, there will be rising wages, inflation, and supply chain issues in the short term, which can halt GDP growth, induce a recession, and cripple the future expansion of sectors dominated by blue-collar and manual workers.

In a talent war, companies will need to value you Most importantly, they will have to see your worth, retain you, recognize your contribution - and I am not speaking financially, only. The senior you’re more you care about how you feel about the company culture and your overall experience.

Suppose you are a talented, devoted, self-motivated, and hard-working executive, just like the best leaders out there. You are phenomenal and, most importantly, needed! And the right companies, well, they will be out there looking for people like you

Company leaders are beginning to understand that talent is their most important natural resource, one that is scarce.

Resource scarcity is defined as a situation where demand for a natural resource exceeds the supply –leading to a decline in available resources.

When companies can’t find the talents and skilled professionals they need, resource scarcity We are usually trained to think about non-renewable

resources, such as oil, precious metals, and helium, or maybe renewable resources, which are being consumed faster than their ability to replenish as water.

But somehow, we failed to recognize, earlier on, how important and scarce are the great leaders, the talented professionals, and the innovative entrepreneurs

The right opportunities are aligning in the U.S., in Canada, in New Zealand, in the U.K., and who knows where else in the world. You are part of a unique skilled, talented Global Mobile Workers workforce.

Scarcity is creating a new talent pool that allocates itself according to how it envisions the future: Global Mobile Workforce.

We created this magazine is to celebrate you. Our mission is to provide our readers meaningful evidence of positions, locations that need your talents so you can find where and how you can be successful and, most of all, happy.

Whenever you feel rejected, left out, or kicked out to the curb, say thank you and move forward to a place that celebrates you

Scarcity is creating a new talent pool that allocates itself according to how it envisions the future: a global and mobile workforce.

“ “

Ana Paula Montanha

Stem Immigration

Founder, Chairman, and CEO of Hayman-Woodward, Mr. Leonardo Freitas explains recent immigration trends and why 2022 may be the year for qualified professionals to relocate to the United States

Mr Freitas is our columnist on entrepreneurship, high-skilled workforce, global mobility, and related immigration issues.

Leonardo Freitas CEO

One of the significant concerns of CEOs and Entrepreneurs is the skilled labor shortage Four trends may worsen that scenario:

Global ageism, with projections of at least 300 million more people age 65 and older in 2030 than there were in 2014, according to McKinsey & Co. most recent report. There is a significant impact on organizational overall institutional knowledge, and the urgent need to eliminate age discrimination employment. It is a fact that many people will stay employed into their late 60s and 70s.

Fast-advancing technology, continued adoption of automation, robotics, and artificial intelligence to databased decisionmaking We will also observe a serious gap in laws to protect against cybersecurity attacks.

Need to continue to foster and develop nation’s entrepreneurs, which are responsible for at least 65% of workforce employment.

Address urgently infrastructure and energy needs, and rapidly rising health care costs

Forecasts that China’s nominal gross domestic product will overtake that of the U.S. in 2033 and impacts it may generates in our businesses.

There are several positions the world needs, and we are likely to compete for them in a global mobile workforce

Take, for example, the Travel Nurses that work in various estates, with compensation that is as double as local nurses receive Now imagine a total and complete mobile workforce and the impacts it may bring into our economies

Power plant engineers: China’s ongoing decarbonization efforts, the U.K. government pledged energy green by 2035, the U.S. efforts in the same direction, revitalizing the automotive industries in Michigan, to name a few big players. These renewable sources work much differently than fossil fuels, so manufacturing and even transport will need to be redesigned Therefore, the role of mechanical and automotive engineers and power plant engineers is as important as ever, and nations will race against each other to produce environmentally friendly energy.

Aerospace and aeronautical engineers: Aerospace and aeronautical engineers are invaluable in contemporary society. Their expert knowledge ensures the correct placement of satellites, safe passage of holiday-goers, and exploration into outer space

Healthcare: The health care jobs are growing most quickly, from personal care aides, nurse practitioners, and physician assistants, physiotherapists, dental surgeons.

To address future shortages, we need a robust immigration policy that not only favors skilled and talented labor but also retains them in our country in the long run

We need, for example, to capacitate our adjudicating officers to do their jobs in a timely manner, we need additional officers, and we need them urgently.

It is damaging to our nation to have a case waiting to be adjudicated for over 600 days and work authorizations taking over 15 months

If we are to compete globally, first and foremost, we need to do our homework and give talented and skilled immigrants the priority they deserve.

For employers who need to hire foreign national talents for STEM or other hard-to-fill positions, an important immigration deadline is around the corner. The electronic H-1B lottery application window starts on March 1

While the employment-based first preference visas are eligible to premium processing, EB-1(A) extraordinary ability, EB-1(B) outstanding researcher, and EB-1(C)

multinational manager, we need to extend premium processing at least to Employment-based second preference exceptional ability with national interest waiver(EB-2 NIW), members of professions with Advanced Degrees or Exceptional Ability, and in time to some EB-3 Skilled Workers.

Justifiable reasons are unlikely to change anytime soon: a declining birth rate in the American society, as parents delay babies to mid-30s, lower-skilled immigration levels to the U.S., higher mortality rates due to Covid pandemic, an aging population.

Canada, Japan, and Germany have already addressed these problems: while Canada significantly boosted its immigration population, projecting over 400k projected immigrants in 2022 I pledge to keep America competitive The United States will need to make investments in our workforce training and in all levels of education to meet the needs of our society.

STEM Employment Projected Growth - Science, Technology, Engineering and Math OccupationsTop

Next in Immigration

– Mr. Leonardo Freitas what are your thoughts and expectations on COMPETES Act of 2022 (H R 4521)?

In February, The House voted 222-210 to approve the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act of 2022.

The America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength (COMPETES) Act of 2022 (H.R. 4521), contains relevant first immigration reforms to be considered in regular order by this Congress; it includes three reforms:

1. 2. 3.

A new entrepreneur’s visa, An exemption for some skilled immigrants from numerical caps, and Temporary Protected Status for residents of Hong Kong.

Of particular relevance:

$52B for the CHIPS for America Act

The bill authorizes increased funding for the National Science Foundation and other research priorities, and aims to strengthen STEM education programs, boost American economic competitiveness, and enhance research security.

The bill includes some immigration provisions that would be helpful for international students and scholars, including an exemption from the current green card caps for Ph D holders with STEM degrees from U.S. or foreign institutions, including health professions and related fields.

From a business perspective, it is great news: allows the world’s top entrepreneurs to create new companies and jobs in the U.S. Currently, the US does not have a startup visa, which is offered by several other countries such as Canada and the U.K.

The first major provision of The America COMPETES Act would amend the Immigration and Nationality Act to create a new visa category focused on start-up companies. The “W” visa category would be composed of three classifications of foreign nationals: W-1, entrepreneurs with an ownership interest in a start-up; W-2, essential employees of a start-up; and W-3, W-1 and W-2 holders’ spouses and children Nonimmigrants on a W-1 visa would start with a three-year visa and could apply for an extension of up to another five years if they and their start-ups meet certain requirements and benchmark measurements Eventually, W-1 visa holders could apply for legal permanent resident status as immigrant entrepreneurs if their start-up proves successful. W-2 visas would be limited and allocated based on the size of the start-up and could be used for up to six years, assuming the nonimmigrant meets certain requirements

The second major provision would exempt certain foreign nationals (and their families) from the numerical limits on immigrant visas if they have a doctoral degree in science, technology, engineering, or mathematics (STEM) from a qualified U.S. institution or from a foreign institution with a STEM program equivalent to that of a U S institution

The third major provision focuses on the residents of Hong Kong. The bill would provide Temporary Protected Status and refugee status for qualifying Hong Kong residents for 18 months after the bill’s enactment, allowing them to live and work in the United States Also, the Department of State and Department of Homeland Security would provide a special immigrant status for up to 5,000 qualified high-skilled Hong Kong residents for up to five fiscal years

Leonardo Freitas

Aging Emerging Challenges

The labor shortage is a reality; we need to attract and retain healthcare providers to face these projections.

The rapid U S Aging Population presents an unprecedented set of challenges: labor-force shortages

The aging of America is leading into an unprecedented era.

For most of its history, America was a demographically youthful society As recently as 1950, there was more college-age youth aged 18 to 21 than elderly aged 65 and over But lower fertility and increased longevity have led to the rapid growth of the older population worldwide and in the United States.

Geographic Distribution

The proportion of older persons in the population varied considerably by state, with some states experiencing much greater growth in their older populations.

As the population of Northern America continues to age projections show that by 2050, 21 4 percent of the total population will be 65 and older

An aging scenario is coming. As America ages, the country needs to prepare for a severe worker shortage.

The next 10 years in global employment will bring dramatic technological change, expanding health care needs, unforeseeable energy demands, and other developments.

Number of Persons Age 65 and Older, 1900 - 2060

(number in millions)

U S Census Bureau, the National Center for Health Statistics, and the Bureau of Labor Statistics

In 2019, 51% of persons age 65 and older lived in nine states:

California (5.8 million)

Florida (4 5 million)

Texas (3 7 million)

New York (3.3 million)

Pennsylvania (2.4 million)

Ohio (2 million)

Michigan (1 8 million)

North Carolina (1 8 million)

Note: Increments in years are uneven Lighter bars (2040 and 2060) indicate projections

Source: U S Census Bureau, Population Estimates and Projections

Elderly (Age 65 & Over), as a Percent of the Population in 2020 and 2050

Source: UN Population Division (2019)

People are living longer and, in some parts of the world, healthier lives. This represents one of the crowning achievements of the last century but also a significant challenge. Longer lives must be planned for. Societal aging may affect economic growth and many other issues, including the sustainability of families, the ability of states and communities to provide resources for older citizens, and international relations.

The Global Burden of Disease, a study conducted by the World Health Organization and the World Bank, with partial support from the U.S. National Institute on Aging, signed by Paula J. Dobriansky, Ph.D. Under Secretary for Democracy and Global Affairs Department of State, Richard M. Suzman, Ph.D. Director, Behavioral and Social Research Program National Institute on Aging National Institutes of Health Richard J. Hodes, M.D. Director National Institute on Aging National Institutes of Health, predicts a very large increase in disability caused by increases in age-related chronic disease in all regions of the world.

In a few decades, the loss of health and life worldwide will be greater from non-communicable or chronic diseases (e.g., cardiovascular disease, dementia and Alzheimer’s disease, cancer, arthritis, and diabetes) than from infectious diseases, childhood diseases, and accidents.

There is a need to raise awareness about not only global aging issues to address the challenges and opportunities of an aging world. Preparing financially for longer lives and finding ways to reduce aging-related disability should become national and global priorities.

European Commission and the Economic Policy Committee submitted a report to European Finance Ministers with new economic and budgetary costs projections for European Union (EU) member states.

We need to plan and prepare for our own future, as society ages. Health care workers will be more demanded.

While Europe currently has four working-age people for every older citizen, it will have only two workers per more senior citizen by 2050 due to the baby boom generation retiring and life expectancy increasing.

Given current policies, the pension, health, and long-term care costs associated with an aging population will significantly improve public spending in most member states over the next half-century. Gross domestic product growth rates are projected to fall across the EU, and in the absence of policy changes, the potential EU economic growth rate will be cut in half by 2030.

Nursing Workforce Mobility in a Changing Global Landscape

The sustainability of a country's economic growth depends on the supply of its capital goods, labor force, technology, and human capital. In the same sense country's health rely mainly on the supply and mobility of its healthcare workers.

As the largest occupational group in health globally, the nursing workforce has been consistently identified as central to addressing global health challenges.

There are almost 28 million nursing personnel globally (World Health Organization, 2020), comprising the most significant proportion of the health workforce (59%), with nurses likely the first clinical contact for those presenting to health services and making up to 90% of patient/clinician contacts.

The nursing workforce is critical to the healthcare system's response to current and any future widespread health emergencies

It is estimated that the world will need an additional nine million nurses and midwives by 2030.

Given these projections, enhanced nurse mobility can be anticipated and expected.

According to The American Nurses Association (ANA), more registered nurse jobs will be available through 2022 than in any other profession in the United States.

The U.S. Government and the U.S. Bureau of Labor Statistics project that 11 million additional nurses are needed to avoid a further shortage

Nurses' employment opportunities are projected to grow at a faster rate (15%) than all other occupations from 2016 through 2026.

In February 2022, there were over 3 million open nursing jobs in the United States.

Short-staffed and COVID-battered, U.S. hospitals are hiring more foreign nurses.

“

Top Countries of Birth for Immigrant Registered Nurses

Source: 2018 American Community Survey, 1-year sample

And it is not only a U S problem In fact, the aging nursing workforce, and an aging population have become a global challenge and as a fix to this, but there also is a high demand for Internationally Educated Nurses (IENs) in developed countries like Canada, Australia, New Zealand, and the United Kingdom.

Occupation employment and wages, May 2020 - 29-1141 Registered Nurses

Top paying States for Registered Nurses:

THE ROLE OF IMMIGRANTS

Immigrants already make up a large share of active workers in many health occupations, from surgeons to home health aides. As the U.S. population continues to age and as healthcare demands increase, immigrants are expected to play an increasingly important role in the nation's health

Projected RN Shortages by State Registered Nurse shortages by State, projected 2030.

Most

California tops the list with an estimated 44,500 deficit in registered nurses, nearly three times the deficit in the next shortest state. Texas, New Jersey, and South Carolina will lack more than 10,000 RNs; Alaska, Georgia and South Dakota will each be short several thousand.

On the flip side, Florida will have far too many RNs, with a projected overage of 53,700 nurses. Ohio comes close with 49,100 more registered nurses than it will need. Virginia, New York, Missouri, and North Carolina are estimated to have more than 15,000 extra RNs

California and Florida are huge states with already high numbers of registered nurse positions. How does the shortage look when we take the size of the workforce into account? We ranked states based on the percentage of the registered nurse workforce that is projected to be vacant or overfilled.

Bureau of Health Workforce

Physiotherapists

Foreign - trained Physical Therapist career path in the U.S.

There is a shortage of physiotherapists, and demand is growing, especially in developed countries like the USA and UK. Although a growing demand for physiotherapy, it certainly worsened by Pandemic. We listed the main factors that indicates the developed countries, especially Europe, UK, New Zeeland, Canada, Australia, and the U S are increasingly concerned:

a post-Covid rehabilitation needs,

b Ageism, an aging population is more susceptible to chronic conditions, and the baby boomer generation is entering the prime age for strokes and heart attacks

c. The overall low population growth rate in these countries, with limited new entrants in the labor market,

d. Growing numbers of people with multiple long-term conditions,

e. An increased survival rates following stroke, trauma, and cancer,

f. Rehabilitation needs in some nations, injured and debilitated men and women that return from wars.

Physical therapy (PT) is a patientpreferred, non-pharmaceutical approach for addressing injury, chronic pain, or restricted mobility. As a less-invasive approach than surgery, PT can help patients rehabilitate and regain bodily function, manage pain, prevent injury, and improve mobility, flexibility, and balance.

Physical therapy is prescribed most often to patients with serious pain or mobility issues, ranging from athletes and individuals recovering from injuries to individuals with chronic conditions and developmental challenges.

Physical therapists (PTs) are statelicensed healthcare professionals. Physical therapist assistants (PTAs) are healthcare professionals who provide physical therapy services under the direction and supervision of a licensed physical therapist.

Physical Therapists

In the United States, our research shows that Washington, Wyoming, California, Nebraska, North Dakota, Nevada, Idaho, New Mexico, Delaware, and Minnesota, are considered promising locations, some even the top 10 locations for job opportunities and average annual salary.

There are about 15,600 job openings at this moment, and they are projected to grow 21% from 2020 to 2030.

Human Capital Award 2022

Rural areas of the United States tend to have a greater need for healthcare providers.

License and Accreditation

Physical therapists need a Doctor of Physical Therapy (DPT) degree from a program accredited by the Commission on Accreditation in Physical Therapy Education (CAPTE) DPT programs typically last three years

All U.S. States require physical therapists to be licensed, including passing the National Physical Therapy Examination administered by the Federation of State Boards of Physical Therapy. Other requirements vary by state. After gaining work experience, some physical therapists choose to become board-certified specialists. The American Board of Physical Therapy Specialties offers certification in physical therapy clinical specialty areas, such as orthopedics, sports, and geriatrics. Board specialist certification requires passing an exam and completing clinical work in the specialty area.

Obtain authorization to work in the U.S.

1. 2. Qualify for a PT license

A foreign-trained physical therapist will need two parallel steps: obtain authorization to work in the United States and qualify for a PT license. For the first step, I highly recommend you engage with our law firm, which is specialized in non-immigrant and immigrant visas (green cards), and they are best suited to explain that step.

For the second step - licensing - a foreign-trained physical therapist will need to prove that his (her) education is the equivalent of a DPT and pass the NPTE

So, you will need to qualify to work in the US as a healthcare worker. While you do that, I recommend doing steps a and b, which allow you to register for the NPTE, and the third step qualifies you to practice Physical Therapy in the US.

Shortages are unlikely to be met from domestic supply alone, but it does not make sense to give someone a work visa if they aren’t correctly credentialed. So, as part of the requirements, you will eventually need to show that you have valid credentials to work in the US as a PT

Foreign educated physical therapists credentialing agency, education credentials, coursework tools (CWT)

2

In order to become licensed as a physical therapist, a Foreign Ed cated physical therapist's education must be deemed lent to a first professional physical therapy degree in the States.

is no national licensure, and each state has its own set of nd requirements for licensure. A Foreign Educated cal therapist is responsible for coordinating a review of ucation credentials.

formation below may help you understand what is needed e an educational credentials review completed.

onally, some states may require verification of eligibility uthorization, fingerprinting, background checks, and U.S security number.

ntly, only two agencies, the Foreign Credentialing Commission on Physical Therapy (FCCPT) and the Commission on Graduates of Foreign Nursing Schools (CGFNS) are recognized by the United States Citizenship and Immigration Services (USCIS).

4

3

Pass the NPTE

Pass the TOEFL Exam Complete a period of boardapproved supervised practice.

Receive an authorization for the National Physical Therapy Exam (NPTE)

Receive verifi cation of substantial U.S. equivalency of professional degree

1

Complete Education Evaluation and Remediation (based on state requirements and the CWT)

Science, Technology, Engineering, and Math (STEM) Occupations

Falling behind

Expanding STEM opportunities is critical to bolstering America’s long-term competitiveness on the global stage Our nation’s future prosperity depends on excellence in science, technology, engineering, and mathematics. Investing in the capacity of regional, state, and local community-based and STEM-focused organizations that aspire to this goal is the foundation of a sustainable strategy to keep our country strong and competitive

In 2019, Chinese universities produced 49,498 PhDs in STEM fields, while U.S. universities produced 33,759.

Based on current enrollment patterns, the report projects that by 2025 China's yearly STEM Ph.D. graduates (77,179) will nearly double those in the United States (39,959)

The United States needs to act now, says Ana Paula Montanha, Managing Partner at Hayman-Woodward Human Capital Services. She highlights the needed steps:

Target talent recruitment immigration plan of STEM professionals.

Intensify and support excellence in basic research, Support high-quality pre-college science and math education

Forge closer ties between academia and industry, keeping borders open to promote international partnerships, and

Promote ethical research practices

The Unitade States trailed China in contributing to the growth in global research spending over the past 2 decades.

Based on K Franklin/Science; (Data) The State of U S Science and Engineering 2022/ National Science Foundation

Health care occupations have experienced rapid, sustained growth in recent years and are a driving force behind the STEM shortage.

The U S Bureau of Labor Statistics projects growth in nurse practitioners alone to reach 35 2 percent from 2014 to 2024.

Similarly, the number of physical therapists and physician’s assistants are projected to rise by over 30 percent each This may help to explain the expected shortage of almost 700,000 U S citizens in STEM healthcare occupations by 2024.

Some STEM occupations with projected surpluses, like sociologists and related workers, are expected to contract over the next decade

IF CURRENT TRENDS CONTINUE, IN 2024: THE U.S. WILL BE SHORT 1.1 MILLION STEM WORKERS OVERALL.

APPROXIMATELY ONE MILLION OF THE UNMET STEM WORKER DEMAND WILL BE FOR U.S. CITIZENS, AND

THE HEALTH CARE INDUSTRY IS AMONG THE FASTEST-GROWING IN THE ECONOMY AND LIKELY TO FACE THE GREATEST SHORTAGE OF STEM WORKERS, FOLLOWED BY THE INFORMATION TECHNOLOGY INDUSTRY.

Science, technology, engineering, and math (STEM) occupations include computer and mathematical, architecture and engineering, and life and physical science occupations, as well as managerial and postsecondary teaching occupations related to these functional areas and sales occupations requiring scientific or technical knowledge at the postsecondary level

To determine what, if any, STEM shortage likely exists we first need to identify which jobs qualify as STEM.

While there is no universally accepted definition, the Standard Occupation Classification (SOC) Policy Committee submitted a recommended list of 184 STEM occupations to the Office of Management in Budget (OMB) in 2010. These occupation codes match the codes used by the Bureau of Labor Statistics (BLS).

Talent from abroad

A majority of computer scientists and engineers with Ph D s working in the United States were born overseas

The UK is also experiencing a science, technology, engineering, and mathematics (STEM) skills shortage According to a study by the Engineering Design Show, more than 50% of engineering firms find it difficult to recruit and retain staff with the skills and knowledge necessary for the job. In response to this, the government is investing millions of pounds into STEM education. This means mechanical engineering will be more accessible for aspiring scientists from all

As of March 2021, the average salary for an entrylevel Mechanical Engineering role in the UK is £36,092, ranging between £25,429 and £43,111. With the investments in STEM education and the 10% rise in wages, there has never been a better time to embark on a mechanical engineering course.

(Graphic) K Franklin/Science; (Data) The State of U S Science and Engineering 2022/ National Science Foundation

Start-Ups: Create Your Roadmap To Success

Danilo Dias is a Global Chief Operating Officer at Hayman- Woodward and a Board member of some USA and Brazilian companies. He is a seasoned executive with more than 30 years in Consulting, Oil & Gas, Manufacture, Telecommunications, Retail, Technology, and green industries. He is MIT Sloan, author, and start-up mentor at Ross Business School, New York University, Michigan University, and Rice Business School

Danilo Dias

A good business roadmap should outline an entrepreneur's direction to achieve the business plan and successfully meet long-term strategic goals. It also assists established organizations of all sizes to scale and innovate We interviewed a start-up mentor, Danilo Dias, to understand key points and takeaways In his view, successful organizations, talented and successful entrepreneurs share some unique characteristics; for instance, he says they plan and seize opportunities uniquely. Their risk appetite and risk tolerance are naturally higher.

Mr. Dias shared a guide that offers, in his view, best practices to help entrepreneurs build their business roadmap, with universal elements that can be applied to any business

The United States is consistently being remembered as the country of opportunity, and the reality reinforces it. The USA saw more than 31 million small businesses and entrepreneurship surge during the pandemic. The numbers remain higher than years before, almost two times compared to 2017, jumping from 250,000 to more than 400,000 new businesses per year. The latest data from the US Census Bureau shows that applications for tax identification numbers increased 4 1% from December to January 2022

US entrepreneurship levels hovered at 550,000 in 2021.

There are three more entrepreneur immigrants than non-immigrant.

The top industries for new businesses included retail, professional services, construction, and logistics.

The first step on this path is the decision to become an entrepreneur. It is a standard path for young people, and it is why more than 300 colleges in the USA have degrees focused on entrepreneurship We have topnotch universities starting for founders: Stanford, Berkeley, Harvard, MIT, Pennsylvania, Michigan (#7), and New York (#21). Rice University hosts the largest start-up student competition in the USA. Past competitors have raised more than $3.57 billion in investment capital.

The top-ranked U.S. universities offer quality education that certainly has a lasting impact on one’s personal and professional life But the U S also benefits from its continuous power of attracting scientific research and technological leadership

These immigrants bolster our nation’s competitiveness and reaffirm our global leadership in areas as diverse as healthcare, innovation, and technology.

Ongoing legislation is expected to make it easier for startups and Ph D holders to gain residency in the United States

Immigration is a powerful source of innovation and competitive edge: more than 3 2 million immigrants developed their businesses in the USA in 2019 The ratio between non-immigration to immigrant entrepreneurship reached 3 to 1 recently

On March 9th, 2022, Canada's province Saskatchewan, a Canadian province that borders the United States, Montana, and North Dakota, launched a new immigration program to attract technology professionals called the Tech Talent Pathway. The Saskatchewan Immigrant Nominee Program (SINP) is Canada's latest effort to ease critical labor shortages in the technology sector.

This is just one example of a province and a country competing for high-skilled workers. Technology experts and high-skilled workers are examples of the fastest-growing entrepreneurs globally Some of them are experts in social media, Instagram, Snapchat, and TikTok, and are fully dedicated to growing clients' presence online on a job basis

– Mr. Danilo Dias, how should one start a business if this is the first entrepreneurial endeavor?

Prioritize what you love, but most importantly, what you are extraordinary at.

Building a business is a huge task that will require effective use of your time and energy in doing your best quality work with a high level of efficiency.

Knowing what you're good at is key to finding the best-fit business for you. When you've discovered your core strengths, it is easier to determine where your unique skills are needed and where you might thrive, especially in a foreign country.

The initial months are insane in workload, decisions, risk, to name a few It is much easier to handle the pressure successfully inflicted themselves when it is something they love Better if you hone your natural strengths or have a partner that can complement your strengths. Imagine working 10-12 hours a day, seven days a week Anyone who hasn't been a business owner may romanticize "being an entrepreneur." It's easy to picture glamorous CEOs who have it all together, a considerable team to assist you, and robust compensation packages. A business owner's start-up phase is all but simple, so prepare yourself mentally for that Doing what you love will make this task more manageable

Ask yourself:

How can I add value to potential clients?

What leverage can I bring to their business?

Starting the company in the right direction is crucial for long-term success.

Maybe a reality check to be considered in your immigration path You are bringing to the USA your competence, sometimes a life experience You should be in one area where you feel comfortable and are knowledgeable. Changing language, country, industry all - at the same time - adds too much risk with no clear benefit.

– Mr. Danilo Dias, what is your advice for those who have been entrepreneurs in their home countries before?

Ask for expert guidance. Don't just trust your instincts.

My last and most crucial guidance is to ask for expert guidance! The number of immigrants and new entrepreneurs that complain about not having the proper direction in the beginning is enormous.

Google, WhatsApp, friends, It is easy to get suggestions, but not expert advice an entrepreneur needs to succeed Even though you may have been successful in your home country before, remember that you are in a new country, a new culture that directly impacts the way we do business. On top of that, if you are in the United States, chances are you will be required to comply with different legislations, license requirements based on the estate you open your business. You need expert knowledge to avoid years of problems, thousands of dollars, and many bad nights. Invite your friends over for dinner, but rely on experts to help you succeed.

It will help you to:

Start in the right direction,

Avoid pitfalls,

Reduce the implementation time and cost,

Find potential investors, partners, and clients, and

Expedite your growth

DEFINE YOUR STRENGTHS

Reflect on your past accomplishments and feedback. Think about specific moments, influential conversations, people who praised your accomplishments, and even feedback your peers gave during conferences

Review your past work

Analyze your past projects. Step through the life-cycle of each one and identify which parts you looked forward to the most or what roles you assumed in a group dynamic. Those elements require skills that you likely already possess.

Take a professional assessment

You may benefit from taking a personality assessment. These tailored assessments use methods of psychology to identify your personality type: a collection of traits that may help indicate your potential strengths and weaknesses. Employers often administer these assessments during the interview or onboarding process to better learn how you might fit into their organization Tests such as the Myers-Briggs Type Indicator, the Enneagram Type, the Winslow Personality Profile can give you a foundational idea of the soft skills you possess.

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