aerospace job trends: what to look out for in 2024.

Navigating aerospace job trends for 2024 presents a dual challenge for business leaders. The first is integrating ever-more sophisticated software into research, development and production. The second is finding highly-skilled professionals who can rise to this technological challenge.

Global air passenger traffic is fast approaching its pre-pandemic heights in North America. This region witnessed a 6.2 percent surge in revenue passenger kilometers in October 2023 compared to the same period in 2019.

This resurgence is fueling a heightened demand for aircraft and related products. The worldwide aerospace industry is currently valued at $278 billion, with projections indicating a climb to $358 billion by 2027.

In this dynamic industry, where digital innovation is increasingly pivotal, which aerospace jobs will rise to the fore in 2024? And what can you do to attract and retain the top-tier talent you need to compete?

transformative aerospace tech

First, let’s look at some of the rapidly evolving technologies within the sector.

autonomous flight systems

With an eye on the future, investors are betting on the success of pilotless aircraft.

digital twin technology

Creating virtual replicas of physical aerospace systems enables real-time monitoring, simulation and predictive maintenance.

robotics

Increasingly popular, robots can be used for tasks like runway inspections, aircraft maintenance and flight testing on new prototypes.

ai (artificial intelligence)

AI's utility spans a broad spectrum, proving indispensable in data analytics, enhancing customer service experiences and elevating the efficacy of flight simulation training.

quantum computing

Outstripping traditional computing capabilities, quantum computers could prove revolutionary, offering game-changing advances in aircraft design, navigation and security.

5 best practices for attracting and retaining top talent

A comprehensive recruiting strategy and access to specialized talent services are crucial for recruiting and nurturing the talent you need. Here are five strategies to attract skilled candidates:

1. expand your search beyond aerospace

Prioritize skills (both soft and technical) over direct industry experience. This approach not only broadens your talent pool but also promotes diversity in your workforce.

2. offer access to state-of-the-art technology

Prospective candidates are often drawn to opportunities where they can work with cutting-edge tools and engage in innovative projects.

3. offer generous compensation

A lucrative salary is just the starting point. Benefits such as comprehensive healthcare, robust retirement plans and stock options can be key factors for talent in this sector.

4. talk up your company culture

A strong diversity, equity and inclusion policy resonates especially with younger generations who value inclusive and welcoming work environments. Also, emphasize aspects like work/life balance, employee wellness programs and opportunities for professional growth, which can make the difference between a good workplace and a great one.

5. engage specialist consultants

Consider the strategic use of IT consultants who bring specialized knowledge and skills. This can be a cost-effective solution compared to the expense of a full-time hire, offering targeted expertise where it's needed most.