We’re living in a highly competitive and uncertain talent market
Despite fears of an economic slowdown, unemployment remains steady at 3.5% and it’s getting harder to attract and engage the right candidates.
In this candidate-led environment, traditional methods of sourcing talent aren’t working anymore. As competition for talent grows, organisations are pursuing new and innovative strategies to stand apart from the crowd.
Executives are under more pressure due to a number of factors, including talent supply shortages, rising salaries and growing demands for flexible work arrangements, as well as macroeconomic shifts that require a more dynamic approach to talent management.
The accelerating pace of change in the economy demands that companies become more agile and identify the right mix of employees and contingent workers to respond quickly to market conditions. Adapting to change requires a holistic ‘total workforce’ view of employees and their skills so companies can make better decisions about their most important asset – their people.
We recently assembled a panel of thought leaders to address the issues and discuss the solution.
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