Just How Bad is the Damage from the Skills Gap, Globally?
The growing deficit of skilled labor needed to fill in-demand jobs is causing a drag on employers across the globe. A significant number of employers in the 10 largest world economies said that extended job vacancies have resulted in lower revenue and productivity and the inability to grow their businesses. Employers in China were the most likely to report having open positions they cannot fill and corresponding negative effects on their company performance. Russia houses the largest percentage of employers reporting a revenue shortfall tied to extended job vacancies while the U.S. is among those most likely to report a productivity loss. Japan ranked high among those who said the inability to find skilled talent has impeded expansion of their businesses.
read moreTalent Shortage, Motivation, Retention Are Top Challenges – Globally
Deloitte: Study Reveals Talent Squeeze is Globalizing; Shortage, Motivation, and Retention of Talent Emerge as Top HR Challenges. Employment security, retirement rank in top 3 personal concerns across all regions surveyed. Ability to afford retirement was top concern for U.S. respondents.
read moreBusiness Expansions Facing Global Talent Shortages
Bersin by Deloitte Predicts Global Talent Challenges in the Face of Business Expansion Will Drive HR, Talent and Learning Needs in 2013 — Bold, strategic, business-driven CHROs that focus on transforming their HR teams, technologies and skills will likely stand above their peers
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