Today’s employers must contend with a perfect storm of talent supply and demand challenges. Unemployment rates hover near historic lows. New technologies raise the demand for new skills. Many older workers are retiring, and companies face new competitors in the race to acquire talent while retaining the workers they have.
For employers, embracing practices to address those challenges is essential. To promote a better understanding of the issues, Allegis Group has released its latest Global Workforce Trends Report. The white paper draws on a broad array of industry data, extensive research, insight from workforce strategy experts, and findings from a survey of talent acquisition stakeholders around the world. The result is a practical view of the trends that influence every employer’s ability to acquire talent.
The report, available for free download, provides an overview of trends for select countries across North America, and regions representing Europe, the Middle East, and Africa (EMEA), and Asia-Pacific (APAC). In each region, the research covers macroeconomic issues, industry trends, and the demands for skills. The impact of these factors is explored, and insight is provided on best practices and strategic priorities that leading companies embrace to stay ahead.
“Together, individual relationships, empowerment for career development, and consistent communication all play a role in keeping great talent connected and engaged with their work,” says Rachel Russell, Global Head of Corporate Strategy at Allegis Group. “Through stronger employee relationships and reduced attrition, organizations can position themselves to gain an advantage at a time when critical talent is a main driver of business success.”
As the proverbial war for talent ensues, the push for business growth and the need for workers with critical skills will keep the pressure on companies to embrace creative solutions to meeting talent needs. Every aspect of talent acquisition and management will continue to be imperative. From employer brand to diversity and inclusion, sourcing and recruiting, employee experience, use of technology, and overall access and visibility to the workforce supply, the elements of talent success require an increasing level of expertise and specialized attention. The report outlines how talent solutions providers will continue to play a vital role in bringing expertise and attention to these areas as companies realize the strategic value that an innovative, dedicated partner can provide.
The leaders in a global environment of talent scarcity will be the employers that take on a strategic, global view of their talent needs and talent supply, across all skills types and flexible and permanent employment models. Those leaders will be the organizations that can strengthen their talent acquisition capability, and focus on retaining the critical talent currently in their workforce. These priorities will not only shape talent acquisition but also the health and success of the business itself.
Is your organization ready to gain a strategic perspective into the economic, demographic, and global employment trends infusing the supply of talent? Your free copy of Allegis Group’s Global Workforce Trends Report is ready for immediate download today.