take on talent scarcity.
No matter where your business operates, it’s likely harder than ever to find and hire the skilled people your business needs to thrive thanks to rapid workforce transformation. The post-COVID business environment has brought an unprecedented talent demand-supply gap that requires strategic management. The rise in vacancies and the Great Resignation are placing pressure on wages and benefits more than ever. And, according to McKinsey, 44% of organizations are expecting a skills gap in the next 5 years.
Human capital leaders know it’s time to develop new strategies for finding and retaining high-demand skills. These include technological and digital skills such as data analytics, AI, cloud computing and robotics, not to mention recruiters. You can’t let talent scarcity put your organization’s recovery and growth at risk, both short- and long-term.
How can you build the ultimate future-proof workforce? Is your strategy providing a sustainable and resilient talent acquisition model? Explore the resources below for actionable data, critical questions and additional resources that can help you take talent scarcity head-on.
workforce agility.
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redefine how work gets done
77% of global talent and procurement leaders say their talent strategies are more focused on workforce agility than ever before. Here’s how you can shift to a total talent mindset to consider all talent working in all modes of employment.
resources.
- article: creating total workforce agility
- article: in times of uncertainty, Philips speeds up workforce innovation
- case study: transform hiring, gain talent insights and drive cost savings
- video: driving business performance at Whirlpool with a holistic workforce strategy
- video: driving total talent transformation
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upskilling is your biggest opportunity
According to McKinsey, 87% of executives said their organizations are currently experiencing skill gaps or expect them to emerge within a few years. Untapping the potential of your existing talent is critical to business growth.
resources.
- article: organizations must improve skilling
- article: usher in a new age of human potential by reskilling talent
- webinar: upskilling and reskilling | talent navigator webinar
- article: upskilling in a hurry
- article: reskilling solutions need more than tech
- solution: BrightFit — a compass for careers and the skills that power them
- datasheet: Randstad RiseSmart skilling powered by Bright Fit
- report: skilling today report 2021 by Randstad RiseSmart
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build a sustainable workforce by repurposing talent
According to the Harvard Business Review, 60% of a company’s future roles can be filled by current employees, assuming that adequate programs are in place. Here are some resources to help you stay focused on long term stability, not just short term wins.
resources.
- article: 5 benefits for prioritizing internal talent mobility
- article: upskilling in a hurry
- article: futureproof your workforce with a reskilling strategy
- on-demand webinar: upskilling & reskilling | talent navigator series
- article: reskilling and talent fluidity are critical to business success
- article: [Fast Company] reskilling workers now more urgent than ever
- article: making work meaningful with Laila Verhoeff
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explore all talent possibilities
According to our 2021 Talent Trends research, 50% of permanent employees are working remotely post-pandemic, nearly twice as many as prior (26%), and 44% of contingent talent are working remotely post-pandemic, compared to 28% prior. How can you use borderless and remote working arrangements to widen your talent pool and access the best talent, wherever they’re located?
resources.
- article: creating total workforce agility
- article: businesses believe employees more productive working from home
- article: leading remotely in times of uncertainty
- article: recruiting in a post-Brexit world
- article: 4 talent trends life sciences companies need to address right now
- case study: sourcing contingent talent delivers cost savings and reduces time to fill
- video: 2021 top talent trends
- video: use data to improve talent program performance
- video: how COVID 19 has created new ways of working
- video: 3 ways work from home arrangements change the talent supply chain
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transform your workforce
72% of global talent and procurement leaders believe that AI will open up new opportunities for talent, but 52% believe that jobs will be lost from broad adoption. Have you considered how technology and automation can alleviate talent shortages that are plaguing your organization?
resources.
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get ahead of the pack
1 in 5 of global talent and procurement leaders have started investing in talent analytics as a direct result of the pandemic. Check out the resources below for tips on building an integrated talent technology and data ecosystem that delivers the insights you need to stay ahead in today’s fast-changing business environments.
resources.
- article: using data to shape post-COVID hiring
- case study: how BASF uses talent data to meet diversity & inclusion goals
- video: use data to improve talent program performance
- on-demand webinar: build a data-driven contingent talent strategy
3 questions you should ask.
attract & retain the right people.
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become a talent magnet
75% of candidates say they check out a company’s online presence before applying to the offer, and 69% report they would reject a job offer based on the company’s bad reputation, even when unemployed. How are you elevating your employer brand to stand out and create talent stickiness?
resources.
- article: managing your employer brand during a crisis
- case study: attracting top talent with a new recruitment strategy and improved employer brand
- white paper: Predictive Hire's candidate experience playbook
- on-demand webinar: building long-term business impact through employer branding
- article: 4 reasons better branding attracts top talent
- article: TechTarget: social media recruitment and the human glitch
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reimagine your employee value proposition
According to Monster, 95% of workers are considering changing jobs in today’s market. How does your company ensure it creates meaning and purpose for talent in a transformed world of work?
resources.
- article: transform contingent labor hiring with direct sourcing and branded talent pools
- case study: mobile video leader increases direct applications
- case study: volume hiring supports grocery service launch during the height of COVID-19
- video: 3 do’s and don’ts of marketing to contingent talent
- article: data shows how coronavirus has influenced employer branding
- solutions: talent marketing & employer branding
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increase workforce creativity and productivity through diversity
68% of global human capital leaders say they already have a diversity and inclusion strategy in place, and 27% say they are planning on developing one. Explore the resources below to learn how you can use data to understand how effective your initiatives are, how technology can help you reduce bias, and how you can create more equitable sourcing, screening and onboarding practices.
resources.
- white paper: foster diversity & inclusion in times of crisis
- case study: drive gender diversity hiring while shifting to virtual recruitment
- on-demand webinar:diversity & inclusion at work: it’s what talent expects
- podcast: inclusive leadership during times of crisis
- interview: supporting the needs of people with disabilities at work
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stand out with a consumer-like talent experience
78% of job candidates say the overall candidate experience they get is an indicator of how a company values its people. What are you doing to connect with and engage all your talent — permanent and contingent alike — with a seamless tech and touch recruitment experience?
resources.
- on-demand webinar: how UCB drives workforce agility and elevates talent experience
- case study: direct sourcing and talent marketing deliver rapid access to contingent talent
- case study: high-volume hiring without sacrificing talent quality
- on-demand webinar:employer branding during a crisis | talent continuity learning series
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make every moment count
63% of global human capital leaders believe the talent experience is now more important in a post-outbreak environment. Explore the resources below to learn how you can redesign your onboarding experience, build meaningful relationships with contingent talent and help your workforce feel valued.
resources.
3 questions you should ask.
ready to take on today’s talent shortages?