Attracting and retaining talent is harder today than perhaps at any time in modern history. The combination of the ongoing labor shortage, growing skills gaps and shifts in workers’ expectations are making it more difficult to acquire and retain talent with the right skills.
Today, economic uncertainties are forcing organizations to meet these hiring and retention demands, while also looking for ways to control costs.
To overcome these challenges, it is crucial to rethink your talent strategy. To help you with this process, we’ve created a list of 11 things you can do today to overcome the current labor shortage. For example:
- investing in employee training
- developing competitive compensation packages
- redeploying talent
- implementing HR technology
