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How Bad Is the Skills Shortage? 10 Data Points That Tell the Full Story

Vervoe

Researchers expect an 85 million person shortage by 2030 — equivalent to the current Turkish population. trillion loss in potential annual revenue in 2030. Countries facing the most significant threats include Japan, Indonesia, and Brazil, with an expected 18 million person shortage each by 2030, according to Korn Ferry.

Data 147
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The Future of Recruiting: Predictions for the Next Decade

4 Corner Resources Staffing Blog

Instead of just reporting to the C-suite, recruiting leaders will work hand in hand with company execs to make key business decisions, craft the employer brand and influence compensation packages, using their firsthand knowledge of what candidates want to drive the vision for the company’s future.

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On-demand pay: the pros and cons of earned wage access

Workable

By offering flexibility and control over earnings, on-demand pay is reshaping the employee compensation landscape. That same study finds 96% saying it helps with talent attraction, and 93% saying it helps with employee retention. billion by 2030. For instance, 96% of employers offering EWA also find that their employees like it.

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Employee Benefits: The Only Guide You Need

Achievers - Recruiting

Employee benefits are non-salary compensation and perks. They consist of government mandated and voluntary indirect and non-cash compensation. . These are benefits an employer voluntarily offers employees, and benefits programs are a top employee recruitment, retention, and engagement strategy. . What are employee benefits? .

Benefits 103
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5 Tips to Attract and Retain Gen Z Talent

Linkedin Talent Blog

By the year 2030, the number of Gen Z employees is expected to triple. Those two things mattered more than any signing bonus or compensation package. Studies show that effective onboarding can boost employee retention by as much as 82% and productivity by more than 70%. Do the company’s values reflect my own?

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How to Attract and Retain Young Talent: 5 Tactics from a Gen Z Recruiter

Linkedin Talent Blog

By the year 2030, the number of Gen Z employees is expected to triple. Those two things mattered more than any signing bonus or compensation package. Studies show that effective onboarding can boost employee retention by as much as 82% and productivity by more than 70%. Do the company’s values reflect my own?

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Post-COVID Hiring: Job Candidate Motivations

ExactHire Recruiting

About 10,000 Baby Boomers are turning 65 each day until 2030. There is no “one-size-fits-all” compensation package for employees. An organization must look into the mirror deeply and reflect on what remote and/or flex options they can offer employees at all levels that help with retention. Job Candidate Motivations.

Hiring 156