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

Vervoe

The global talent shortage is at a 16-year-high, and it’s not slowing down. Researchers expect an 85 million person shortage by 2030 — equivalent to the current Turkish population. trillion loss in potential annual revenue in 2030. trillion loss in potential annual revenue in 2030. What’s causing this shortage?

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How to share positive corporate culture with candidates

Stories Incorporated

To say that creating a healthy corporate culture is important is a major understatement. Recent research published in an article by MIT, Toxic Culture Is Driving the Great Resignation *, used data to prove what we already know: toxic corporate culture is by far the strongest predictor of industry-adjusted attrition.

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The Race to Remain Relevant in a Rapidly Changing Workplace

The Perfect Hire

With so much at stake, organizations need to find more effective ways to identify and solve skill gaps while providing more defined career paths. Enhance Employee Engagement and Retention. In fact, companies that excel at internal mobility retain employees for an average of 5.4 million new jobs by 2030. Now is the Time.

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6 Reasons Why Job Simulations Are the Best Way To Identify Top Talent

Vervoe

trillion talent shortage, with more than 85 million jobs predicted to be unfilled by 2030. trillion talent shortage by 2030. After all, hiring managers are hard at work sifting through resumes or using resume-parsing software to search for keywords. According to Korn Ferry , we’re heading towards an $8.5

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2024 Insurance Industry Outlook: Strategizing for the Shifting Future

Slayton Search Partners

For others, developing more attractive products—leveraging personalization in the process—will be key to strengthening customer acquisition and retention. At the same time, insurers can strategically adjust rates for high-risk policies to ensure adequate financial protection.

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2 Companies That Are Getting Internal Mobility Right

Linkedin Talent Blog

The more things change (we’re looking at you, AI ), the more they stay the same, particularly for companies that want to keep top talent. We heard this sentiment echoed across panels at Talent Connect 2023 — and for good reason. At a time when skills are changing quickly, this matters more than ever.

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How to Recruit Gen Z: Understanding Their Values and Aspirations

4 Corner Resources Staffing Blog

By the year 2030, Generation Z (or Gen Z, for short) will make up about 30% of the U.S. This is an increase from Millennials and Gen X-ers, whose college enrollment numbers at the same age were 52% and 43%, respectively. Maintain communication at all stages of hiring. Use social media to spark inspiration.

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