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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.

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How Wayfair Uses People Analytics to Improve DEI

Visier - Talent Acquisition

E-commerce has grown into a multi-billion dollar industry with the home category alone expected to exceed $1 trillion by 2030 across North America and Western Europe. recruiting, performance reviews, compensation), and help leaders and managers steward an inclusive culture that fosters a sense of belonging and retains their people. “We

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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. . Benefits also act as employee engagement tools and support a positive corporate culture. Having a culture of recognition is crucial to developing an engaged workforce.

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How Are Business Leaders Improving Diversity in Industrial Manufacturing?

Slayton Search Partners

In doing so, they’re quickly discovering that improving diversity in industrial manufacturing first requires understanding the current state of diversity in the sector. Combined with the effects of the coronavirus, the shortage of skilled talent in the industry is clear. A lack of diversity amplifies this pain point.

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Small Business Hiring Tips and Trends to Be Aware Of

4 Corner Resources Staffing Blog

It can be hard to set yourself apart from other small businesses in your area or attract top talent over industry giants. Heavier focus on recruiting candidates based on culture fit For small businesses especially, company culture is incredibly important. Unfortunately, assessing a candidate’s culture fit isn’t an exact science.

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An Optimistic Outlook for Employers in 2023

Recruiting Daily Advisor

The global talent pool is increasingly more accessible and eager than it’s ever been before, and despite some of the more ominous assertions making headlines today, they want to be compensated fairly, in terms of both pay and benefits, and they want to learn and grow. from 2023 to 2030.

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Technical Recruitment: A Guide to Hiring Tech Talent in 2024

Hundred5

The tech industry is constantly evolving, and as a result, so are the skills required to excel in it. Even more shocking — Korn Ferry predicts that by 2030, more than 85 million jobs might go unfilled because there aren’t enough skilled people to take them. In 2024, technical hiring is about more than just finding someone who can code.