Talent crunch hit new heights globally in the last decade!
News by Editorial Team 23 Jan 2020
According to a survey report released by ManpowerGroup dated 17, January 2020 the global talent shortages have doubled up in the past decade. The report discovered that about 54% of the international businesses reported severe skill shortages and extreme difficulty in attracting talent in 2019 as compared to 2018. The report also found out about Gen Z’s preference for money and career development; women gave double the importance of salary as skills development while men treated skill development on par with money. As Jonas Prising, Chairman & CEO ManpowerGroup said in the release, “Creating shareholder value can only be done in conjunction with taking care of employees, customers, and communities, so listening to the voice of the consumer is key."