ManpowerGroup’s Q4 2021 Employment Outlook Survey reveals that hiring intentions have returned to pre-pandemic levels. Though organisations are aggressively pursuing growth opportunities during the tightest labour market in 80 years, 69% of employers globally say they are having difficulty filling roles due to a lack of skilled talent.
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As we enter 2022, maintaining employee engagement will be pivotal to achieving business success. The global talent shortage remains a key concern for organisations across the globe, with a recent Deloitte survey finding that CFOs cite labour shortages as the greatest risk to their business moving forward.
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Employers in the UK have ambitious plans to increase their headcount at a record rate as they enter the fourth and final quarter of 2021, according to the latest ManpowerGroup Employment Outlook Survey. However, the UK is also suffering from a serious skills shortage as employers look to fill roles from a shrinking candidate pool.
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In this episode we talk about the 2021 Total Workforce Index™ (TWI). What is it and what does it measure? And how can using it help organisations navigate change? Tune in to learn more about location strategy, balancing remote and onsite workers, restructuring decisions and meeting diversity and inclusion goals.
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As we look ahead to the new year, organisations in the UK are preparing for another quarter of record high hiring intentions. Despite employment outlook across the UK hitting a thirty-year high, employers are struggling to fill their vacancies, with talent shortages remaining the main challenge for organisations.
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2021 was the year of the “Great Resignation” with employees quitting their jobs at record rates. Labour shortages became widespread and employers scrambled to fill vacancies from a talent pool that is both smaller and more selective than prior to the pandemic. Looking ahead to 2022, we’re facing another quarter of record-high hiring intentions for the UK.
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With Covid once again forcing many organisations to back-pedal on their return to the office, instead leaving many of us remote working, it can feel like more of a challenge to catch the attention of management, show your worth and gain a promotion.
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For eight years, the Total Workforce Index™ (TWI) has measured the relative ease of sourcing, hiring and retaining contingent and permanent workers. It’s the only index of its kind to analyse over 200 factors across 75 competing labour markets, providing a comprehensive and comparative view of four key categories: Workforce Supply, Cost Efficiency, Regulation and Workforce Productivity.
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In today’s world, digital is a fundamental capability required by any business. It can unleash tremendous benefits across the whole organisation by creating a new mindset, a new culture and a new way of working. This makes a business effective at everything it does and drives competitive advantage through use of digital to strengthen the business strategy, leveraging ecosystem of customers/partners to bring new innovative products to market, delivering great customer experience and maximising efficiency of operations.
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