THE HJ TALENT ECOSYSTEM
Attract. Assess. Search. Onboard. Retain.
Navigating the Talent Crunch: A Critical Challenge for Businesses in 2030
Businesses across the globe are facing an unprecedented challenge in securing the talent they need to thrive. By 2030, the worldwide talent deficit is projected to reach a staggering 85 million people, driven by demographic shifts and evolving work attitudes. This impending talent shortage poses a significant threat to unprepared businesses, potentially hindering their growth and overall success.
However, by proactively addressing this challenge, organizations can gain a competitive edge and ensure their long-term sustainability. Embracing innovative recruitment strategies, investing in employee development, and fostering a positive work environment are crucial steps in mitigating the talent crunch and securing a skilled workforce.
In an increasingly competitive landscape, those organizations that effectively navigate the talent crunch will emerge as leaders, poised for continued growth and success in the years to come.
WHAT WILL CAUSE THE TALENT CRUNCH?
> GROWTH OF INDEPENDENT WORKERS
The number of self-employed individuals has seen a twofold increase in the last decade.
> THE LOOMING TALENT DEFICIT
As the baby boomer generation enters retirement (often referred to as the ‘Silver Tsunami’), a global talent shortage is on the horizon.
> SHIFTING COMMITMENT DYNAMICS
The Technology, Professional Services, and Business Services sectors are witnessing a historic low, with average tenures now dropping below 4 years.
> DIVERSITY, EQUITY & INCLUSION (DEI) EVOLUTION
The modern DEI lens goes beyond just gender. There’s a growing recognition of the importance of ethnicity, sexual orientation, disability, and neurodiversity.
THE OPPORTUNITY – BECOME A DESTINATION EMPLOYER
THE IMPORTANCE OF HIRING AND RETAINING THE BEST TALENT IS VITAL
We have listened to our customers and understand that Search alone is not the solution and will not deliver long term strategic advantage. The HJ Talent Ecosystem takes a more holistic approach to the talent equation and ensures you maximise the potential of your greatest asset: your people.
To turn you into a DESTINATION EMPLOYER; an organisation people aspire to join, and are inspired to stay.