Talent Shortage Emerging as Top Threat to Companies
According to a recent survey from Gartner Inc. talent shortages have become the leading risk for companies worldwide in 2019.
Garter surveyed over 130 executives and saw that talent shortages had surpassed cloud computing and accelerating privacy regulation as the number one risk to companies this year.
It’s becoming harder and harder to find a specialist in high-risk positions like AI Robotics.
Of the 137 executives surveyed roughly 60% identified talent shortages as their company’s biggest concern. The industries most impacted by the lack were consumer service, retail and hospitality, government, industrial, manufacturing, financial assistance, and nonprofit organizations.
For companies who are finding a candidate who can immediately jump in and can’t afford the time needed to develop talent should rethink their process. Tactics like hiring abroad have been easy ways to expand the candidate pool. Offering endless benefits such as remote work options, maternal and paternal leave, and flexible scheduling are great ways to make your position stand out. A sure-fire way to attract top talent in a competitive market is through money. Reviewing your compensation packages and offering competitive wages will see results in their recruiting campaigns.
To help with your tech talent shortage check out our marketplace here.