Companies around the world want to hire employees, but they face a common dilemma forInability to attract employment.
A survey of nearly 45,000 employers in 43 countries found that 69% of employers reported having difficulty filling roles, the highest level in 15 years, according to recruitment services provider ManpowerGroup Inc.
Meanwhile, 15 countries – concentrated in Europe and North America – have reported the highest hiring intentions since the survey began in 1962.
Companies in all countries surveyed reported stronger employment prospects for the end of this year, compared to the last three months of 2020.
“The persistent talent shortage means that many companies are prioritizing employee retention, training, and equipping them with the skills they need to succeed as the economic recovery continues,” ManpowerGroup CEO Jonas Pressing said in a statement.
About 40% of respondents said they provide training and skills development to attract and retain talent. A similar proportion reported offering flexible work schedules and nearly a third of the pay increase, while others offered bonuses and extended vacation time.
Incentives vary by sector, with financial services firms more likely to offer training and development and flexible work locations, while manufacturers often raise wages or offer more flexible schedules.
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