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U.S. Fact Sheet - Talent Intelligence Outlook 2016

Issue link: https://insights.randstadsourceright.com/i/766098

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TALENT MANAGEMENT ROBOTICS Ro TALENT FLEXIBILITY Tf ARTIFICIAL INTELLIGENCE WORKFORCE STRATEGIES Ws TALENT INNOVATION Ti RESOURCING STRATEGIES Rs RECRUITMENT R CONTINGENT WORKFORCE Cw WORKFORCE MANAGEMENT Wm WORKFORCE MANAGEMENT Wm MANAGED SERVICES PROGRAM MsP CONTINGENT TALENT Ct CANDIDATE EXPERIENCE Ce AUTOMATION Au GIG WORKERS Gw TECHNOLOGY TOOLKIT Tt TECHNOLOGY TOOLKIT Tt CAREER TRANSITION SERVICES CtS STATEMENT OF WORK SoW SUPPLIER MANAGEMENT Sm VENDOR MANAGEMENT SYSTEM VmS HUMAN INTELLIGENCE Hi PREDICTIVE ANALYTICS Pa EMPLOYER VALUE PROPOSITION EvP TALENT CONSULTANCY Tc www.randstadsourceright.com talent intelligence outlook: U.S. facts Growth and hiring to remain strong in the U.S., but adoption of integrated talent management hampered by cautious approach In the global economic recovery, the U.S. has been a dependable market in terms of business growth and job creation. Survey respondents in the U.S. echoed that strength, with 90% reporting business growth in the past 12 months. For the next 12 months, 74% of human capital leaders anticipate growth will continue. This outlook translates into stronger hiring, with 60% believing they will hire extensively to meet current demand and future expansion. Among the roles U.S. companies will most look for are sales and IT/technical workers, which are in strong demand across the globe. However, competition for these and other skills may become even more heated as growth-driven demand shifts more power to highly skilled talent. Indeed, 68% of U.S. respondents say more competition for talent will influence business growth — the No. 1 concern human capital leaders expressed. What will be the biggest influencers on business in the next 12 months? Competition for talent was cited as the most critical factor, followed by talent scarcity and the digitalization of HR. At the same time, there is a perception that more permanent roles will be shifted to contingent. Three takeaways • Business outlook in the U.S. is generally upbeat, but the protracted presidential race gave cause for concern. • Adoption of Integrated Talent Management (ITM) appears to be taking place at a measured pace. • Investments in technology are focused on mobilization and engagement of internal talent as a response to talent scarcity. U.S. human capital leaders are optimistic about the road ahead OUTLOOK FOR BUSINESS GROWTH IN THE NEXT 12 MONTHS PROJECTED HIRING FOR THE NEXT 12 MONTHS Will grow significantly Will grow slightly 10% 18% 42% 52% 64% Their confidence is translating into an anticipation of more hiring Will hire extensively to keep up with growth and stay ahead of the competition Will hire extensively to keep up with anticipated growth Will hire for a few strategic positions

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