forbes: invest in people to boost engagement, despite uncertainty.

March 12, 2023 Rebecca Henderson

As the economy softens, the post-pandemic surge in high perks for employees has subsided for now. But despite uncertainty, elevating the employee experience remains central to talent strategies. In fact, employers are focusing more than ever on the entire talent life cycle, according to the Randstad Enterprise 2023 Talent Trends research, which surveyed more than 900 C-suite and HR leaders around the globe.

To attract and keep the best talent, human capital leaders are striving to elevate engagement, retention and productivity by making work more meaningful, increasing learning opportunities and softening the blow of layoffs.

For instance, as recent mass layoffs have made headlines for their lack of compassion, employee well-being is top of mind. Nearly half of those surveyed (49%) are increasing budgets for career transition and outplacement services, while a majority (53%) already spend moderate to significant levels to support outplacement services.

And as digital transformation accelerates, employee growth and professional development are also chief concerns, especially as skills gaps and talent shortages reach crisis levels. Seventy-six percent (76%) are increasing their focus on employee skill development, 57% are investing more in career coaching technology, and 63% are investing in training and development, according to the report. Overall, 54% of C-suite and human capital leaders are spending more on well-being and safety concerns.

Learn more about improving the employee experience to increase retention and engagement in Forbes, then get your copy of the Randstad Enterprise 2023 Talent Trends Report.

About the Author

Rebecca Henderson

Rebecca Henderson is CEO of Randstad Global Businesses and executive board member of Randstad. In this core leadership role, Rebecca brings more than 20 years of experience in all facets of talent acquisition solutions and technology. With deep insights and progressive perspectives, Rebecca steers Randstad Global Business’ development to ensure human capital leaders can play a strategic role in driving growth locally, across regions and globally. Rebecca is a highly regarded leader in the talent management field and has been recognized by Staffing Industry Analysts in “The Global Power 100 Hall of Fame.”

Follow on Twitter Follow on Linkedin
Previous Article
HR dive: elevate the talent experience to overcome talent scarcity.
HR dive: elevate the talent experience to overcome talent scarcity.

Business leaders are overcoming talent scarcity by improving the talent experience with programs to advance...

Next Article
MPO: 5 ways to boost the talent experience, in any economy.
MPO: 5 ways to boost the talent experience, in any economy.

As talent pools shrink — and tech skills top Randstad Sourceright’s 2022 Global In-demand Skills — how can ...