Fox Business: companies struggle to find qualified applicants.

February 16, 2021 Michael Smith

Information technology. Human resources. Finance and accounting. Employers agree that talent scarcity in these fields is a challenge in their business recovery efforts.

According to the new Talent Trends research from Randstad Sourceright, 40% of C-suite and human capital leaders are still struggling to find highly skilled talent. This is despite a large applicant pool due to ongoing pandemic-related layoffs.

To improve workforce planning and better predict business and talent needs, companies are increasing their investments in talent analytics. Ninety percent (90%) of those that have recently begun using talent analytics for improved visibility agree that they will continue to budget for the technology going forward.

"Talent analytics have always been of the utmost importance to talent leaders and will now play an even more integral role in companies' recovery efforts," says Randstad Sourceright CEO Mike Smith.

Read the full article in Fox Business to learn how organizations can beat talent scarcity. You can also get your copy of the 2021 Talent Trends Report, “Rewrite your talent strategy playbook during extraordinary times,” for more insights on building your talent strategy for 2021.

About the Author

Michael Smith

Michael (managing director, EMEA) brings to Randstad Sourceright 13 years of experience across various operational and leadership roles for Randstad in Australia and Asia, working with teams across Australia, New Zealand, Singapore, Malaysia and Hong Kong to create market winning positions. Moving to Amsterdam to lead our operations in Europe, Michael is well-known as an active driver of Randstad’s “tech & touch” strategy to drive customer engagement and business outcomes.

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