Fox Business: companies struggle to find qualified applicants.

February 17, 2021 Mike 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

Mike Smith

As chief executive of Randstad Enterprise, Mike Smith intentionally drives a culture of innovation and collaboration across our Enterprise businesses to build long-term client relationships with the world’s largest corporations. He consistently brings Randstad's “tech and touch” thinking to client conversations to solve complex talent challenges and create sustainable business value and agility.

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