Fox Business: companies struggle to find qualified applicants.

February 16, 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

With a 16-year career at Randstad, Mike Smith brings a wealth of experience in the talent acquisition industry to his role as Randstad Sourceright global CEO. Smith joined Randstad in January 2005 as a graduate recruitment executive and has since held various operational and leadership roles for Randstad including managing Randstad’s business operations in Australia, managing director for Southeast Asia, CEO of Randstad UK and managing director of Randstad Sourceright in Europe, the Middle East and Africa. An active driver of Randstad’s “tech and touch” strategy, in his role as CEO, Smith continues to elevate Randstad Sourceright's customer value propositions, seek out ongoing areas for differentiation and embed change through investment in business transformation technology.

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