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The majority of workers (81%) say the pandemic has affected how they think about work (ManpowerGroup The New Human Age, 2023). Workers are increasingly motivated by developing skills and experiences rather than seeking hierarchy and job titles. This often involves making lateral moves to find fulfilment and grow into more agile employees.
Meanwhile, birth rates continue to decline while populations age, creating acute talent shortages and reduced labour force participation in many countries.
Whilst businesses struggle to recruit the skills they need, retention of talent has never been more important – without a robust retention strategy, businesses will fail to maximise their recruitment efforts and risk accelerating the leaky bucket effect, losing talent as quickly as they’re hiring.
Join Talent Solutions Right Management for an interactive panel discussion where we’ll learn how businesses are tackling the retention challenge, focusing on four key workforce trends:
Shifting demographics: how generational differences are necessitating a change in retention strategy
Individual choice: what businesses are doing to meet employee demands, grow workplace culture and build trust
Tech adoption: marrying technology innovation with human ingenuity
Competitive drivers: access to highly skilled talent is a distinct competitive advantage