The size of the labor force is shrinking. One of the reasons is simply due to demographics; high-income countries have an increasingly aging population, and this, with the trend of lower number of births; leads to a fluctuating job market that currently experiences skills and talent shortages.
The savvy thing companies can do right now is to reassess their skills strategies and act on it ASAP. Companies looking to close the skill gaps take time to train existing and new employees, and organize their company culture around learning, offering plenty of space for growth within the company - in the way the company needs it and how it wants people to grow.
There are already lots of niched HR tech solutions that utilize AI and leverage employee data to target skills and talent development of employees and help mitigate the staffing crisis.
In this webinar, Dr. Thomas Otter and Filip Misovski discuss what companies can do right now to solve their skills and talent challenges, and what opportunities are there to bring remedy fast, while working on long-term solutions for people sustainability.
In this webinar, you will learn about:
🔹 How to expand the talent pool to tackle talent shortage
🔹 What are the challenges of hiring foreign talent
🔹 How HR Tech helps with managing skill shortages in a workforce
🔹 AI stepping in to perform certain roles and skills sets
🔹 What are the changing trends of retirees returning to the workforce.