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Businesses around the world want to hire employees, but they face the common dilemma of not being able to attract workers.
A survey of nearly 45,000 employers in 43 countries found that 69% of employers reported having difficulty filling positions, the highest level in 15 years, according to recruitment service provider ManpowerGroup Inc.
Meanwhile, 15 countries – concentrated in Europe and North America – reported the highest hiring intentions since the survey began in 1962.
Companies in all countries surveyed reported stronger employment prospects for the end of this year, compared to the last three months of 2020.
“The persistent talent shortage means that many companies are prioritizing retaining, training and educating employees and equipping them with the skills they need to be successful as the economic recovery continues,” said the ManpowerGroup CEO Jonas Pressing in a statement.
About 40% of those surveyed said they offer training and skills development to attract and retain talent. A similar proportion said they offered flexible working hours and almost a third of the pay rise, while others offered bonuses and extended vacations.
Incentives vary by industry, with financial services companies more likely to offer training and development and flexible workplaces, while manufacturers often increase wages or offer more flexible hours.
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