Randstad: Employers Are Focusing On Employee Experience Over Cost Savings
HRDIVE, March 1st, 2023
Three out of 4 business leaders say their talent acquisition strategies are more about total value creation for the company than cost savings, nearly double the number since 2022, according to a survey by global talent solutions provider Randstad Enterprises, released Feb. 23.
The hiring frenzy of the past two years may be over, but the challenge of finding critical talent hasn't gone away; 42% of business leaders who responded to the Randstad survey - the highest percentage ever recorded by the company - said talent scarcity remains one of their biggest pain points, Randstad noted.
To overcome talent scarcity, three-quarters of the respondents plan to focus more on skilling and career development, while more than half plan to increase their spending on internal mobility platforms, according to the survey.