Analytics in HR
JUNE 30, 2023
Build As organizations struggle to source highly skilled and specialist talent, they might choose to build competencies in-house. In this strategy, organizations leverage learning and development programs to increase existing employees’ range of competencies and potentially offer training in adjacent areas. annually by 2028.
Caliper
JULY 22, 2021
Fast fact : By 2028, the skills gap is expected to leave 2.4 The State of Human Capital Management survey shows that 45% of organizations lack the necessary workforce to compete today, and 36% say a skills gap is their number one challenge. On average, developing a new competency takes 2 years and costs $30,000. Did you know?
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Linkedin Talent Blog
MARCH 28, 2023
Globally, the gig economy is expected to grow to $873 billion in 2028, up from $355 billion in 2021. To compete for the best candidates, companies are finding they must widen their search to include independent contractors. Even before the current economic slump, gig work was on the rise with more than one-third of U.S.
Emergenetics International
DECEMBER 10, 2024
Identifying Readiness for a Skills-Based Structure 84% of business leaders think talent approaches need to reflect a focus on competencies rather than traditional job roles. Engage employees in revising their skills inventories at least annually and regularly meet with leadership to assess any new competencies that need to be elevated.
UKG
OCTOBER 10, 2023
M Number of new clinicians who will need to be hired by healthcare employers by 2028. Finis, RN, MS, presents the Fall 2023 industry brief, designed to provide in-depth and actionable practices around data, trends, mentorship, and entrepreneurial visioning.
Extensis
MAY 24, 2023
Often, small employers must think outside the box to compete effectively for top recruits. The global recruitment industry is booming and is expected to reach a value of nearly $20 billion by 2028. Many small businesses today outsource parts of their recruiting process to help attract and hire the best talent.
Talogy
JUNE 25, 2024
Furthermore, Ventana Research predicts that by 2028 “demonstrable, transferrable skills will overtake prior job titles and education as leading qualifiers in the hiring and promotion processes for one-half of organizations.” The continuing importance of competencies Make better talent decisions now and for the future. What’s the point?
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