Help Wanted: What Looming Labor Shortages Mean for Your Business - CHRO Implications
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Publication Date:
April 18, 2016
Does your human resources function have a plan for hiring and retaining talent during a protracted labor shortage? That shortage is here, hitting industries and regions with varying force, but resulting in higher wages, lower profits, and headaches for CHROs worldwide. The tight labor market owes to an unprecedented confluence of trends: historically low productivity growth and massive baby boomer retirements. CHROs must look for talent in unusual places and consider automation and relocation. Is your company at particular risk? Our latest research identifies probable shortages from state to state, country to country, and across industries. Explore our full portfolio of thought leadership on Labor Shortages 2016 here. How will labor shortages affect: Host – Brian Schaitkin
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