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Global Economic Outlook 2016: Anticipating Labor Market Tightness at Times of Slow Global Growth (CHRO Strategic Implications)
November 2015 | Publication
What do extended tight labor markets amidst slow economic growth mean for CHROs? For the foreseeable future, CHROs are likely to be operating in an environment of weakening corporate profits and low productivity growth. They will be feeling the pressure to acquire, retain, and develop the kind of talent that drives business forward while keeping the costs of that talent as low as possible in a period of faster compensation growth. In the first extended tight labor market in at least 15 years, CHROs will have to be focused and creative about looking for talent in new places.
How will the 2016 oulook affect economies around the world?
- China- Host Andrew Polk
- Euro Area- Host Bart van Ark
- Gulf Economies- Host Ataman Ozyildirim
- India- Host Abdul Erumban
- Latin America- Host Jing Sima
- Sub-Saharan Africa- Host Klaas De Vries
- SE Asia- Host Jing Sima
- United States- Host Ataman Ozyildirim