According to the August 2022 PwC Pulse Survey, the most recent regular survey of the perceptions of CEOs of large companies in the United States, attracting and retaining talent is the number one risk identified by business leaders, second only to cyber attacks. executives and board members of Fortune 1000 companies and other private companies.
Nearly two-thirds of respondents (63%) say they have changed or plan to change business processes to address labor shortages, up seven percentage points from January 2022. Intensification of automation efforts is increasing demand for human resources that combine functional knowledge with adequate understanding of technology.
Identifying and attracting employees with the right skills continues to be a challenge for companies as they look for different strategies such as: expanding remote work options for roles that allow this approach (70%), tailoring HR strategy by employee category (59%), acquisition of other companies, specifically for access to talent (52%).
Companies have initiated or are considering measures to reduce the number of employees
On the other hand, companies have started or are considering measures to reduce their workforce, creating the right mix of skills needed in the future. Half of respondents are downsizing, 46% are reducing or waiving hiring bonuses, and 44% are withdrawing job offers.
Read more on the PwC Romania blog.
Source: Hot News RO
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