34 per cent of biz struggle to find right talent, 1 in 3 grapples with retaining employees - News Summed Up

34 per cent of biz struggle to find right talent, 1 in 3 grapples with retaining employees


BENGALURU: Nearly 34% of organisations struggle to find the right talent, and almost one in three grapples with retaining existing employees. For employers, one of the top 10 hiring challenges is matching salary expectations, said Michael Page, which provides recruitment services for professionals at middle management to leadership levels. In its Talent Trends 2024 report, it said matching salary expectations proves difficult, while the scarcity of required skills in the talent pool adds complexity. Its data revealed that 94% of respondents are open to exploring different roles in 2024, a decrease of 4% y-o-y. It’s already affecting people’s daily working lives and career decisions, adding another layer of complexity to the talent market, he said.


Source: Indian Express June 20, 2024 05:23 UTC



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