Adapting to the ever-changing world of talent planning requires flexibility and forward thinking. The latest research from the World Employment Confederation's "𝐓𝐡𝐞 𝐖𝐨𝐫𝐤 𝐖𝐞 𝐖𝐚𝐧𝐭" highlights the significant challenges that senior executives are preparing for. At Gi Group Holding, we believe that some of the top concerns for talent planning in the coming years include digital transformation and the increasing demand for flexible working practices. The report also uncovers a range of other challenges such as talent scarcity, the Great Resignation phenomenon, talent migration, and the rise of remote work. In response to these challenges, an overwhelming 92% of senior executives anticipate the need for a more flexible workforce. Agile talent models are seen as a crucial strategy, not only in meeting the evolving expectations of workers, but also in helping organisations thrive in the face of constant change. For more detailed insights, check out the full WEC report: https://lnkd.in/gi52RqB6 #GiGroupHolding #MoreThanWork #FutureOfWork #TalentManagement #HumanResources
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Founder | CEO | Principal & Executive Consultant at CONTINUUM Workforce & Labor Optimization, Performance Improvement, Operational Excellence, Supply Chain Strategy, Facility & Network Design, & Change Management Expert
In the face of the ongoing talent shortage, companies must focus on optimizing their performance rather than choosing a work location. The debates surrounding this issue, such as work-from-office versus work-from-home, seem to miss the point. It's time to have discussions that create the right conditions to maximize performance, no matter which side a company chooses to lead. According to a recent report by Gartner, there are three themes emerging about how companies can come out of this crisis with optimized performance. The report provided has identified nine future-of-work trends, and HR directors and talent teams are facing sleepless nights trying to answer questions about snagging new talent, creating hybrid flexibility to their work approach, alleviating the pressure on managers, and pursuing nontraditional candidates. #futureofwork #workoptimization https://lnkd.in/ehnYUkVU
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9 Trends That Will Shape Work in 2023 and Beyond "Last year was another tumultuous year in the workplace, with continued high employee turnover rates, evolving return-to-office policies, inflation, and more. In 2023, amid a looming economic downturn, organizations will continue to face significant challenges — and how they respond could determine whether they are an employer of choice." I believe #TetraTech organizational leaders are prepared for these new challenges. I witness it every day! Progressive practices, low turnover, #flexibleworkschedules, #flextibletimeoff, and global #careergrowth opportunities are just several factors that keep people engaged. Do not hesitate to DM me for anything! https://lnkd.in/g-AvhJjP
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With 2024 right around the corner, companies in Singapore continue to pivot their business strategies to drive and support workforce transformation. In response to the rapid changes of digital transformation and shifting employee aspirations, leaders must keenly observe both external and internal landscapes to proactively prepare for the future of work. Dr Jaclyn Lee, Chief Human Resources Officer at Certis shares with HRM Asia the top five workforce trends that she sees taking place in 2024. These include: - Job redesign and reskilling as a result of advancements in AI (https://lnkd.in/dsVvuJvJ) - A distributed workforce that honours flexibility and work-life balance - A workplace experience that delivers the current generation’s aspirations and expectations (https://lnkd.in/ew5bpTNB) - Inspiring and responsible leadership that takes heed of environmental, social and governance (ESG) goals as it becomes more prominent where the younger generation will expect their leaders to show commitment to protecting the environment and developing a fair, diverse, and inclusive workplace. - Capability development to support building a competitive edge #ByTheBaysg #ByTheBaycommunity #workplacetrends #transformation #workforce #trends #goals #futureofwork #ESG
Top five HR and workforce trends in 2024 | HRM Asia
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The dynamics of the employer-employee relationship have transformed drastically. In today's world, 53% of employees anticipate the provision of a hybrid work set up by their employers, while 24% prefer working exclusively from home, as reported by Gallup. Leaders in 2023 must acknowledge & address the rapidly changing talent landscape to ensure stability & growth within their organizations. Read more: https://ow.ly/2Qy050QlqrC Follow hashtag#cogentinfotech for more hashtag#staffing insights. #HybridWork #Leadership #staffingtrends #thegreatresignation #article #flexibleworking #staffingindustry #staffing #staffingandrecruiting #hr #recruitment #humanresources #talentmanagement #talent #talentretention #talentacquisition #employeeengagement #talentattraction
Talent in the Changing Market | Cogent
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Catering to the diverse needs of a multigenerational workforce is crucial to retaining top talent. By leveraging hybrid work models, new technologies, and addressing generational gaps, HR leaders can build an inclusive and dynamic workplace. Discover more insights via this deep dive! #FutureOfWork #HRLeadership #EmployeeEngagement
Motivating the Multigenerational Workforce of 2030
protiviti.com
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The Growing Challenge of Employee Retention In today's fast-paced and ever-evolving business landscape, retaining talented employees has become an increasingly challenging endeavour for organizations of all sizes and industries. Employee retention, once seen as a straightforward task, has evolved into a complex puzzle for HR professionals and business leaders to solve. Several factors contribute to this growing challenge and understanding them is crucial for devising effective retention strategies. · Changing Expectations. · Rising Employee Mobility. · Skills Shortages. · Remote Work Challenges. · Generational Shifts. · Company Culture and Leadership. · Innovations in HR Technology. So, what can organizations do to combat the challenges of employee retention in this modern landscape? · Adapt and Innovate. · Invest in Employee Well-being. · Diversity and Inclusion. · Continuous Feedback. · Leadership Training. To navigate this evolving landscape successfully, organizations must be proactive in adapting to these changes and prioritizing their employees' well-being, growth, and overall job satisfaction. Only by doing so can they hope to retain their most valuable asset: their talented workforce. #EmployeeRetentionStrategies #ModernWorkplace #HumanResources
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40% of employees globally are actively considering a career change... The landscape of talent acquisition and retention has shifted dramatically. This isn't merely a workforce migration – it's a profound evolution in employee expectations. Traditional models built on rigid structures and limited opportunities for growth are no longer sufficient. Factors like burnout, stagnant career paths, and misalignment with organisational values are driving skilled professionals to seek greener pastures. The yearning for purpose, flexibility, and continuous learning has become a defining characteristic of the modern workforce. As HR leaders, we have a critical choice to make. Do we cling to outdated retention strategies, effectively building walls around our talent pools? Or do we seize this opportunity to construct bridges – fostering cultures of agility, development, and work that resonates with individual aspirations and societal impact? The data speaks volumes: - 85% of employees cite feeling valued as a key factor in staying with an organisation. (SHRM) - 70% of millennials prioritise access to learning and development opportunities. (Forbes) - Organisations with robust diversity and inclusion practices show 21% higher profitability. (McKinsey) These figures reinforce the need for a paradigm shift in talent management. Moving beyond perks and superficial gestures, we must invest in initiatives that address the core concerns of today's workforce. This includes: - Revamping performance management systems to focus on growth and skill development, not just annual assessments. - Implementing flexible work arrangements that empower employees to manage their time and well-being effectively. - Cultivating inclusive cultures where diverse perspectives are embraced and every individual feels valued and empowered to contribute. The Great Talent Migration isn't a crisis, it's a catalyst for positive change. It presents an opportunity to redefine how we attract, engage, and empower our workforce. #talentmanagement #futureofwork #workwithpurpose #employeeengagement #culture 📌 P.S. Don't hesitate to share best practices and challenges – collective collaboration is key to navigating this dynamic landscape.
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Gartner has released a report detailing the top five priorities for HR leaders in 2024. The priorities include: Leader and Manager Development, Organizational Culture, HR Technology, Change Management, Career Management and Internal Mobility. Gartner's report sheds light on some critical areas of focus: 1. HR Tech: 56% of HR leaders see a disconnect between current HR technology and future business needs. Key Insight: How can teams bridge the gap between current HR technology and the evolving business needs to ensure future alignment and effectiveness? 2. Hybrid Workplace Culture: The shift to hybrid work has impacted cultural connectedness. How are we fostering a sense of belonging and purpose in this new era? Key Insight: How can L&D teams integrate emotional proximity in training programs to foster connectedness throughout the organization? 3. Change Fatigue: Continuous change has left employees feeling overwhelmed. How can L&D initiatives address and mitigate change fatigue? Key Insight: With the rise of change fatigue, how can L&D initiatives empower teams to navigate continuous transformations? 4. Adaptive Career Design: Traditional career paths are becoming obsolete. Key insight: Are L&D teams ready to shift from traditional career mapping to more adaptive, experience-based career designs? Do any of the priorities in Gartner’s report resonate with your experiences? Access the full report here: https://lnkd.in/gkZQggx3 #learninganddevelopment #employeeengagement #employeedevelopment #hrinsights #hrtech #learningexperiencedesign #learningsolutions #changemanagement
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