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ARTICLE · 23 JUNE 2025

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Building A Resilient Talent Strategy: Stakes Are High (Video)

Businesses face a variety of talent management challenges: a fast-moving regulatory environment, ever-changing compliance requirements, shifting workforce expectations...

CanadaLaw Practice Management

Businesses face a variety of talent management challenges: a fast-moving regulatory environment, ever-changing compliance requirements, shifting workforce expectations, smaller teams struggling to do more with less and rapid technological advancements.

A broader, perennial need is making sure you have the right systems in place, running effectively, so you can manage costs and scale efficiently. Payroll and tax, compensation and benefits, and the evolving remote-hybrid work landscape all must be handled with confidence for accuracy and risk mitigation. Add in the need to adopt artificial intelligence to remain competitive and the stakes rise higher.

High stakes

What's at stake for companies if they can't successfully manage their global workforce? Consequences can include higher talent turnover, lacklustre competitiveness, missed business goals, a degraded employer brand, and the possibility of penalties and fees from regulatory infractions.

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