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ARTICLE · 19 JULY 2024

People-Focused Solutions For Global Skills Shortages

Lewis Silkin
Lewis Silkin
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Lewis Silkin

Lewis Silkin

Joint managing partners: Jo Farmer, Richard Miskella International offices: Dublin, Hong Kong...

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Employers worldwide are currently facing significant challenges in recruiting and retaining top talent. The pandemic and demographic changes have narrowed the recruitment pool and transformed the way we work, prompting employees to seek greater flexibility and autonomy. As a result, employers must innovate by considering a mix of options to meet their staffing needs. Businesses worldwide are struggling to find suitable talent. A recent survey of over 40,000 employers revealed that 75% are findi

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Businesses worldwide are struggling to find suitable talent. A recent survey of over 40,000 employers revealed that 75% are finding it difficult to source the right talent in the right locations. Countries like Japan, Germany, Greece, Israel, Ireland, Portugal, India, the UK, France, and Canada are experiencing severe talent shortages.

This article explores some of the factors contributing to global skilled labour shortages and suggests some people-focused options to address them.

Geopolitical, environmental and demographic influences on labour supply

The reasons behind these shortages are complex, ranging from an aging workforce to changing industry perceptions. The shift in workplace preferences post-pandemic has further intensified the recruitment crisis.

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