Monday, September 27, 2021

Two-thirds of businesses worldwide are struggling to make ends meet

By Reed Pickart | Bloomberg

Businesses around the world want to hire but face the same dilemma: attracting workers.

A survey of approximately, 0005,000 employers in 43 countries found that %% employers had difficulty filling% of employers, according to the employer organization ManpowerGroup Inc. The purpose of their highest recruitment since the survey began in 1962.

Businesses in all the surveyed countries reported a strong recruitment outlook towards the end of this year compared to the last three months of 2020.

Jonas Preezing, CEO of ManpowerGroup, said in a statement, “The continuing lack of talent means many businesses are prioritizing skills acquisition and training as economic recovery continues.

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About 40% of respondents said they offer training and skill development to attract and retain talent. A similar share has offered a flexible work schedule. Wages have risen by about a third. Others offer signature bonuses and more holiday time.

Incentives by industry vary, financial services companies are more likely to provide training and development and flexible job positions when manufacturers often raise salaries or offer more flexible schedules.

Two-thirds of businesses worldwide are struggling to make ends meet
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