Talent Crunch

New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves

Recruiters say recruits are leveraging talent crunch to demand flexible work and high salaries

According to a report, companies with 6-day work weeks have to settle for leftover talent

What's the impact of talent crunch on services sector? Can startups manoeuvre the funding slowdown? What's worrying about cabin crew woes of IndiGo, SpiceJet? What is the MPC of RBI? All answers here

Only 10% of Global Capability Centres have tie-ups with educational institutes to source talent

Apple is waging a talent war with companies in Silicon Valley and beyond, with Meta emerging as a particular threat

Employers around the world are facing the most acute talent shortage in 12 years, and India is among the top 10 most-affected markets with 56 per cent of employers are facing difficulty in filling vacant positions here, says a survey. According to the latest Talent Shortage Survey released today by ManpowerGroup, of almost 40,000 employers surveyed globally, 45 per cent are struggling to fill roles. "With record talent shortages around the world, it's no longer a question of simply finding talent; we need to build it," ManpowerGroup Chairman & CEO Jonas Prising said. Prising further noted that "organisations need to accelerate efforts to upskill and reskill employees for the new world of work so companies succeed and people have employment security for the long term". The worst affected country across the world in terms of talent shortage is Japan, as 89 per cent employers said they faced difficulty in filling positions, followed by Romania (81 per cent) and Taiwan (78 per ...