![]() This might mean doing more with less and “consider relatively low-cost, high-value benefits that you might have overlooked before.” TechRepublic Premium editorial calendar: IT policies, checklists, toolkits and research for download Organizations are far more likely to realize value from AI when their workers do Must-read CXO coverageĭeloitte: The top tech trends on the horizon His advice to talent leaders is to mitigate uncertainty as best they can for their employees. That understanding will help you weather economic highs and lows and labor-market volatility.” Workers are bracing for the economic declineĮmployees are acutely aware of the “sharp slowdown in economic growth in regions around the globe,” LinkedIn Principal Economist Guy Berger said in the report. “Continue to understand the skills your employees have, and the skills your company needs. ![]() ![]() Her advice to talent leaders is to look inward. In short, hiring is expected to decelerate from the historic highs of 2021, Kimbrough said. SEE: The COVID-19 gender gap: Why women are leaving their jobs and how to get them back to work (free PDF) (TechRepublic) But Kimbrough added a note of caution, adding that “this power balance is likely to start leveling out in the coming months.” “In many ways, employees still hold the power to demand more from their employers when it comes to salary, flexibility and benefits,’’ said LinkedIn Chief Economist Karin Kimbrough, in the report. In 14 countries LinkedIn studied, all have decreased their hiring rate over the past year, yet employees still wield power due to the tight labor market, the networking site said in its new Global Talent Trends report. LinkedIn: How to retain employees as hiring rates dipĪ new report finds that even with a slower pace of hiring growth as the economy cools, labor market dynamics remain competitive.
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