With wage pressures pushing employee compensation demands higher and inflation and supply chain issues further straining employer finances, one might expect that budgets for learning and development would shrink or even be put on hold while the storms pass.
The Great Resignation is alive and well. In November of last year, a record 4.5 million U.S. workers left their jobs, and the trend isn’t slowing down. One report asserts that “three out of four full-time employees are planning to quit their job this year.” While the pandemic is partly to blame for mass resignations, […]
In the wake of the COVID-19 pandemic and the Great Resignation, companies around the world have been faced with changes in the skills necessary to succeed, as well as more difficulty in hiring new staff or replacing departing employees. Many employers have resigned themselves to the idea that they can’t easily bring on new staff […]
The growing skills gap, despite many other important concerns this year, is something leaders should pay serious attention to. Increased job automation, disrupted talent availability, and the rapid shift to a more digital workforce have led to an abrupt need for companies to support continuous reskilling. Staying competitive in the near future and beyond means […]