Trends in the Workplace World projected for 2022, as per our CEO Alain Dehaze
In the wake of the global economic recovery, the world is bracing for a challenging year ahead as the supply chain and talent scarcity crisis looms large. This is particularly true as we enter 2022, with talent scarcity becoming a key issue in the world of work.
The Covid-19 pandemic has had a systemic impact on labor markets, policy, and regulation, leading to a transition towards a more green future and a shift towards automation and digitization. This transition, however, has contributed to talent scarcity, especially in tech-related fields. The demand for IT and engineering talent is exploding due to digital transformation and industry growth, while the gap between job openings and skilled candidates is widening.
To address this issue, reskilling and upskilling efforts are critical strategies. By equipping existing workers with new technical skills, companies can bridge skill gaps more rapidly than relying solely on new hires. This not only shortens hiring times but also reduces workload pressure on current employees, helping to maintain productivity and stem attrition.
Organizations are placing increased emphasis on recruiters and talent acquisition teams to actively find and develop skilled candidates. This indicates that recruitment combined with workforce development is key for mitigating shortages.
The debate about the plausibility of a four-day work week is also gaining traction as a potential solution to talent scarcity. The virus itself has impacted talent scarcity, affecting people's health and willingness to return to the workplace.
The home/office hybrid workforce is expected to remain in 2022 and beyond due to talent scarcity. Companies are re-evaluating their flexible working arrangements to attract and retain skilled workers.
According to the OECD's latest Economic Outlook, the global recovery is continuing but its momentum has eased and is becoming increasingly imbalanced. The OECD report predicts that investments in reskilling and upskilling efforts will be a contingency for the economic outlook.
Closing borders and early retirements have worsened talent scarcity in the past 24 months. The world's richest countries need to invest in reskilling and upskilling efforts quickly to avoid a long-term rise in unemployment.
Alain Dehaze, the CEO of The our group, emphasizes the importance of these strategies. "Investing in our people is not just a response to the current crisis, but a long-term investment in our future," he said.
As we reflect on the end of 2021, it is clear that the next year will focus on consolidation of workplace trends. The predictions for talent scarcity in 2022 show a significant shortage of skilled professionals, especially in tech-related fields. However, with strategic recruitment and workforce development, companies can navigate this persistent talent scarcity and support sector growth goals.
[1] Reskilling and Upskilling for a Changing World of Work [2] Talent Shortages: A Growing Business Threat [3] Semiconductor Shortage: Causes, Effects, and Solutions [5] The New Talent Imperative: How to Win the War for Talent
- In response to the talent scarcity crisis in tech-related fields due to digital transformation and industry growth, reskilling and upskilling efforts are crucial strategies for bridging the widening gap between job openings and skilled candidates.
- Organizations are actively seeking to find and develop talent as a key approach to mitigate the talent scarcity issue, demonstrating that recruitment combined with workforce development plays a pivotal role in addressing shortages.
- As the world continues its recovery, investments in reskilling and upskilling efforts are predicted to be a contingency for the economic outlook, helping to minimize long-term unemployment.
- As the world braces for the challenges of a talent-starved 2022, businesses must prioritize employee engagement, science, education-and-self-development, and workplace-wellness initiatives to attract and retain skilled workers in a competitive landscape.
- In a bid to tackle talent scarcity and support sector growth goals, companies are reevaluating their finance structures to implement flexible working arrangements and offer a home/office hybrid workforce, thus enhancing employee satisfaction and productivity.
