And it’s a war set to get very ‘hot’.
There is huge demand for people and talent, but what’s complicating things is that the pandemic has changed the workforce itself.
Baby Boomers are retiring and women and non-college educated workers have left the workforce.
That makes it harder to find people to fill the service, labor, and contract jobs, which are now in demand.
As a result, wages will have to go up and companies will do a better job of job sharing and internal mobility and will spend energy on end-to-end talent acquisition.
Younger workers (74% of the workforce is now under 50) are looking for meaningful work. If you nail this well, you’ll hire the best.
To accelerate success of your leaders and high potentials,
Cornerstone offers executive coaching and training in China for executives and managers in China and around the world.
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